Estee Lauder Companies, Inc. (The) (NYSE:EL) insider Fabrizio Freda sold 13,371 shares of the stock in a transaction dated Monday, August 28th. The shares were sold at an average price of $105.64, for a total value of $1,412,512.44. Following the completion of the transaction, the insider now directly owns 83,845 shares of the company’s stock, valued at approximately $8,857,385.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Fabrizio Freda also recently made the following trade(s):

  • On Tuesday, August 22nd, Fabrizio Freda sold 300,000 shares of Estee Lauder Companies, Inc. (The) stock. The shares were sold at an average price of $105.77, for a total value of $31,731,000.00.
  • On Thursday, July 6th, Fabrizio Freda sold 15,880 shares of Estee Lauder Companies, Inc. (The) stock. The shares were sold at an average price of $95.08, for a total value of $1,509,870.40.

Shares of Estee Lauder Companies, Inc. (EL) opened at 105.66 on Thursday. The company has a 50-day moving average price of $99.47 and a 200 day moving average price of $91.81. The firm has a market capitalization of $38.88 billion, a PE ratio of 31.54 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. Estee Lauder Companies, Inc. (The) also was the target of unusually large options trading activity on Monday. Traders purchased 15,421 call options on the stock. This represents an increase of approximately 319% compared to the average 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 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.08. The business had revenue of $2.89 billion for the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter last year, the business posted $0.43 EPS. Analysts expect that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

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

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Hedge funds have recently modified their holdings of the stock. Acrospire Investment Management LLC raised its stake in shares of Estee Lauder Companies, Inc. (The) by 2,291.7% in the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock worth $110,000 after buying an additional 1,100 shares in the last quarter. American Beacon Advisors Inc. bought a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth $100,000. Bronfman E.L. Rothschild L.P. raised its stake in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock worth $110,000 after buying an additional 346 shares in the last quarter. Israel Discount Bank of New York bought a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth $110,000. Finally, First Interstate Bank bought a new stake in shares of Estee Lauder Companies, Inc. (The) during the first quarter worth $114,000. Hedge funds and other institutional investors own 54.62% of the company’s stock.

A number of brokerages recently commented on EL. Zacks Investment Research downgraded Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 21st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, May 31st. BMO Capital Markets raised Estee Lauder Companies, Inc. (The) from an “underperform” rating to a “market perform” rating and increased their target price for the stock from $83.00 to $107.00 in a report on Monday, August 21st. Deutsche Bank AG increased their target price on Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a “buy” rating in a report on Monday, August 21st. Finally, BidaskClub downgraded Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. One analyst has rated the stock with a sell rating, four have issued a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently 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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