Lande Rashida La Sells 7,766 Shares of Estee Lauder Companies (NYSE:EL) Stock

Key Points

• Insider sale: Estée Lauder VP Lande Rashida La sold 7,766 shares for approximately $802,383, reducing her ownership by 35.1% to 14,357 shares. She had also sold 5,564 shares the previous week.
• Quarterly results exceeded expectations: The company reported quarterly EPS of $0.39 versus the $0.32 consensus estimate and revenue of $3.64 billion, up 6.3% year over year.
• Analyst outlook remains neutral: Estée Lauder has a consensus “Hold” rating and an average price target of $104.67, close to its recent trading price of $102.44.

The Estee Lauder Companies Inc. (NYSE:EL - Get Free Report) VP Lande Rashida La sold 7,766 shares of the stock in a transaction on Friday, August 28th. The stock was sold at an average price of $103.32, for a total value of $802,383.12. Following the transaction, the vice president owned 14,357 shares of the company's stock, valued at $1,483,365.24. This represents a 35.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Lande Rashida La also recently made the following trade(s):

• On Friday, August 21st, Lande Rashida La sold 5,564 shares of Estee Lauder Companies stock. The shares were sold at an average price of $99.55, for a total transaction of $553,896.20.

Estee Lauder Companies Price Performance

Shares of NYSE:EL traded down $0.95 during trading on Monday, reaching $102.44. The stock had a trading volume of 3,737,880 shares, compared to its average volume of 3,962,608. The stock has a market capitalization of $37.06 billion, a PE ratio of 209.06, 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 52 week low of $66.22 and a 52 week high of $121.64. The business's 50-day moving average price is $86.66 and its 200 day moving average price is $86.37.

Estee Lauder Companies (NYSE:EL - Get Free Report) last issued its quarterly earnings data on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.07. The firm had revenue of $3.64 billion during 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 business's revenue for the quarter was up 6.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.09 EPS. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities analysts predict that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current year.

Estee Lauder Companies Dividend Announcement

The business 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 dividend of $0.35 per share. 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 1.4%. Estee Lauder Companies's dividend payout ratio is currently 285.71%.

Institutional Investors Weigh In On Estee Lauder Companies

A number of institutional investors have recently made changes to their positions in the stock. California State Teachers Retirement System increased its stake in shares of Estee Lauder Companies by 6,993.9% in the 2nd quarter. California State Teachers Retirement System now owns 27,438,678 shares of the company's stock valued at $2,166,284,000 after acquiring an additional 27,051,883 shares during the last quarter. Bank of America Corp DE raised its holdings in Estee Lauder Companies by 950.9% in the first quarter. Bank of America Corp DE now owns 13,843,765 shares of the company's stock worth $993,567,000 after purchasing an additional 12,526,471 shares during the period. State Street Corp boosted its position in shares of Estee Lauder Companies by 4.2% during the fourth quarter. State Street Corp now owns 11,585,782 shares of the company's stock worth $1,213,263,000 after purchasing an additional 467,195 shares in the last quarter. Schroder Investment Management Group grew its holdings in shares of Estee Lauder Companies by 185.3% in the 4th quarter. Schroder Investment Management Group now owns 8,140,550 shares of the company's stock valued at $861,596,000 after buying an additional 5,286,875 shares during the period. Finally, Independent Franchise Partners LLP grew its holdings in shares of Estee Lauder Companies by 1.1% in the 4th quarter. Independent Franchise Partners LLP now owns 7,837,249 shares of the company's stock valued at $820,717,000 after buying an additional 83,857 shares during the period. 55.15% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the stock. Barclays upped their target price on shares of Estee Lauder Companies from $80.00 to $97.00 and gave the stock an "equal weight" rating in a research report on Friday, August 21st. Weiss Ratings raised Estee Lauder Companies from a "sell (d)" rating to a "sell (d+)" rating in a report on Friday, August 21st. UBS Group increased their price objective on Estee Lauder Companies from $86.00 to $106.00 and gave the company a "neutral" rating in a research report on Thursday, August 20th. Zacks Research lowered Estee Lauder Companies from a "strong-buy" rating to a "hold" rating in a research note on Friday, July 10th. Finally, Telsey Advisory Group lifted their price objective on Estee Lauder Companies from $90.00 to $108.00 and gave the stock a "market perform" rating in a research report on Thursday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target 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.

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