Estee Lauder Companies, Inc. (The) (NYSE:EL) Director Paul J. Fribourg sold 32,640 shares of the stock in a transaction on Monday, August 28th. The shares were sold at an average price of $106.18, for a total transaction of $3,465,715.20. Following the completion of the sale, the director now owns 15,216 shares of the company’s stock, valued at approximately $1,615,634.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 105.70 on Wednesday. The firm has a market cap of $38.89 billion, a PE ratio of 31.55 and a beta of 0.72. Estee Lauder Companies, Inc. has a 52 week low of $75.29 and a 52 week high of $107.91. The firm has a 50-day moving average of $99.47 and a 200 day moving average of $91.81. Estee Lauder Companies, Inc. (The) also saw unusually large options trading on Monday. Traders bought 15,421 call options on the company. This is an increase of 319% compared to the typical daily volume of 3,678 call options.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings results on Friday, August 18th. The company reported $0.51 EPS for the quarter, topping the Zacks’ consensus estimate of $0.43 by $0.08. The company had revenue of $2.89 billion for the quarter, compared to analysts’ expectations of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.43 EPS. Equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.29%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 40.60%.

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Institutional investors have recently added to or reduced their stakes in the stock. Canada Pension Plan Investment Board increased its position in shares of Estee Lauder Companies, Inc. (The) by 5.7% in the first quarter. Canada Pension Plan Investment Board now owns 527,218 shares of the company’s stock valued at $44,703,000 after buying an additional 28,195 shares during the period. Sumitomo Mitsui Asset Management Company LTD increased its position in Estee Lauder Companies, Inc. (The) by 11.0% in the first quarter. Sumitomo Mitsui Asset Management Company LTD now owns 18,514 shares of the company’s stock worth $1,569,000 after buying an additional 1,838 shares during the last quarter. Wetherby Asset Management Inc. increased its position in Estee Lauder Companies, Inc. (The) by 5.4% in the first quarter. Wetherby Asset Management Inc. now owns 2,983 shares of the company’s stock worth $253,000 after buying an additional 152 shares during the last quarter. Alerus Financial NA purchased a new position in Estee Lauder Companies, Inc. (The) during the first quarter worth about $1,635,000. Finally, DUPONT CAPITAL MANAGEMENT Corp purchased a new position in Estee Lauder Companies, Inc. (The) during the first quarter worth about $5,713,000. 54.62% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have commented on EL. Piper Jaffray Companies reiterated an “overweight” rating and issued a $112.00 price target (up previously from $95.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Monday, August 21st. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and issued a $110.00 price target (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, August 10th. Jefferies Group LLC reiterated a “buy” rating and issued a $112.00 price target (up previously from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Monday, August 21st. Wells Fargo & Company reiterated a “buy” rating and issued a $112.00 price target on shares of Estee Lauder Companies, Inc. (The) in a research note on Friday, August 11th. Finally, BMO Capital Markets upgraded shares of Estee Lauder Companies, Inc. (The) from an “underperform” rating to a “market perform” rating and increased their price target for the company from $83.00 to $107.00 in a research note on Monday, August 21st. One research analyst has rated the stock with a sell rating, four have issued a hold rating, nineteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $108.15.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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