Macquarie started coverage on shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) in a research report report published on Friday, Marketbeat.com reports. The brokerage issued an outperform rating and a $124.00 price objective on the stock.

EL has been the topic of a number of other reports. Zacks Investment Research downgraded shares of Estee Lauder Companies, Inc. (The) from a buy rating to a hold rating in a research report on Monday, August 21st. Jefferies Group LLC boosted their target price on shares of Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a hold rating in a report on Thursday, September 7th. Royal Bank Of Canada restated 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 upgraded shares of Estee Lauder Companies, Inc. (The) from an underperform rating to a market perform rating and boosted their target price for the company from $83.00 to $107.00 in a report on Monday, August 21st. Finally, Deutsche Bank AG boosted their target price on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the company a buy rating in a report on Monday, August 21st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of Buy and an average price target of $109.39.

Estee Lauder Companies, Inc. (NYSE EL) opened at 110.27 on Friday. The company’s 50-day moving average is $104.52 and its 200 day moving average is $94.62. The company has a market capitalization of $40.57 billion, a price-to-earnings ratio of 32.92 and a beta of 0.67. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $110.99.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last issued its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.43 by $0.08. The business had revenue of $2.89 billion for the quarter, compared to the consensus estimate 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 company’s quarterly 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. On average, analysts forecast that Estee Lauder Companies, Inc. will post $3.97 EPS for the current fiscal year.

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The company also recently announced a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 31st were issued a $0.34 dividend. This represents a $1.36 annualized dividend and a yield of 1.23%. The ex-dividend date of this dividend was Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is 40.60%.

In other Estee Lauder Companies, Inc. (The) news, insider Fabrizio Freda sold 14,724 shares of the company’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of $108.39, for a total value of $1,595,934.36. Following the completion of the transaction, the insider now directly owns 73,174 shares in the company, valued at approximately $7,931,329.86. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Barry S. Sternlicht sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, August 21st. The stock was sold at an average price of $106.30, for a total value of $1,063,000.00. Following the completion of the transaction, the director now owns 40,982 shares of the company’s stock, valued at $4,356,386.60. The disclosure for this sale can be found here. Insiders sold a total of 568,791 shares of company stock valued at $60,070,365 over the last 90 days. 16.98% of the stock is currently owned by corporate insiders.

A number of hedge funds have recently bought and sold shares of the business. W. E. Donoghue & Co. LLC bought a new position in shares of Estee Lauder Companies, Inc. (The) during the 2nd quarter valued at approximately $2,203,000. Regents of The University of California bought a new position in shares of Estee Lauder Companies, Inc. (The) during the 2nd quarter valued at approximately $3,206,000. Toronto Dominion Bank boosted its position in shares of Estee Lauder Companies, Inc. (The) by 26.4% during the 2nd quarter. Toronto Dominion Bank now owns 75,819 shares of the company’s stock valued at $7,276,000 after acquiring an additional 15,840 shares during the last quarter. Archford Capital Strategies LLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 11,775.0% during the 2nd quarter. Archford Capital Strategies LLC now owns 6,650 shares of the company’s stock valued at $256,000 after acquiring an additional 6,594 shares during the last quarter. Finally, Advisory Services Network LLC boosted its position in shares of Estee Lauder Companies, Inc. (The) by 213.2% during the 2nd quarter. Advisory Services Network LLC now owns 6,424 shares of the company’s stock valued at $617,000 after acquiring an additional 4,373 shares during the last quarter. Institutional investors and hedge funds own 54.60% of the company’s stock.

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.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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