Estee Lauder Companies Inc (NYSE:EL) Director Irvine O. Hockaday, Jr. sold 1,700 shares of the company’s stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $137.57, for a total value of $233,869.00. Following the completion of the transaction, the director now owns 15,040 shares of the company’s stock, valued at $2,069,052.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of NYSE:EL opened at $140.93 on Friday. Estee Lauder Companies Inc has a fifty-two week low of $106.00 and a fifty-two week high of $158.80. The firm has a market capitalization of $51.31 billion, a price-to-earnings ratio of 30.98, a P/E/G ratio of 2.15 and a beta of 0.63. The company has a current ratio of 1.86, a quick ratio of 1.37 and a debt-to-equity ratio of 0.71.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Monday, August 20th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.25 billion. During the same period in the prior year, the business posted $0.51 earnings per share. The business’s revenue was up 13.9% compared to the same quarter last year. research analysts predict that Estee Lauder Companies Inc will post 4.73 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 17th. Shareholders of record on Friday, August 31st will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, August 30th. Estee Lauder Companies’s dividend payout ratio (DPR) is 33.70%.

A number of research analysts recently commented on EL shares. Citigroup cut their target price on Estee Lauder Companies from $158.00 to $149.00 and set a “neutral” rating for the company 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. 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. Morgan Stanley lowered Estee Lauder Companies from an “overweight” rating to an “equal weight” rating and set a $153.00 target price for the company. in a research note on Monday, June 25th. Finally, Piper Jaffray Companies upped their target price on Estee Lauder Companies from $149.00 to $162.00 and gave the company an “overweight” rating in a research note on Monday, June 18th. Five equities research analysts have rated the stock with a hold rating and twenty-one have assigned a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $146.34.

A number of large investors have recently made changes to their positions in the business. Asset Management One Co. Ltd. grew its holdings in shares of Estee Lauder Companies by 3.9% during the first quarter. Asset Management One Co. Ltd. now owns 369,788 shares of the company’s stock worth $55,364,000 after purchasing an additional 13,855 shares during the last quarter. 180 Wealth Advisors LLC grew its holdings in shares of Estee Lauder Companies by 45.6% during the second quarter. 180 Wealth Advisors LLC now owns 3,926 shares of the company’s stock worth $560,000 after purchasing an additional 1,229 shares during the last quarter. Twin Tree Management LP grew its holdings in shares of Estee Lauder Companies by 169.0% during the second quarter. Twin Tree Management LP now owns 31,797 shares of the company’s stock worth $4,537,000 after purchasing an additional 19,975 shares during the last quarter. NN Investment Partners Holdings N.V. grew its holdings in shares of Estee Lauder Companies by 34.0% during the second quarter. NN Investment Partners Holdings N.V. now owns 113,117 shares of the company’s stock worth $16,141,000 after purchasing an additional 28,689 shares during the last quarter. Finally, Aristotle Atlantic Partners LLC grew its holdings in shares of Estee Lauder Companies by 33.4% during the first quarter. Aristotle Atlantic Partners LLC now owns 3,064 shares of the company’s stock worth $459,000 after purchasing an additional 768 shares during the last quarter. Hedge funds and other institutional investors own 56.37% of the company’s stock.

Estee Lauder Companies Company Profile

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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