Estee Lauder Companies Inc (NYSE:EL) EVP Michael O’hare sold 26,203 shares of Estee Lauder Companies stock in a transaction dated Monday, February 5th. The shares were sold at an average price of $133.40, for a total value of $3,495,480.20. Following the completion of the transaction, the executive vice president now directly owns 7,583 shares of the company’s stock, valued at $1,011,572.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Estee Lauder Companies Inc (EL) opened at $134.71 on Thursday. The company has a market capitalization of $49,454.09, a P/E ratio of 46.77, a price-to-earnings-growth ratio of 2.46 and a beta of 0.74. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.33. Estee Lauder Companies Inc has a 12 month low of $81.69 and a 12 month high of $138.74.

Estee Lauder Companies (NYSE:EL) last released its earnings results on Friday, February 2nd. The company reported $1.52 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.44 by $0.08. The firm had revenue of $3.74 billion for the quarter, compared to analysts’ expectations of $3.68 billion. Estee Lauder Companies had a return on equity of 34.86% and a net margin of 8.43%. The business’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.22 EPS. equities research analysts expect that Estee Lauder Companies Inc will post 4.35 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Shareholders of record on Wednesday, February 28th will be paid a $0.38 dividend. This represents a $1.52 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend is Tuesday, February 27th. Estee Lauder Companies’s payout ratio is 52.78%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. First Republic Investment Management Inc. lifted its stake in Estee Lauder Companies by 107.3% in the 3rd quarter. First Republic Investment Management Inc. now owns 30,303 shares of the company’s stock valued at $3,268,000 after acquiring an additional 15,684 shares in the last quarter. Clinton Group Inc. bought a new stake in shares of Estee Lauder Companies during the 2nd quarter worth approximately $529,000. Caisse DE Depot ET Placement DU Quebec raised its stake in shares of Estee Lauder Companies by 7.3% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 23,579 shares of the company’s stock worth $2,553,000 after purchasing an additional 1,600 shares in the last quarter. Investec Asset Management LTD raised its stake in shares of Estee Lauder Companies by 931.2% during the 3rd quarter. Investec Asset Management LTD now owns 1,040,505 shares of the company’s stock worth $112,208,000 after purchasing an additional 939,600 shares in the last quarter. Finally, Hartford Investment Management Co. raised its stake in shares of Estee Lauder Companies by 3.0% during the 3rd quarter. Hartford Investment Management Co. now owns 50,131 shares of the company’s stock worth $5,406,000 after purchasing an additional 1,473 shares in the last quarter. Hedge funds and other institutional investors own 54.40% of the company’s stock.

A number of research analysts recently issued reports on EL shares. Argus lifted their price target on Estee Lauder Companies from $125.00 to $142.00 and gave the company a “buy” rating in a report on Thursday, November 2nd. Royal Bank of Canada set a $115.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a report on Monday, October 23rd. Stifel Nicolaus boosted their price objective on Estee Lauder Companies from $114.00 to $121.00 and gave the stock a “buy” rating in a report on Thursday, October 19th. KeyCorp set a $115.00 price objective on Estee Lauder Companies and gave the stock a “buy” rating in a report on Monday, October 16th. Finally, Bank of America boosted their price objective on Estee Lauder Companies from $115.00 to $122.00 and gave the stock a “buy” rating in a report on Friday, October 13th. Six research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $126.96.

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Estee Lauder Companies 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.

Insider Buying and Selling by Quarter for Estee Lauder Companies (NYSE:EL)

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