Estee Lauder Companies, Inc. (The) (NYSE:EL)‘s stock had its “buy” rating restated by equities research analysts at Wells Fargo & Company in a report issued on Friday. They currently have a $112.00 price objective on the stock. Wells Fargo & Company’s price target would suggest a potential upside of 10.14% from the stock’s previous close.

EL has been the topic of a number of other research reports. Royal Bank Of Canada reiterated a “buy” rating and issued a $100.00 target price on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, May 31st. BidaskClub downgraded Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Wednesday, July 12th. Deutsche Bank AG reiterated a “buy” rating and issued a $108.00 target price (up previously from $102.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Saturday, July 22nd. Jefferies Group LLC reiterated a “hold” rating and issued a $91.00 target price (up previously from $87.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Tuesday, April 18th. Finally, Stifel Nicolaus dropped their price objective on Estee Lauder Companies, Inc. (The) from $108.00 to $98.00 and set a “buy” rating on the stock in a report on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, five have given a hold rating and sixteen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $100.03.

Estee Lauder Companies, Inc. (NYSE EL) traded down 1.17% during midday trading on Friday, reaching $100.50. 1,796,473 shares of the company were exchanged. Estee Lauder Companies, Inc. has a 52-week low of $75.30 and a 52-week high of $104.50. The stock has a market capitalization of $36.97 billion, a price-to-earnings ratio of 33.68 and a beta of 0.72. The firm’s 50-day moving average price is $97.36 and its 200 day moving average price is $90.09.

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In other news, Director Charlene Barshefsky sold 2,383 shares of the stock in a transaction that occurred on Monday, May 22nd. The stock was sold at an average price of $92.98, for a total value of $221,571.34. Following the completion of the sale, the director now directly owns 4,000 shares of the company’s stock, valued at $371,920. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Ronald S. Foundation Lauder sold 16,667 shares of the stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $92.31, for a total value of $1,538,530.77. Following the completion of the sale, the insider now directly owns 83,638 shares of the company’s stock, valued at $7,720,623.78. The disclosure for this sale can be found here. In the last quarter, insiders have sold 86,318 shares of company stock worth $8,291,130. Corporate insiders own 16.98% of the company’s stock.

Several large investors have recently bought and sold shares of EL. Lazard Asset Management LLC boosted its stake in Estee Lauder Companies, Inc. (The) by 7,731.6% in the second quarter. Lazard Asset Management LLC now owns 76,201 shares of the company’s stock valued at $7,313,000 after buying an additional 75,228 shares in the last quarter. Mutual of America Capital Management LLC boosted its stake in Estee Lauder Companies, Inc. (The) by 5.2% in the second quarter. Mutual of America Capital Management LLC now owns 27,342 shares of the company’s stock valued at $2,624,000 after buying an additional 1,340 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Estee Lauder Companies, Inc. (The) by 7.6% in the second quarter. New York State Common Retirement Fund now owns 679,198 shares of the company’s stock valued at $65,189,000 after buying an additional 48,197 shares in the last quarter. Columbia Partners L L C Investment Management acquired a new stake in Estee Lauder Companies, Inc. (The) during the second quarter valued at $3,908,000. Finally, Acrospire Investment Management LLC boosted its stake in Estee Lauder Companies, Inc. (The) by 2,291.7% in the second quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock valued at $110,000 after buying an additional 1,100 shares in the last quarter. 54.73% of the stock is owned by institutional investors.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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