Estee Lauder Companies (NYSE:EL) Director Sells $339,288.30 in Stock

Key Points

• Lynn Forester, a director at Estee Lauder Companies, sold 3,702 shares for a total of $339,288.30, reducing their ownership by 19.30%.
• The company's stock price decreased by 1.6%, trading at $89.93, with a market cap of $32.36 billion.
• Estee Lauder reported earnings of $0.09 EPS for the last quarter, surpassing estimates, but experienced a 11.9% revenue decline year-over-year.

The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Lynn Forester sold 3,702 shares of the business's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $91.65, for a total value of $339,288.30. Following the completion of the sale, the director directly owned 15,479 shares in the company, valued at $1,418,650.35. This trade represents a 19.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Estee Lauder Companies Stock Down 1.6%

Shares of NYSE:EL traded down $1.45 on Tuesday, hitting $89.93. 776,399 shares of the company traded hands, compared to its average volume of 4,158,898. The stock has a 50 day simple moving average of $88.66 and a 200-day simple moving average of $73.29. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 1.89. The company has a market cap of $32.36 billion, a PE ratio of -28.64, a PEG ratio of 2.62 and a beta of 1.15. The Estee Lauder Companies Inc. has a 52 week low of $48.37 and a 52 week high of $103.44.

Estee Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings data on Wednesday, August 20th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.36 billion. Estee Lauder Companies had a negative net margin of 7.91% and a positive return on equity of 12.37%. Estee Lauder Companies's revenue for the quarter was down 11.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.64 EPS. Estee Lauder Companies has set its FY 2026 guidance at 1.900-2.100 EPS. As a group, research analysts expect that The Estee Lauder Companies Inc. will post 1.36 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 16th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Tuesday, September 2nd. Estee Lauder Companies's dividend payout ratio (DPR) is currently -44.59%.

Institutional Investors Weigh In On Estee Lauder Companies

Institutional investors have recently added to or reduced their stakes in the stock. Generali Asset Management SPA SGR increased its holdings in Estee Lauder Companies by 1.6% in the 2nd quarter. Generali Asset Management SPA SGR now owns 7,361 shares of the company's stock valued at $595,000 after acquiring an additional 119 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in shares of Estee Lauder Companies by 0.4% in the second quarter. Joel Isaacson & Co. LLC now owns 28,826 shares of the company's stock worth $2,329,000 after purchasing an additional 120 shares during the last quarter. LRI Investments LLC lifted its position in shares of Estee Lauder Companies by 2.6% in the second quarter. LRI Investments LLC now owns 5,007 shares of the company's stock worth $405,000 after buying an additional 126 shares in the last quarter. Legacy Wealth Asset Management LLC boosted its stake in Estee Lauder Companies by 2.2% during the second quarter. Legacy Wealth Asset Management LLC now owns 5,950 shares of the company's stock valued at $481,000 after buying an additional 129 shares during the last quarter. Finally, Signaturefd LLC grew its holdings in Estee Lauder Companies by 9.3% during the 2nd quarter. Signaturefd LLC now owns 1,815 shares of the company's stock valued at $147,000 after buying an additional 154 shares in the last quarter. 55.15% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on EL shares. Canaccord Genuity Group boosted their price target on Estee Lauder Companies from $62.00 to $85.00 and gave the stock a "hold" rating in a research note on Monday, August 18th. JPMorgan Chase & Co. lowered their target price on shares of Estee Lauder Companies from $101.00 to $99.00 and set an "overweight" rating on the stock in a research note on Thursday, August 21st. UBS Group lifted their price target on shares of Estee Lauder Companies from $62.00 to $93.00 and gave the stock a "neutral" rating in a research note on Thursday, July 17th. Evercore ISI boosted their price objective on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company an "outperform" rating in a report on Thursday, June 26th. Finally, Bank of America assumed coverage on shares of Estee Lauder Companies in a report on Thursday, July 10th. They issued a "buy" rating and a $110.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $87.80.

About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, and powders, as well as compacts, brushes, and other makeup tools.

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