Estee Lauder Companies (NYSE:EL) VP Lande Rashida La Sells 5,564 Shares of Stock

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 5,564 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $99.55, for a total transaction of $553,896.20. Following the completion of the transaction, the vice president owned 5,564 shares of the company’s stock, valued at approximately $553,896.20. The trade was a 50.00% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Estee Lauder Companies Stock Performance

NYSE EL opened at $104.69 on Wednesday. The company has a fifty day moving average of $85.42 and a two-hundred day moving average of $86.23. 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 Estee Lauder Companies Inc. has a 1 year low of $66.22 and a 1 year high of $121.64. The company has a market capitalization of $37.88 billion, a PE ratio of 213.66, a P/E/G ratio of 0.99 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to the consensus estimate of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The firm’s quarterly revenue was up 6.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, analysts expect that The Estee Lauder Companies Inc. will post 3.29 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio is presently 285.71%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. REAP Financial Group LLC purchased a new stake in shares of Estee Lauder Companies during the 4th quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna purchased a new position in shares of Estee Lauder Companies in the 4th quarter valued at about $27,000. DV Equities LLC acquired a new stake in shares of Estee Lauder Companies in the fourth quarter valued at about $36,000. Trust Co. of Vermont purchased a new stake in Estee Lauder Companies during the second quarter worth about $28,000. Finally, Kozak & Associates Inc. acquired a new position in Estee Lauder Companies during the second quarter worth about $30,000. Hedge funds and other institutional investors own 55.15% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on EL shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $111.00 price objective on shares of Estee Lauder Companies in a research note on Monday, August 17th. Citigroup boosted their target price on Estee Lauder Companies from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, August 20th. Weiss Ratings upgraded shares of Estee Lauder Companies from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday. B. Riley Financial reissued a “neutral” rating and issued a $100.00 price objective (up from $85.00) on shares of Estee Lauder Companies in a research note on Thursday, August 20th. Finally, TD Cowen upped their price objective on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the stock a “hold” rating in a research report on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and an average target price of $104.67.

Estee Lauder Companies Company Profile

Estée Lauder Companies Inc (NYSE: EL) is a global leader in prestige beauty that develops, manufactures and markets a broad portfolio of skincare, makeup, fragrance and hair care products. Founded in 1946 by Estée Lauder, the company has grown from a small family business into a multinational consumer-products enterprise headquartered in New York City. Its activities span product research and development, brand and product marketing, manufacturing and global distribution across multiple retail channels.

The company’s portfolio includes a mix of legacy and prestige brands that target different consumer segments and price points, with well-known names such as Estée Lauder, Clinique, MAC, La Mer and Jo Malone among others.