Estee Lauder Companies Inc. (NYSE:EL) saw unusually-strong trading volume on Thursday . Approximately 1,862,667 shares traded hands during trading, an increase of 30% from the previous session’s volume of 1,428,535 shares.The stock last traded at $94.75 and had previously closed at $93.02.

Several analysts have recently weighed in on EL shares. Goldman Sachs Group Inc. restated a “neutral” rating and set a $100.00 price objective (up previously from $98.00) on shares of Estee Lauder Companies in a research report on Friday, July 15th. B. Riley reiterated a “neutral” rating and issued a $86.00 price target on shares of Estee Lauder Companies in a research report on Tuesday, May 10th. Jefferies Group reiterated a “hold” rating and issued a $98.00 price target on shares of Estee Lauder Companies in a research report on Thursday, July 14th. Vetr downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $100.50 price target for the company. in a research report on Friday, April 29th. Finally, Zacks Investment Research downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Tuesday, July 12th. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average target price of C$99.85.

The firm has a 50-day moving average of $93.03 and a 200 day moving average of $92.73. The company has a market cap of $33.87 billion and a price-to-earnings ratio of 29.58.

Estee Lauder Companies (NYSE:EL) last issued its quarterly earnings data on Friday, August 19th. The company reported $0.25 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by $0.15. During the same quarter in the prior year, the company posted $0.40 EPS. The company had revenue of $2.65 billion for the quarter, compared to analyst estimates of $2.66 billion. The firm’s quarterly revenue was up 5.0% on a year-over-year basis. Equities research analysts anticipate that Estee Lauder Companies Inc. will post $3.16 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Monday, August 29th.

In related news, major shareholder Lal Family Partners Lp sold 600,000 shares of Estee Lauder Companies stock in a transaction dated Tuesday, June 7th. The stock was sold at an average price of C$93.19, for a total transaction of C$55,914,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Gregory Polcer sold 15,000 shares of Estee Lauder Companies stock in a transaction dated Thursday, August 18th. The stock was sold at an average price of C$95.00, for a total value of C$1,425,000.00. Following the transaction, the executive vice president now directly owns 84,909 shares in the company, valued at C$8,066,355. The disclosure for this sale can be found here.

A number of hedge funds and institutional investors have recently added to or reduced their stakes in the company. Connor Clark & Lunn Investment Management Ltd. raised its position in Estee Lauder Companies by 57.2% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 41,500 shares of the company’s stock worth $3,654,000 after buying an additional 15,100 shares during the last quarter. Calvert Investment Management Inc. raised its position in Estee Lauder Companies by 27.1% in the fourth quarter. Calvert Investment Management Inc. now owns 21,531 shares of the company’s stock worth $1,896,000 after buying an additional 4,595 shares during the last quarter. Bridgewater Associates LP purchased a new position in Estee Lauder Companies during the fourth quarter worth about $2,222,000. KBC Group NV raised its position in Estee Lauder Companies by 14.4% in the fourth quarter. KBC Group NV now owns 61,923 shares of the company’s stock worth $5,453,000 after buying an additional 7,791 shares during the last quarter. Finally, State of Tennessee Treasury Department raised its position in Estee Lauder Companies by 51.5% in the fourth quarter. State of Tennessee Treasury Department now owns 165,176 shares of the company’s stock worth $14,546,000 after buying an additional 56,176 shares during the last quarter.

The Estee Lauder Companies Inc, is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company’s products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda.

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