Estee Lauder Companies, Inc. (The) (NYSE:EL) EVP Michael O’hare sold 2,619 shares of Estee Lauder Companies, Inc. (The) stock in a transaction on Thursday, September 7th. The stock was sold at an average price of $108.56, for a total value of $284,318.64. Following the completion of the transaction, the executive vice president now owns 5,929 shares in the company, valued at $643,652.24. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Michael O’hare also recently made the following trade(s):

  • On Monday, August 21st, Michael O’hare sold 42,032 shares of Estee Lauder Companies, Inc. (The) stock. The shares were sold at an average price of $105.41, for a total value of $4,430,593.12.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 108.81 on Friday. The firm has a market cap of $40.04 billion, a PE ratio of 32.48 and a beta of 0.67. Estee Lauder Companies, Inc. has a 12 month low of $75.29 and a 12 month high of $108.85. The firm has a 50 day moving average price of $102.65 and a 200-day moving average price of $93.35.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last announced its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.43 by $0.08. The company had revenue of $2.89 billion during 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%. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 EPS. On average, analysts predict that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Thursday, August 31st will be issued a $0.34 dividend. This represents a $1.36 annualized dividend and a dividend yield of 1.25%. The ex-dividend date is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s payout ratio is 40.60%.

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Several hedge funds and other institutional investors have recently made changes to their positions in EL. American Beacon Advisors Inc. bought a new position in shares of Estee Lauder Companies, Inc. (The) in the 1st quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. grew its holdings in Estee Lauder Companies, Inc. (The) by 36.3% during the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock worth $110,000 after purchasing an additional 346 shares during the period. Israel Discount Bank of New York bought a new position in Estee Lauder Companies, Inc. (The) during the first quarter worth about $110,000. Acrospire Investment Management LLC grew its holdings in Estee Lauder Companies, Inc. (The) by 2,291.7% during the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock worth $110,000 after purchasing an additional 1,100 shares during the period. Finally, First Interstate Bank bought a new position in Estee Lauder Companies, Inc. (The) during the first quarter worth about $114,000. Institutional investors own 54.63% of the company’s stock.

A number of brokerages have recently weighed in on EL. Stifel Nicolaus lowered their price target on Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, June 6th. Jefferies Group LLC reiterated a “buy” rating and set a $110.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, July 6th. Oppenheimer Holdings, Inc. reiterated an “outperform” rating and set a $110.00 price target (up previously from $100.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Thursday, August 10th. Piper Jaffray Companies set a $95.00 price target on Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a report on Friday, August 18th. Finally, Argus upgraded Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $125.00 price target on the stock in a report on Tuesday, August 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eighteen have assigned a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target 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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