Estee Lauder Companies, Inc. (The) (NYSE:EL) insider John Demsey sold 8,048 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of $107.87, for a total transaction of $868,137.76. Following the completion of the transaction, the insider now owns 18,217 shares in the company, valued at $1,965,067.79. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

John Demsey also recently made the following trade(s):

  • On Wednesday, June 14th, John Demsey sold 27,524 shares of Estee Lauder Companies, Inc. (The) stock. The shares were sold at an average price of $97.00, for a total transaction of $2,669,828.00.

Shares of Estee Lauder Companies, Inc. (EL) traded up 0.54% on Friday, reaching $108.81. 1,387,934 shares of the company were exchanged. The firm has a market capitalization of $40.04 billion, a PE ratio of 32.48 and a beta of 0.67. The stock’s 50-day moving average is $102.32 and its 200 day moving average is $93.24. Estee Lauder Companies, Inc. has a 12-month low of $75.29 and a 12-month high of $108.85.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its 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 during the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 32.38% and a net margin of 10.56%. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.43 earnings per share. On average, analysts forecast that Estee Lauder Companies, Inc. will post $3.97 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 15th. Shareholders of record on Thursday, August 31st will be paid a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.25%. 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 and hedge funds have recently modified their holdings of the business. Lloyds Banking Group plc lifted its position in Estee Lauder Companies, Inc. (The) by 1.4% in the second quarter. Lloyds Banking Group plc now owns 1,887 shares of the company’s stock valued at $181,000 after purchasing an additional 26 shares during the last quarter. Moors & Cabot Inc. lifted its position in Estee Lauder Companies, Inc. (The) by 1.1% in the second quarter. Moors & Cabot Inc. now owns 3,825 shares of the company’s stock valued at $365,000 after purchasing an additional 40 shares during the last quarter. Glenview Trust Co lifted its position in Estee Lauder Companies, Inc. (The) by 1.5% in the second quarter. Glenview Trust Co now owns 2,744 shares of the company’s stock valued at $263,000 after purchasing an additional 41 shares during the last quarter. Cadence Capital Management LLC lifted its position in Estee Lauder Companies, Inc. (The) by 0.7% in the second quarter. Cadence Capital Management LLC now owns 5,662 shares of the company’s stock valued at $543,000 after purchasing an additional 42 shares during the last quarter. Finally, Williams Jones & Associates LLC lifted its position in Estee Lauder Companies, Inc. (The) by 0.7% in the second quarter. Williams Jones & Associates LLC now owns 6,865 shares of the company’s stock valued at $659,000 after purchasing an additional 45 shares during the last quarter. 54.63% of the stock is owned by institutional investors and hedge funds.

A number of equities research analysts have issued reports on the stock. Jefferies Group LLC increased their price objective on shares of Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the stock a “hold” rating in a research note on Thursday. Morgan Stanley reiterated an “overweight” rating and set a $122.00 price objective (up from $106.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Tuesday, August 22nd. Argus upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price objective on the stock in a research note on Tuesday, August 22nd. Zacks Investment Research upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “strong-buy” rating and set a $122.00 price objective on the stock in a research note on Tuesday, August 22nd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $117.00 price objective on shares of Estee Lauder Companies, Inc. (The) in a research note on Tuesday, August 29th. One research analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $108.59.

About Estee Lauder Companies, Inc. (The)

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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