The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Barry Sternlicht sold 4,697 shares of the business's stock in a transaction that occurred on Friday, November 6th. The shares were sold at an average price of $108.63, for a total transaction of $510,235.11. Following the completion of the sale, the director directly owned 34,812 shares in the company, valued at approximately $3,781,627.56. This trade represents a 11.89% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Estee Lauder Companies Price Performance
EL opened at $110.22 on Friday. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The company's 50-day simple moving average is $100.73 and its two-hundred day simple moving average is $91.73. The stock has a market capitalization of $39.88 billion, a P/E ratio of 110.22, a P/E/G ratio of 1.51 and a beta of 1.23. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.90 and a current ratio of 1.25.
Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings results on Monday, November 2nd. The company reported $0.72 EPS for the quarter, topping analysts' consensus estimates of $0.51 by $0.21. Estee Lauder Companies had a net margin of 2.41% and a return on equity of 26.99%. The firm had revenue of $3.72 billion during the quarter, compared to analysts' expectations of $3.65 billion. During the same period in the previous year, the company earned $0.32 EPS. The firm's revenue for the quarter was up 6.7% compared to the same quarter last year. As a group, analysts predict that The Estee Lauder Companies Inc. will post 3.43 EPS for the current year.
Estee Lauder Companies Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, November 30th. Estee Lauder Companies's payout ratio is presently 140.00%.
Institutional Trading of Estee Lauder Companies
Several large investors have recently added to or reduced their stakes in EL. Allworth Financial LP increased its holdings in Estee Lauder Companies by 11.3% during the 3rd quarter. Allworth Financial LP now owns 2,098 shares of the company's stock worth $195,000 after purchasing an additional 213 shares during the period. Legacy Trust lifted its holdings in shares of Estee Lauder Companies by 1.1% in the 3rd quarter. Legacy Trust now owns 29,132 shares of the company's stock worth $2,703,000 after acquiring an additional 304 shares during the last quarter. Fifth Third Bancorp raised its holdings in Estee Lauder Companies by 1.6% in the third quarter. Fifth Third Bancorp now owns 39,061 shares of the company's stock valued at $3,624,000 after acquiring an additional 633 shares in the last quarter. King Luther Capital Management Corp grew its position in shares of Estee Lauder Companies by 0.9% during the third quarter. King Luther Capital Management Corp now owns 38,621 shares of the company's stock worth $3,583,000 after acquiring an additional 348 shares during the last quarter. Finally, Maryland State Retirement & Pension System increased its holdings in Estee Lauder Companies by 16.8% in the third quarter. Maryland State Retirement & Pension System now owns 15,304 shares of the company's stock valued at $1,420,000 after buying an additional 2,204 shares in the last quarter. 55.15% of the stock is currently owned by institutional investors.
Key Headlines Impacting Estee Lauder Companies
Here are the key news stories impacting Estee Lauder Companies this week:
- Positive Sentiment: Estée Lauder unveiled its “Mastering Skin Longevity” scientific research platform at an expo in China. The initiative may help differentiate its skincare products and support future innovation, though no near-term revenue contribution was announced. Estée Lauder launches skin longevity research platform at China expo
- Positive Sentiment: The company’s fiscal 2030 roadmap targets stronger sales, higher margins, and double-digit earnings growth, supported by product innovation and operating efficiencies. Progress toward these goals could improve the long-term outlook, but delivery remains uncertain. EL's Fiscal 2030 Roadmap Targets Stronger Growth & Higher Margins
- Negative Sentiment: Director Barry Sternlicht sold 4,697 shares, reducing his position by about 11.9%. Insider sales can weigh on sentiment, though the transaction alone does not establish a change in the company’s outlook. SEC filing for director share sale
Wall Street Analysts Forecast Growth
Several brokerages have recently weighed in on EL. UBS Group raised their target price on Estee Lauder Companies from $104.00 to $112.00 and gave the company a "neutral" rating in a research note on Tuesday. Raymond James Financial upped their price objective on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the company a "strong-buy" rating in a research report on Thursday, August 20th. Wall Street Zen raised shares of Estee Lauder Companies from a "hold" rating to a "buy" rating in a research note on Saturday. Argus raised their price target on Estee Lauder Companies from $100.00 to $125.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Finally, HSBC boosted their price objective on shares of Estee Lauder Companies from $87.00 to $95.00 and gave the stock a "hold" rating in a research note on Thursday, August 20th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $110.31.
Get Our Latest Analysis on Estee Lauder Companies
About Estee Lauder Companies
(
Get Free Report)
The Estée Lauder Companies Inc is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London.
The company's products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.
The Estée Lauder Companies serves customers in more than 150 countries and territories.
Further Reading
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