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Sen. John Boozman Buys Shares of The Estee Lauder Companies Inc. (NYSE:EL)

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Key Points

  • Sen. John Boozman purchased between $1,001 and $15,000 of Estée Lauder stock on July 2, according to a filing disclosed August 17. He also reported several other recent purchases and sales, including PayPal, Chevron, JPMorgan Chase and Home Depot.
  • Estée Lauder shares opened at $84.39, down 2%, with a 12-month range of $66.22 to $121.64 and a market capitalization of approximately $30.5 billion.
  • Analysts maintain a consensus “Hold” rating with an average price target of $96.84, while institutional investors and hedge funds own approximately 55.15% of the company.
  • MarketBeat previews top five stocks to own in September.

Senator John Boozman (Republican-Arkansas) recently bought shares of The Estee Lauder Companies Inc. NYSE: EL. In a filing disclosed on August 17th, the Senator disclosed that they had bought between $1,001 and $15,000 in Estee Lauder Companies stock on July 2nd.

Senator John Boozman also recently made the following trade(s):

Estee Lauder Companies Stock Down 2.0%

Shares of Estee Lauder Companies stock opened at $84.39 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.27 and a debt-to-equity ratio of 1.71. The Estee Lauder Companies Inc. has a 12 month low of $66.22 and a 12 month high of $121.64. The business has a fifty day simple moving average of $84.20 and a 200 day simple moving average of $87.01. The stock has a market cap of $30.53 billion, a PE ratio of -120.56, a price-to-earnings-growth ratio of 0.68 and a beta of 1.25.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Citigroup increased their target price on Estee Lauder Companies from $92.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Estee Lauder Companies in a research note on Friday, July 31st. UBS Group increased their price target on shares of Estee Lauder Companies from $85.00 to $86.00 and gave the company a "neutral" rating in a research report on Thursday, July 16th. Barclays lifted their price objective on shares of Estee Lauder Companies from $75.00 to $80.00 and gave the stock an "equal weight" rating in a research note on Tuesday, July 21st. Finally, TD Cowen boosted their price objective on shares of Estee Lauder Companies from $85.00 to $90.00 and gave the company a "hold" rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $96.84.

Get Our Latest Stock Analysis on EL

Institutional Investors Weigh In On Estee Lauder Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. REAP Financial Group LLC acquired a new position in Estee Lauder Companies during the 4th quarter worth approximately $27,000. Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna acquired a new stake in shares of Estee Lauder Companies in the fourth quarter valued at approximately $27,000. N.E.W. Advisory Services LLC raised its holdings in shares of Estee Lauder Companies by 39.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 324 shares of the company's stock valued at $34,000 after purchasing an additional 91 shares during the last quarter. DV Equities LLC bought a new stake in shares of Estee Lauder Companies in the fourth quarter worth $36,000. Finally, Trust Co. of Vermont bought a new stake in shares of Estee Lauder Companies in the second quarter worth $28,000. Institutional investors and hedge funds own 55.15% of the company's stock.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

Estee Lauder Companies Company Profile

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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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