Shares of Estee Lauder Companies Inc (NYSE:EL) hit a new 52-week high during trading on Wednesday . The stock traded as high as $139.36 and last traded at $139.34, with a volume of 784883 shares. The stock had previously closed at $137.50.

Several analysts recently commented on the company. Zacks Investment Research raised Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $150.00 price objective for the company in a report on Tuesday, February 6th. DA Davidson lifted their price objective on Estee Lauder Companies to $131.00 and gave the stock a “neutral” rating in a report on Tuesday, February 6th. Bank of America lifted their price objective on Estee Lauder Companies from $143.00 to $152.00 and gave the stock a “buy” rating in a report on Monday, February 5th. Morgan Stanley lifted their price objective on Estee Lauder Companies from $139.00 to $147.00 and gave the stock an “overweight” rating in a report on Monday, February 5th. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and issued a $145.00 price objective on shares of Estee Lauder Companies in a report on Monday, February 5th. Five analysts have rated the stock with a hold rating and nineteen have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $128.57.

The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.33 and a current ratio of 1.76. The stock has a market cap of $50,630.00, a price-to-earnings ratio of 48.07, a PEG ratio of 2.43 and a beta of 0.74.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The business had revenue of $3.74 billion during the quarter, compared to analyst estimates of $3.68 billion. During the same quarter in the previous year, the company posted $1.22 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 16.7% on a year-over-year basis. equities analysts anticipate that Estee Lauder Companies Inc will post 4.36 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.38 per share. This represents a $1.52 annualized dividend and a yield of 1.09%. The ex-dividend date of this dividend is Tuesday, February 27th. Estee Lauder Companies’s dividend payout ratio is presently 52.78%.

In other news, insider 1992 Grat Remainder Trust Fbo sold 125,000 shares of the business’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $125.87, for a total value of $15,733,750.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Richard D. Parsons sold 9,312 shares of the business’s stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $132.96, for a total value of $1,238,123.52. Following the completion of the transaction, the director now owns 4,576 shares in the company, valued at $608,424.96. The disclosure for this sale can be found here. Insiders have sold 1,390,653 shares of company stock valued at $175,112,676 in the last three months. 16.24% of the stock is currently owned by corporate insiders.

Institutional investors have recently made changes to their positions in the company. First Republic Investment Management Inc. lifted its position in shares of Estee Lauder Companies by 107.3% in the third quarter. First Republic Investment Management Inc. now owns 30,303 shares of the company’s stock valued at $3,268,000 after acquiring an additional 15,684 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Estee Lauder Companies by 7.3% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 23,579 shares of the company’s stock worth $2,553,000 after buying an additional 1,600 shares in the last quarter. Investec Asset Management LTD lifted its position in shares of Estee Lauder Companies by 931.2% in the third quarter. Investec Asset Management LTD now owns 1,040,505 shares of the company’s stock worth $112,208,000 after buying an additional 939,600 shares in the last quarter. Hartford Investment Management Co. lifted its position in shares of Estee Lauder Companies by 3.0% in the third quarter. Hartford Investment Management Co. now owns 50,131 shares of the company’s stock worth $5,406,000 after buying an additional 1,473 shares in the last quarter. Finally, Cubist Systematic Strategies LLC lifted its position in shares of Estee Lauder Companies by 519.4% in the third quarter. Cubist Systematic Strategies LLC now owns 28,592 shares of the company’s stock worth $3,083,000 after buying an additional 23,976 shares in the last quarter. Institutional investors and hedge funds own 54.03% of the company’s stock.

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About Estee Lauder Companies

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.

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