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

Key Points

• Estee Lauder VP Lande Rashida La sold 5,564 shares at an average price of $99.55, generating approximately $553,896 and reducing her direct ownership by 50%.
• The company reported quarterly EPS of $0.39, beating estimates of $0.32, while revenue rose 6.3% year over year to $3.64 billion. Shares recently traded near $103.73.
• Analysts’ average rating remains “Hold,” with an average price target of $104.67, while Estee Lauder declared a quarterly dividend of $0.35 per share, or $1.40 annually.

The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) VP Lande Rashida La sold 5,564 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $99.55, for a total transaction of $553,896.20. Following the sale, the vice president directly owned 5,564 shares of the company's stock, valued at approximately $553,896.20. The trade was a 50.00% 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 Stock Down 0.4%

NYSE EL traded down $0.40 during trading on Tuesday, hitting $103.73. The company's stock had a trading volume of 1,236,920 shares, compared to its average volume of 3,960,552. The business's 50 day simple moving average is $85.08 and its 200-day simple moving average is $86.33. The company has a market cap of $37.53 billion, a PE ratio of 211.75, a P/E/G ratio of 0.97 and a beta of 1.25. 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 fifty-two week low of $66.22 and a fifty-two week high of $121.64.

Estee Lauder Companies (NYSE:EL - Get Free Report) last released its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share for the quarter, beating analysts' consensus estimates of $0.32 by $0.07. Estee Lauder Companies had a return on equity of 23.52% and a net margin of 1.21%.The business had revenue of $3.64 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter last year, the business posted $0.09 EPS. The company's revenue was up 6.3% on a year-over-year basis. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. On average, equities analysts anticipate that The Estee Lauder Companies Inc. will post 3.29 EPS for the current fiscal year.

Estee Lauder Companies Dividend Announcement

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

Institutional Investors Weigh In On Estee Lauder Companies

A number of large investors have recently modified their holdings of EL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Estee Lauder Companies by 4.8% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,898 shares of the company's stock worth $1,709,000 after purchasing an additional 1,177 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Estee Lauder Companies by 33.4% in the 1st quarter. NewEdge Advisors LLC now owns 6,992 shares of the company's stock valued at $462,000 after buying an additional 1,749 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Estee Lauder Companies by 24.1% in the 1st quarter. Empowered Funds LLC now owns 4,619 shares of the company's stock worth $305,000 after acquiring an additional 898 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of Estee Lauder Companies by 23.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 997 shares of the company's stock worth $81,000 after acquiring an additional 188 shares during the last quarter. Finally, First Trust Advisors LP raised its holdings in shares of Estee Lauder Companies by 55.5% during the 2nd quarter. First Trust Advisors LP now owns 13,522 shares of the company's stock worth $1,093,000 after acquiring an additional 4,826 shares during the period. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently commented on EL. Morgan Stanley raised their target price on Estee Lauder Companies from $90.00 to $102.00 and gave the company an "equal weight" rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. increased their target price on Estee Lauder Companies from $94.00 to $112.00 and gave the company an "overweight" rating in a research report on Thursday, August 20th. B. Riley Financial reissued a "neutral" rating and issued a $100.00 price target (up from $85.00) on shares of Estee Lauder Companies in a research note on Thursday, August 20th. Sanford C. Bernstein began coverage on shares of Estee Lauder Companies in a report on Friday, June 12th. They issued a "market perform" rating and a $82.00 price target for the company. Finally, Jefferies Financial Group upped their price objective on shares of Estee Lauder Companies from $88.00 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 issued a Buy rating, twelve have issued a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average price target of $104.67.

About Estee Lauder Companies

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.

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