Estee Lauder Companies (NYSE:EL) Director Sells 3,775 Shares of Stock

Key Points

• Director Charlene Barshefsky sold 3,775 Estee Lauder shares at an average price of $98.82, generating $373,045.50 and reducing her holdings by 6.9% to 50,971 shares.
• Estee Lauder shares fell 2.4% to $96.38 during Thursday trading. The company recently exceeded quarterly earnings and revenue estimates, with revenue rising 6.3% year over year.
• The company declared a quarterly dividend of $0.35 per share, equivalent to $1.40 annually and a 1.5% yield. Analysts maintain a consensus “Hold” rating with an average price target of $104.67.

The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Charlene Barshefsky sold 3,775 shares of Estee Lauder Companies stock in a transaction that occurred on Wednesday, September 9th. The stock was sold at an average price of $98.82, for a total transaction of $373,045.50. Following the completion of the transaction, the director owned 50,971 shares of the company's stock, valued at $5,036,954.22. This represents a 6.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Estee Lauder Companies Stock Down 2.4%

Shares of EL traded down $2.39 during midday trading on Thursday, reaching $96.38. The stock had a trading volume of 2,264,470 shares, compared to its average volume of 3,929,018. The company has a market cap of $34.87 billion, a price-to-earnings ratio of 196.70, a PEG ratio of 1.18 and a beta of 1.28. The company's fifty day simple moving average is $89.82 and its two-hundred day simple moving average is $85.99. 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 debt-to-equity ratio of 1.79, a current ratio of 1.22 and a quick ratio of 0.90.

Estee Lauder Companies (NYSE:EL - Get Free Report) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 EPS for the quarter, beating the consensus estimate of $0.32 by $0.07. The firm had revenue of $3.64 billion for the quarter, compared to analyst estimates of $3.55 billion. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.Estee Lauder Companies's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Equities research analysts expect that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current year.

Estee Lauder Companies Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 1.5%. The ex-dividend date is Monday, August 31st. Estee Lauder Companies's dividend payout ratio is currently 285.71%.

Hedge Funds Weigh In On Estee Lauder Companies

Hedge funds and other institutional investors have recently bought and sold shares of the company. REAP Financial Group LLC purchased a new position in Estee Lauder Companies during the 4th quarter worth $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new position in shares of Estee Lauder Companies during the fourth quarter worth about $27,000. Trust Co. of Vermont purchased a new position in Estee Lauder Companies during the second quarter worth about $28,000. Kozak & Associates Inc. purchased a new position in Estee Lauder Companies during the second quarter worth about $30,000. Finally, IFP Advisors Inc lifted its position in Estee Lauder Companies by 35.2% in the second quarter. IFP Advisors Inc now owns 415 shares of the company's stock valued at $33,000 after purchasing an additional 108 shares during the period. 55.15% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on EL shares. Citigroup lifted their price target on shares of Estee Lauder Companies from $110.00 to $115.00 and gave the stock a "buy" rating in a research note on Thursday, August 20th. B. Riley Financial reiterated a "neutral" rating and set a $100.00 target price (up from $85.00) on shares of Estee Lauder Companies in a research report on Thursday, August 20th. Telsey Advisory Group upped their target price on Estee Lauder Companies from $90.00 to $108.00 and gave the company a "market perform" rating in a research report on Thursday, August 20th. Piper Sandler lifted their price target on Estee Lauder Companies from $95.00 to $115.00 and gave the stock an "overweight" rating in a research report on Thursday, August 20th. Finally, Sanford C. Bernstein started coverage on Estee Lauder Companies in a report on Friday, June 12th. They issued a "market perform" rating and a $82.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $104.67.

Estee Lauder Companies Company Profile

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.

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