Key Points
- Director Paul Fribourg sold 58,000 Estée Lauder shares at an average price of $98.17, generating approximately $5.69 million. His remaining stake fell 12.2% to 417,300 shares.
- Estée Lauder reported quarterly earnings of $0.39 per share and revenue of $3.64 billion, exceeding analyst estimates; revenue increased 6.3% year over year.
- The stock opened at $96.08, while analysts maintained a consensus “Hold” rating with an average price target of $104.67. The company also pays a quarterly dividend of $0.35 per share, yielding about 1.5% annually.
The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Paul Fribourg sold 58,000 shares of the stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $98.17, for a total transaction of $5,693,860.00. Following the completion of the transaction, the director directly owned 417,300 shares in the company, valued at approximately $40,966,341. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Estee Lauder Companies Trading Down 2.2%
Shares of NYSE:EL opened at $96.08 on Wednesday. The Estee Lauder Companies Inc. has a 12-month low of $66.22 and a 12-month high of $121.64. The stock has a market cap of $34.76 billion, a PE ratio of 196.09, a P/E/G ratio of 1.14 and a beta of 1.28. The business has a 50 day moving average of $90.83 and a 200-day moving average of $85.51. The company has a quick ratio of 0.90, a current ratio of 1.22 and a debt-to-equity ratio of 1.79.
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, topping analysts' consensus estimates of $0.32 by $0.07. The company had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm's quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities research analysts forecast that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.35 per share. The ex-dividend date was Monday, August 31st. This represents a $1.40 annualized dividend and a yield of 1.5%. Estee Lauder Companies's dividend payout ratio (DPR) is presently 285.71%.
Hedge Funds Weigh In On Estee Lauder Companies
Several hedge funds have recently bought and sold shares of EL. J. Stern & Co. LLP boosted its position in shares of Estee Lauder Companies by 4,281.3% during the 4th quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company's stock worth $4,094,761,000 after acquiring an additional 4,001,300 shares in the last quarter. Bank of America Corp DE lifted its stake in Estee Lauder Companies by 950.9% during the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company's stock worth $993,567,000 after purchasing an additional 12,526,471 shares during the last quarter. Independent Franchise Partners LLP lifted its stake in Estee Lauder Companies by 1.1% during the fourth quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company's stock worth $820,717,000 after purchasing an additional 83,857 shares during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Estee Lauder Companies by 22.7% in the 4th quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company's stock valued at $785,105,000 after purchasing an additional 1,384,678 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of Estee Lauder Companies by 5.5% in the 4th quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company's stock valued at $658,020,000 after purchasing an additional 331,530 shares in the last quarter. 55.15% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently issued reports on the stock. Citigroup boosted their target price on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the company a "buy" rating in a research report on Thursday, August 20th. Jefferies Financial Group lifted their price objective on shares of Estee Lauder Companies from $88.00 to $100.00 and gave the stock a "hold" rating in a research note on Thursday, August 20th. Wall Street Zen raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating in a report on Saturday. JPMorgan Chase & Co. lifted their price target on shares of Estee Lauder Companies from $94.00 to $112.00 and gave the company an "overweight" rating in a research report on Thursday, August 20th. Finally, Wells Fargo & Company boosted their price target on Estee Lauder Companies from $85.00 to $104.00 and gave the company an "equal weight" rating in a research note on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $104.67.
View Our Latest Analysis on Estee Lauder Companies
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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