Charlene Barshefsky Sells 3,775 Shares of Estee Lauder Companies (NYSE:EL) Stock

The Estee Lauder Companies Inc. (NYSE:EL) Director Charlene Barshefsky sold 3,775 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total value of $373,045.50. Following the transaction, the director owned 50,971 shares of the company’s stock, valued at approximately $5,036,954.22. The trade was a 6.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Estee Lauder Companies Stock Performance

EL stock opened at $96.99 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The business’s fifty day simple moving average is $90.33 and its two-hundred day simple moving average is $85.95. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The firm has a market cap of $35.09 billion, a price-to-earnings ratio of 197.95, a PEG ratio of 1.12 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Analysts predict that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s payout ratio is 285.71%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on EL shares. Citigroup raised their target price on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, August 20th. Weiss Ratings upgraded Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, August 21st. B. Riley Financial reissued a “neutral” rating and issued a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a research note on Thursday, August 20th. Morgan Stanley raised their price objective on Estee Lauder Companies from $90.00 to $102.00 and gave the stock an “equal weight” rating in a report on Thursday, August 20th. Finally, The Goldman Sachs Group lifted their target price on Estee Lauder Companies from $100.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, August 20th. Two equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has an average rating of “Hold” and a consensus target price of $104.67.

Institutional Investors Weigh In On Estee Lauder Companies

Several hedge funds have recently modified their holdings of EL. REAP Financial Group LLC purchased a new position in Estee Lauder Companies during the fourth quarter valued at approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Estee Lauder Companies during the fourth quarter worth $27,000. Trust Co. of Vermont bought a new stake in Estee Lauder Companies during the 2nd quarter valued at $28,000. Kozak & Associates Inc. bought a new stake in Estee Lauder Companies during the 2nd quarter valued at $30,000. Finally, IFP Advisors Inc increased its holdings in shares of Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company’s stock valued at $33,000 after acquiring an additional 108 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estee Lauder Companies

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.