Key Points
- Director Charlene Barshefsky sold 3,775 Estée Lauder shares at an average price of $98.82, generating $373,045.50. Her remaining stake fell 6.9% to 50,971 shares.
- Estée Lauder reported quarterly earnings of $0.39 per share, beating estimates by $0.07, while revenue rose 6.3% year over year to $3.64 billion.
- Shares opened at $96.38, and analysts maintain a consensus “Hold” rating with an average price target of $104.67; the company also declared a quarterly dividend of $0.35 per share.
The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Charlene Barshefsky sold 3,775 shares of the firm's stock in a transaction dated Wednesday, September 9th. The shares were sold at an average price of $98.82, for a total value of $373,045.50. Following the completion of the sale, the director directly owned 50,971 shares in the company, valued at approximately $5,036,954.22. The trade was a 6.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Estee Lauder Companies Stock Down 2.4%
Shares of NYSE EL opened at $96.38 on Friday. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64. The company has a current ratio of 1.22, a quick ratio of 0.90 and a debt-to-equity ratio of 1.79. The firm has a market capitalization of $34.87 billion, a price-to-earnings ratio of 196.70, a PEG ratio of 1.14 and a beta of 1.28. The business has a 50-day moving average of $90.07 and a 200-day moving average of $85.87.
Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. The business had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. Estee Lauder Companies's quarterly revenue was up 6.3% on a year-over-year basis. During the same period last year, the firm posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.
Estee Lauder Companies Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. Estee Lauder Companies's dividend payout ratio is presently 285.71%.
Wall Street Analyst Weigh In
EL has been the subject of a number of research analyst reports. Sanford C. Bernstein started coverage on shares of Estee Lauder Companies in a report on Friday, June 12th. They set a "market perform" rating and a $82.00 price objective for the company. Morgan Stanley increased their target price on Estee Lauder Companies from $90.00 to $102.00 and gave the company an "equal weight" rating in a research note on Thursday, August 20th. Barclays raised their price target on Estee Lauder Companies from $80.00 to $97.00 and gave the company an "equal weight" rating in a research report on Friday, August 21st. Zacks Research cut Estee Lauder Companies from a "strong-buy" rating to a "hold" rating in a report on Friday, July 10th. Finally, UBS Group upped their price objective on Estee Lauder Companies from $86.00 to $106.00 and gave the stock a "neutral" rating in a report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $104.67.
View Our Latest Stock Analysis on EL
Institutional Investors Weigh In On Estee Lauder Companies
Institutional investors have recently made changes to their positions in the business. New Mexico Educational Retirement Board boosted its position in shares of Estee Lauder Companies by 0.9% during the 4th quarter. New Mexico Educational Retirement Board now owns 10,724 shares of the company's stock worth $1,123,000 after purchasing an additional 100 shares in the last quarter. IFP Advisors Inc increased its holdings in shares of Estee Lauder Companies by 35.2% in the 2nd quarter. IFP Advisors Inc now owns 415 shares of the company's stock valued at $33,000 after purchasing an additional 108 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Estee Lauder Companies by 6.6% in the 4th quarter. Allworth Financial LP now owns 1,789 shares of the company's stock valued at $187,000 after purchasing an additional 110 shares in the last quarter. Parkside Financial Bank & Trust lifted its stake in shares of Estee Lauder Companies by 17.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 743 shares of the company's stock valued at $78,000 after purchasing an additional 113 shares during the period. Finally, Valeo Financial Advisors LLC lifted its stake in shares of Estee Lauder Companies by 4.4% in the fourth quarter. Valeo Financial Advisors LLC now owns 2,806 shares of the company's stock valued at $294,000 after purchasing an additional 117 shares during the period. Hedge funds and other institutional investors own 55.15% of the company's stock.
About Estee Lauder Companies
(
Get Free Report)
The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.
Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.
Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.
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