Estee Lauder Companies (NYSE:EL) Stock: Insider Paul Fribourg Sells 2,406 Shares

The Estee Lauder Companies Inc. (NYSE:EL) Director Paul Fribourg sold 2,406 shares of the company’s stock in a transaction that occurred on Monday, November 9th. The shares were sold at an average price of $115.10, for a total value of $276,930.60. Following the transaction, the director directly owned 323,922 shares of the company’s stock, valued at $37,283,422.20. This trade represents a 0.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Estee Lauder Companies Stock Performance

NYSE:EL traded up $0.15 during midday trading on Tuesday, reaching $113.31. 3,595,644 shares of the company traded hands, compared to its average volume of 3,819,267. The firm has a market capitalization of $41.00 billion, a price-to-earnings ratio of 113.31, a price-to-earnings-growth ratio of 1.51 and a beta of 1.23. The company has a fifty day moving average price of $100.93 and a 200 day moving average price of $91.71. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.25 and a quick ratio of 0.90. The Estee Lauder Companies Inc. has a twelve month low of $66.22 and a twelve month high of $121.64.

Estee Lauder Companies (NYSE:EL) last issued its earnings results on Monday, November 2nd. The company reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.21. The firm had revenue of $3.72 billion for the quarter, compared to analyst estimates of $3.65 billion. Estee Lauder Companies had a return on equity of 26.99% and a net margin of 2.41%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the company earned $0.32 earnings per share. On average, analysts expect that The Estee Lauder Companies Inc. will post 3.43 EPS for the current fiscal year.

Estee Lauder Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a $0.35 dividend. The ex-dividend date is Monday, November 30th. This represents a $1.40 annualized dividend and a yield of 1.2%. Estee Lauder Companies’s dividend payout ratio is 140.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on EL shares. Berenberg Bank boosted their price target on Estee Lauder Companies from $84.00 to $92.00 and gave the stock a “hold” rating in a research report on Monday, August 24th. Daiwa Securities Group lifted their price objective on shares of Estee Lauder Companies from $83.00 to $99.00 in a research note on Tuesday, August 25th. Royal Bank Of Canada increased their target price on shares of Estee Lauder Companies from $120.00 to $126.00 and gave the company an “outperform” rating in a research report on Tuesday, November 3rd. Canaccord Genuity Group raised their target price on shares of Estee Lauder Companies from $90.00 to $109.00 and gave the company a “hold” rating in a research note on Thursday, October 22nd. Finally, Barclays boosted their price target on shares of Estee Lauder Companies from $108.00 to $126.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 4th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $110.73.

Key Stories Impacting Estee Lauder Companies

Here are the key news stories impacting Estee Lauder Companies this week:

• Positive Sentiment: Citigroup raised its price target to $132 from $121 and reiterated a Buy rating, implying about 16% upside from the cited share price. Citigroup rating information
• Positive Sentiment: Analysts see improving performance in China supporting EL’s turnaround, with potential for stronger sales and margins. Estee Lauder’s China Business Is Looking Good
• Neutral Sentiment: EL introduced a “Mastering Skin Longevity” skincare platform. The announcement highlights product innovation, though the report provides no expected financial impact. Estée Lauder unveils skincare platform
• Negative Sentiment: Director Paul Fribourg disclosed sales of 70,000 shares and 20,972 shares in separate transactions. Insider selling can weigh on sentiment, although he retained a substantial stake after the reported sales. Director share sale

Institutional Trading of Estee Lauder Companies

Several institutional investors and hedge funds have recently added to or reduced their stakes in EL. Global Retirement Partners LLC grew its position in Estee Lauder Companies by 592.9% in the third quarter. Global Retirement Partners LLC now owns 9,098 shares of the company’s stock worth $844,000 after buying an additional 7,785 shares during the last quarter. Sompo Asset Management Co. Ltd. lifted its position in shares of Estee Lauder Companies by 4.4% during the 3rd quarter. Sompo Asset Management Co. Ltd. now owns 34,546 shares of the company’s stock valued at $3,205,000 after acquiring an additional 1,466 shares during the last quarter. Edgestream Partners L.P. acquired a new stake in shares of Estee Lauder Companies during the 3rd quarter valued at $1,126,000. Banco Santander S.A. lifted its position in shares of Estee Lauder Companies by 4.2% during the 3rd quarter. Banco Santander S.A. now owns 257,236 shares of the company’s stock valued at $23,864,000 after acquiring an additional 10,379 shares during the last quarter. Finally, HighTower Advisors LLC boosted its stake in shares of Estee Lauder Companies by 7.7% during the 3rd quarter. HighTower Advisors LLC now owns 577,525 shares of the company’s stock worth $53,577,000 after acquiring an additional 41,444 shares in the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc. is a global prestige beauty company founded in 1946 by Estée and Joseph Lauder. Based in New York City, it develops, markets and sells beauty products under a portfolio of brands, including Estée Lauder, Clinique, M·A·C, La Mer, Aveda and Jo Malone London. The company’s products span skin care, makeup, fragrance and hair care. It reaches consumers through department stores, specialty retailers, its own stores and websites, and other online and travel-retail channels.