The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) VP Lande Rashida La sold 7,766 shares of the stock in a transaction that occurred on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the transaction, the vice president owned 14,357 shares in the company, valued at approximately $1,483,365.24. The trade was a 35.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link.
Lande Rashida La also recently made the following trade(s):
- On Friday, August 21st, Lande Rashida La sold 5,564 shares of Estee Lauder Companies stock. The shares were sold at an average price of $99.55, for a total value of $553,896.20.
Estee Lauder Companies Price Performance
Shares of NYSE:EL opened at $102.44 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64. The stock's 50 day moving average is $87.02 and its 200-day moving average is $86.37. The firm has a market capitalization of $37.06 billion, a price-to-earnings ratio of 209.06, a PEG ratio of 0.97 and a beta of 1.25.
Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The company had revenue of $3.64 billion for the quarter, compared to analysts' expectations of $3.55 billion. During the same period last year, the business earned $0.09 EPS. Estee Lauder Companies's quarterly revenue was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts forecast that The Estee Lauder Companies Inc. will post 3.3 EPS for the current fiscal year.
Estee Lauder Companies Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies's dividend payout ratio (DPR) is 285.71%.
Institutional Investors Weigh In On Estee Lauder Companies
A number of hedge funds have recently made changes to their positions in the business. REAP Financial Group LLC purchased a new position in shares of Estee Lauder Companies in the 4th quarter worth about $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new stake in Estee Lauder Companies during the fourth quarter worth about $27,000. Trust Co. of Vermont bought a new stake in Estee Lauder Companies in the second quarter worth about $28,000. Kozak & Associates Inc. purchased a new position in Estee Lauder Companies in the second quarter valued at about $30,000. Finally, DV Equities LLC bought a new position in shares of Estee Lauder Companies during the 4th quarter valued at approximately $36,000. 55.15% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
EL has been the subject of several recent research reports. Barclays boosted their target price on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the stock an "equal weight" rating in a research report on Friday, August 21st. The Goldman Sachs Group raised their price target on shares of Estee Lauder Companies from $100.00 to $112.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. Royal Bank Of Canada reiterated an "outperform" rating and set a $111.00 price target on shares of Estee Lauder Companies in a research note on Monday, August 17th. Wells Fargo & Company boosted their price objective on Estee Lauder Companies from $85.00 to $104.00 and gave the stock an "equal weight" rating in a report on Thursday, August 20th. Finally, Canaccord Genuity Group increased their price objective on Estee Lauder Companies from $85.00 to $90.00 and gave the stock a "hold" rating in a research note on Thursday, August 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $104.67.
View Our Latest Analysis on EL
Estee Lauder Companies Company Profile
(
Get Free Report)
Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.
The company's portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.
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