The Estée Lauder Companies Inc. (NYSE:EL - Get Free Report) insider Peter Jueptner sold 12,786 shares of Estée Lauder Companies stock in a transaction on Wednesday, May 22nd. The shares were sold at an average price of $130.62, for a total transaction of $1,670,107.32. Following the transaction, the insider now owns 5,578 shares in the company, valued at approximately $728,598.36. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Estée Lauder Companies Price Performance
Shares of EL stock opened at $126.90 on Friday. The Estée Lauder Companies Inc. has a fifty-two week low of $102.22 and a fifty-two week high of $204.41. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The firm has a market capitalization of $45.50 billion, a price-to-earnings ratio of 70.88, a PEG ratio of 3.58 and a beta of 1.07. The stock's 50-day simple moving average is $141.05 and its 200-day simple moving average is $138.45.
Estée Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.49. The business had revenue of $3.94 billion for the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. Estée Lauder Companies's revenue for the quarter was up 5.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.47 EPS. As a group, equities analysts forecast that The Estée Lauder Companies Inc. will post 2.22 earnings per share for the current fiscal year.
Estée Lauder Companies Dividend Announcement
The attacks will come for me after releasing this…
From Porter & Company | Ad
America’s “Internal Enemies” Exposed
New documentary exposes a hidden election plan in Washington D.C. that, if successful, could be more financially and culturally devastating than the dot-com blowup of 2000, the 2008 financial crisis, or the COVID crash.
Click here to see how you can protect yourself today.
The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be given a dividend of $0.66 per share. This represents a $2.64 dividend on an annualized basis and a yield of 2.08%. The ex-dividend date is Friday, May 31st. Estée Lauder Companies's dividend payout ratio is presently 148.32%.
Institutional Investors Weigh In On Estée Lauder Companies
Hedge funds have recently added to or reduced their stakes in the business. Riverview Trust Co purchased a new stake in Estée Lauder Companies during the first quarter worth $26,000. Rakuten Securities Inc. purchased a new stake in Estée Lauder Companies in the 4th quarter worth $26,000. Hexagon Capital Partners LLC lifted its holdings in Estée Lauder Companies by 103.1% during the first quarter. Hexagon Capital Partners LLC now owns 195 shares of the company's stock valued at $30,000 after purchasing an additional 99 shares in the last quarter. Crewe Advisors LLC purchased a new stake in shares of Estée Lauder Companies during the first quarter worth about $35,000. Finally, Chilton Capital Management LLC boosted its stake in shares of Estée Lauder Companies by 163.0% in the first quarter. Chilton Capital Management LLC now owns 263 shares of the company's stock worth $41,000 after acquiring an additional 163 shares during the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on EL shares. Canaccord Genuity Group cut their target price on Estée Lauder Companies from $140.00 to $131.00 and set a "hold" rating for the company in a research report on Thursday, May 2nd. Telsey Advisory Group reiterated a "market perform" rating and issued a $155.00 price target on shares of Estée Lauder Companies in a report on Wednesday, May 1st. Barclays dropped their price objective on shares of Estée Lauder Companies from $150.00 to $140.00 and set an "equal weight" rating for the company in a report on Friday, May 3rd. StockNews.com raised Estée Lauder Companies from a "sell" rating to a "hold" rating in a research note on Thursday, May 2nd. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Estée Lauder Companies from $160.00 to $159.00 in a research note on Wednesday, May 1st. Sixteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $160.92.
View Our Latest Stock Report on Estée Lauder Companies
Estée Lauder Companies Company Profile
(
Get Free Report)
The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.
Further Reading
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. This story was reviewed by InsiderTrades.com's editorial team prior to publication. Please send any questions or comments about this story to [email protected].
