Estee Lauder Companies Inc (EL) CFO Sells $700,550.00 in Stock

Estee Lauder Companies Inc (NYSE:EL) CFO Tracey Thomas Travis sold 5,000 shares of the firm’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $140.11, for a total transaction of $700,550.00. Following the completion of the sale, the chief financial officer now owns 19,467 shares in the company, valued at approximately $2,727,521.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Tracey Thomas Travis also recently made the following trade(s):

  • On Tuesday, February 13th, Tracey Thomas Travis sold 5,000 shares of Estee Lauder Companies stock. The stock was sold at an average price of $137.02, for a total transaction of $685,100.00.

Estee Lauder Companies Inc (EL) traded down $1.69 on Tuesday, reaching $139.35. 1,391,457 shares of the company’s stock were exchanged, compared to its average volume of 1,877,746. Estee Lauder Companies Inc has a 1 year low of $81.69 and a 1 year high of $141.67. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.76 and a quick ratio of 1.33. The firm has a market capitalization of $51,310.00, a P/E ratio of 48.39, a P/E/G ratio of 2.50 and a beta of 0.74.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings results on Friday, February 2nd. The company reported $1.52 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.44 by $0.08. Estee Lauder Companies had a net margin of 8.43% and a return on equity of 34.86%. The firm had revenue of $3.74 billion for the quarter, compared to the consensus estimate of $3.68 billion. During the same quarter in the previous year, the company earned $1.22 earnings per share. The business’s revenue was up 16.7% compared to the same quarter last year. analysts forecast that Estee Lauder Companies Inc will post 4.36 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Stockholders of record on Wednesday, February 28th will be paid a $0.38 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.52 annualized dividend and a dividend yield of 1.09%. Estee Lauder Companies’s dividend payout ratio is presently 52.78%.

Several large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of Estee Lauder Companies by 6.4% in the 4th quarter. BlackRock Inc. now owns 15,790,395 shares of the company’s stock valued at $2,009,170,000 after purchasing an additional 944,997 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Estee Lauder Companies by 54.7% in the 4th quarter. Jennison Associates LLC now owns 9,533,553 shares of the company’s stock valued at $1,213,049,000 after purchasing an additional 3,372,279 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of Estee Lauder Companies by 7.8% in the 4th quarter. Wells Fargo & Company MN now owns 2,627,132 shares of the company’s stock valued at $334,276,000 after purchasing an additional 190,584 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Estee Lauder Companies by 4.7% in the 4th quarter. Geode Capital Management LLC now owns 2,426,219 shares of the company’s stock valued at $308,079,000 after purchasing an additional 108,813 shares in the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of Estee Lauder Companies by 31.9% in the 4th quarter. Acadian Asset Management LLC now owns 1,880,660 shares of the company’s stock valued at $239,297,000 after purchasing an additional 454,532 shares in the last quarter. Institutional investors own 53.84% of the company’s stock.

Several brokerages have recently issued reports on EL. Stifel Nicolaus raised their price objective on shares of Estee Lauder Companies from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday. Wells Fargo & Co restated a “buy” rating and issued a $150.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, January 31st. Zacks Investment Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $150.00 price objective on the stock in a research note on Tuesday, February 6th. Bank of America raised their price objective on shares of Estee Lauder Companies from $143.00 to $152.00 and gave the stock a “buy” rating in a research note on Monday, February 5th. Finally, Morgan Stanley raised their price objective on shares of Estee Lauder Companies from $139.00 to $147.00 and gave the stock an “overweight” rating in a research note on Monday, February 5th. Five research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $129.83.

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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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