Estee Lauder Companies (NYSE:EL) Director Sells $5,693,860.00 in Stock

The Estee Lauder Companies Inc. (NYSE:EL) Director Paul Fribourg sold 58,000 shares of the stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $98.17, for a total value of $5,693,860.00. Following the transaction, the director owned 417,300 shares of the company’s stock, valued at $40,966,341. This represents a 12.20% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Estee Lauder Companies Price Performance

Shares of Estee Lauder Companies stock traded down $2.14 during trading hours on Tuesday, reaching $96.08. The company’s stock had a trading volume of 1,942,317 shares, compared to its average volume of 3,899,674. The firm has a 50 day moving average price of $90.60 and a 200-day moving average price of $85.63. The Estee Lauder Companies Inc. has a one year low of $66.22 and a one year high of $121.64. The company has a debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90. The stock has a market cap of $34.76 billion, a P/E ratio of 196.09, a P/E/G ratio of 1.13 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last announced its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a net margin of 1.21% and a return on equity of 23.52%. The firm had revenue of $3.64 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same quarter last year, the firm earned $0.09 EPS. The firm’s revenue for the quarter was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, analysts predict that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 285.71%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Wells Fargo & Company boosted their target price on Estee Lauder Companies from $85.00 to $104.00 and gave the company an “equal weight” rating in a research report on Thursday, August 20th. China Intl Cap raised shares of Estee Lauder Companies to a “strong-buy” rating in a research note on Sunday, August 30th. Weiss Ratings upgraded shares of Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, August 21st. Telsey Advisory Group increased their target price on shares of Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a research note on Thursday, August 20th. Finally, Zacks Research lowered shares of Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. Two investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $104.67.

Institutional Trading of Estee Lauder Companies

Hedge funds and other institutional investors have recently bought and sold shares of the business. Tidal Investments LLC grew its holdings in shares of Estee Lauder Companies by 24.9% in the second quarter. Tidal Investments LLC now owns 1,137,758 shares of the company’s stock worth $89,826,000 after purchasing an additional 226,888 shares during the last quarter. Engineers Gate Manager LP lifted its holdings in Estee Lauder Companies by 104.0% during the 2nd quarter. Engineers Gate Manager LP now owns 77,397 shares of the company’s stock valued at $6,110,000 after buying an additional 39,457 shares in the last quarter. Cidel Asset Management Inc. purchased a new stake in Estee Lauder Companies in the 2nd quarter valued at about $205,000. Integrated Wealth Concepts LLC boosted its position in Estee Lauder Companies by 348.3% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 14,791 shares of the company’s stock valued at $1,168,000 after buying an additional 11,492 shares during the period. Finally, NewEdge Advisors LLC boosted its position in Estee Lauder Companies by 60.8% in the 2nd quarter. NewEdge Advisors LLC now owns 13,389 shares of the company’s stock valued at $1,057,000 after buying an additional 5,065 shares during the period. Hedge funds and other institutional investors own 55.15% of the company’s stock.

About Estee Lauder Companies

The Estée Lauder Companies Inc is a global beauty company that develops, manufactures and markets prestige skincare, makeup, fragrance and hair-care products. Its portfolio includes Estée Lauder, Clinique, M·A·C, Bobbi Brown Cosmetics, La Mer, Jo Malone London, Aveda, Tom Ford Beauty and The Ordinary, among other brands.

Founded in 1946 by Estée and Joseph Lauder, the company began with four skincare products and has expanded into a broad international beauty business. Its products are sold through department and specialty stores, freestanding stores, e-commerce platforms, travel retail locations and other distribution channels.

Estée Lauder Companies serves consumers in markets around the world, including North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa.