Estee Lauder Companies, Inc. (The) (NYSE:EL) EVP Gregory Polcer sold 2,730 shares of the company’s stock in a transaction dated Friday, September 22nd. The stock was sold at an average price of $108.11, for a total transaction of $295,140.30. Following the transaction, the executive vice president now owns 70,309 shares in the company, valued at $7,601,105.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Estee Lauder Companies, Inc. (NYSE EL) traded up 0.44% during trading on Monday, reaching $108.05. 739,668 shares of the company’s stock were exchanged. The company’s 50 day moving average price is $104.85 and its 200-day moving average price is $94.82. The stock has a market capitalization of $39.76 billion, a price-to-earnings ratio of 32.25 and a beta of 0.67. Estee Lauder Companies, Inc. has a 52 week low of $75.30 and a 52 week high of $110.99.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings results on Friday, August 18th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.43 by $0.08. The business had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.86 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The firm’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the company posted $0.43 earnings per share. On average, equities analysts expect that Estee Lauder Companies, Inc. will post $3.97 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Investors of record on Thursday, August 31st were issued a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 1.26%. The ex-dividend date of this dividend was Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio is currently 40.60%.

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EL has been the topic of several recent analyst reports. Telsey Advisory Group upped their target price on shares of Estee Lauder Companies, Inc. (The) from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 15th. Jefferies Group LLC upgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “buy” rating and set a $110.00 target price on the stock in a research report on Friday, June 2nd. Wells Fargo & Company restated an “outperform” rating and set a $106.00 target price (up from $103.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Saturday, July 22nd. Sanford C. Bernstein restated an “outperform” rating and set a $117.00 target price on shares of Estee Lauder Companies, Inc. (The) in a research report on Tuesday, August 29th. Finally, Deutsche Bank AG upped their target price on shares of Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a “buy” rating in a research report on Monday, August 21st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, nineteen have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) presently has an average rating of “Buy” and a consensus target price of $110.28.

Several hedge funds have recently bought and sold shares of EL. American Beacon Advisors Inc. acquired a new stake in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $100,000. Israel Discount Bank of New York acquired a new stake in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $110,000. Acrospire Investment Management LLC lifted 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 acquiring an additional 1,100 shares during the last quarter. First Interstate Bank acquired a new stake in Estee Lauder Companies, Inc. (The) in the first quarter valued at approximately $114,000. Finally, Shine Investment Advisory Services Inc. acquired a new stake in Estee Lauder Companies, Inc. (The) in the second quarter valued at approximately $147,000. Institutional investors and hedge funds own 54.58% of the company’s stock.

About Estee Lauder Companies, Inc. (The)

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.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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