Estee Lauder Companies Inc (NYSE:EL) major shareholder Ronald S. Foundation Lauder sold 15,700 shares of the firm’s stock in a transaction that occurred on Thursday, September 6th. The shares were sold at an average price of $139.32, for a total value of $2,187,324.00. Following the completion of the transaction, the insider now owns 82,671 shares of the company’s stock, valued at approximately $11,517,723.72. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

EL stock traded up $0.09 on Friday, reaching $138.77. 1,590,753 shares of the company traded hands, compared to its average volume of 2,665,226. Estee Lauder Companies Inc has a one year low of $106.00 and a one year high of $158.80. The company has a quick ratio of 1.37, a current ratio of 1.86 and a debt-to-equity ratio of 0.71. The firm has a market cap of $50.92 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 2.15 and a beta of 0.63.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Monday, August 20th. The company reported $0.61 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.56 by $0.05. Estee Lauder Companies had a return on equity of 36.09% and a net margin of 8.10%. The company had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.25 billion. During the same quarter last year, the company earned $0.51 EPS. The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. research analysts expect that Estee Lauder Companies Inc will post 4.71 earnings per share for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.10%. The ex-dividend date is Thursday, August 30th. Estee Lauder Companies’s payout ratio is 33.70%.

EL has been the subject of a number of research analyst reports. Morgan Stanley raised their target price on Estee Lauder Companies from $153.00 to $162.00 and gave the company an “overweight” rating in a research note on Tuesday, May 15th. Evercore ISI initiated coverage on Estee Lauder Companies in a research note on Tuesday, May 22nd. They issued a “buy” rating and a $170.00 target price for the company. Raymond James raised their target price on Estee Lauder Companies from $145.00 to $151.00 and gave the company an “outperform” rating in a research note on Tuesday, August 21st. JPMorgan Chase & Co. set a $154.00 target price on Estee Lauder Companies and gave the company a “buy” rating in a research note on Tuesday, August 21st. Finally, Wells Fargo & Co restated a “buy” rating and issued a $168.00 target price on shares of Estee Lauder Companies in a research note on Monday, May 21st. Five analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The company has an average rating of “Buy” and an average target price of $146.34.

Several institutional investors have recently bought and sold shares of EL. CSat Investment Advisory L.P. bought a new stake in shares of Estee Lauder Companies in the 2nd quarter worth $106,000. Amussen Hunsaker Associates LLC bought a new stake in shares of Estee Lauder Companies in the 2nd quarter worth $112,000. Itau Unibanco Holding S.A. increased its holdings in shares of Estee Lauder Companies by 400.6% in the 2nd quarter. Itau Unibanco Holding S.A. now owns 796 shares of the company’s stock worth $114,000 after purchasing an additional 637 shares in the last quarter. Fort L.P. bought a new stake in shares of Estee Lauder Companies in the 2nd quarter worth $116,000. Finally, Massey Quick Simon & CO. LLC bought a new stake in shares of Estee Lauder Companies in the 2nd quarter worth $144,000. 56.33% of the stock is owned by institutional investors and hedge funds.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools.

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

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