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

The Estee Lauder Companies Inc. (NYSE:EL) VP Lande Rashida La sold 7,766 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $103.32, for a total value of $802,383.12. Following the completion of the transaction, the vice president directly owned 14,357 shares of the company’s stock, valued at $1,483,365.24. This represents a 35.10% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 stock was sold at an average price of $99.55, for a total transaction of $553,896.20.

Estee Lauder Companies Trading Down 0.9%

Shares of NYSE EL opened at $102.44 on Tuesday. The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.90 and a current ratio of 1.22. The Estee Lauder Companies Inc. has a 52-week low of $66.22 and a 52-week high of $121.64. The firm has a 50 day moving average price of $87.02 and a two-hundred day moving average price of $86.37. The stock has a market cap of $37.06 billion, a P/E ratio of 209.06, a price-to-earnings-growth ratio of 0.97 and a beta of 1.25.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results 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 net margin of 1.21% and a return on equity of 23.52%. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.09 earnings per share. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. As a group, equities analysts forecast that The Estee Lauder Companies Inc. will post 3.3 EPS for the current year.

Estee Lauder Companies Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Monday, August 31st. Estee Lauder Companies’s dividend payout ratio (DPR) is currently 285.71%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Sanford C. Bernstein started coverage on Estee Lauder Companies in a research note on Friday, June 12th. They issued a “market perform” rating and a $82.00 price target for the company. Piper Sandler lifted their price objective on Estee Lauder Companies from $95.00 to $115.00 and gave the stock an “overweight” rating in a research note on Thursday, August 20th. Zacks Research cut Estee Lauder Companies from a “strong-buy” rating to a “hold” rating in a report on Friday, July 10th. TD Cowen increased their target price on shares of Estee Lauder Companies from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Thursday, August 20th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $111.00 price target on shares of Estee Lauder Companies in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Estee Lauder Companies has a consensus rating of “Hold” and a consensus price target of $104.67.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in EL. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Estee Lauder Companies during the 4th quarter worth approximately $14,619,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Estee Lauder Companies in the fourth quarter worth $19,438,000. Pictet Asset Management Holding SA increased its stake in Estee Lauder Companies by 14.6% in the first quarter. Pictet Asset Management Holding SA now owns 973,478 shares of the company’s stock valued at $69,854,000 after purchasing an additional 124,079 shares in the last quarter. North Dakota State Investment Board bought a new stake in Estee Lauder Companies in the fourth quarter valued at $2,728,000. Finally, Geode Capital Management LLC raised its holdings in shares of Estee Lauder Companies by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 6,308,108 shares of the company’s stock valued at $658,020,000 after purchasing an additional 331,530 shares during the period. 55.15% of the stock is owned by institutional investors.

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.