The Estee Lauder Companies Inc. (NYSE:EL – Get Free Report) Director Barry Sternlicht sold 4,697 shares of the business’s stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $108.63, for a total transaction of $510,235.11. Following the transaction, the director directly owned 34,812 shares in the company, valued at $3,781,627.56. The trade was a 11.89% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.
Estee Lauder Companies Stock Performance
NYSE:EL opened at $110.22 on Friday. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The company has a market cap of $39.88 billion, a price-to-earnings ratio of 110.22, a PEG ratio of 1.51 and a beta of 1.23. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.90 and a current ratio of 1.25. The firm’s 50-day moving average is $100.73 and its 200-day moving average is $91.73.
Estee Lauder Companies (NYSE:EL – Get Free Report) last posted its quarterly earnings results on Monday, November 2nd. The company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.51 by $0.21. The business had revenue of $3.72 billion for the quarter, compared to analysts’ expectations of $3.65 billion. Estee Lauder Companies had a return on equity of 26.99% and a net margin of 2.41%. The firm’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.32 earnings per share. Equities research analysts anticipate that The Estee Lauder Companies Inc. will post 3.43 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a $0.35 dividend. The ex-dividend date is Monday, November 30th. This represents a $1.40 dividend on an annualized basis and a yield of 1.3%. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 140.00%.
Institutional Investors Weigh In On Estee Lauder Companies
A number of institutional investors and hedge funds have recently made changes to their positions in EL. Bank of America Corp DE grew its stake in Estee Lauder Companies by 950.9% during the 1st quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after buying an additional 12,526,471 shares during the last quarter. Ninety One UK Ltd acquired a new position in shares of Estee Lauder Companies in the 3rd quarter valued at about $134,551,000. KBC Group NV boosted its holdings in Estee Lauder Companies by 910.3% in the 1st quarter. KBC Group NV now owns 707,692 shares of the company’s stock worth $50,792,000 after acquiring an additional 637,641 shares during the period. Amundi grew its holdings in Estee Lauder Companies by 33.8% during the 1st quarter. Amundi now owns 1,909,911 shares of the company’s stock worth $137,074,000 after acquiring an additional 482,185 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in Estee Lauder Companies by 1,629.2% in the second quarter. Assenagon Asset Management S.A. now owns 412,570 shares of the company’s stock worth $32,572,000 after acquiring an additional 388,711 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.
Trending Headlines about Estee Lauder Companies
Here are the key news stories impacting Estee Lauder Companies this week:
- Positive Sentiment: Estée Lauder unveiled its “Mastering Skin Longevity” scientific research platform at an expo in China. The initiative may help differentiate its skincare products and support future innovation, though no near-term revenue contribution was announced. Estée Lauder launches skin longevity research platform at China expo
- Positive Sentiment: The company’s fiscal 2030 roadmap targets stronger sales, higher margins, and double-digit earnings growth, supported by product innovation and operating efficiencies. Progress toward these goals could improve the long-term outlook, but delivery remains uncertain. EL’s Fiscal 2030 Roadmap Targets Stronger Growth & Higher Margins
- Negative Sentiment: Director Barry Sternlicht sold 4,697 shares, reducing his position by about 11.9%. Insider sales can weigh on sentiment, though the transaction alone does not establish a change in the company’s outlook. SEC filing for director share sale
Wall Street Analyst Weigh In
Several equities analysts have weighed in on the company. Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 10th. The Goldman Sachs Group upped their price objective on shares of Estee Lauder Companies from $116.00 to $124.00 and gave the company a “buy” rating in a research note on Friday, October 16th. Morgan Stanley boosted their price target on Estee Lauder Companies from $112.00 to $118.00 and gave the company an “equal weight” rating in a report on Tuesday. Barclays upped their target price on shares of Estee Lauder Companies from $108.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, HSBC upped their target price on shares of Estee Lauder Companies from $87.00 to $95.00 and gave the stock a “hold” rating in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $110.31.
Check Out Our Latest Report on Estee Lauder Companies
About Estee Lauder Companies
The Estée Lauder Companies Inc is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London.
The company’s products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.
The Estée Lauder Companies serves customers in more than 150 countries and territories.
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