Estee Lauder Companies (NYSE:EL) Director Paul Fribourg Sells 58,000 Shares

The Estee Lauder Companies Inc. (NYSE:EL) Director Paul Fribourg sold 58,000 shares of the firm’s stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $98.17, for a total value of $5,693,860.00. Following the sale, the director directly owned 417,300 shares in the company, valued at approximately $40,966,341. This represents a 12.20% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Estee Lauder Companies Trading Down 2.2%

NYSE:EL opened at $96.08 on Wednesday. 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 business’s 50-day simple moving average is $90.83 and its 200-day simple moving average is $85.51. The Estee Lauder Companies Inc. has a fifty-two week low of $66.22 and a fifty-two week high of $121.64. The stock has a market capitalization of $34.76 billion, a PE ratio of 196.09, a price-to-earnings-growth ratio of 1.14 and a beta of 1.28.

Estee Lauder Companies (NYSE:EL) last posted its earnings results on Wednesday, August 19th. The company reported $0.39 earnings per share (EPS) for the quarter, topping 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 analysts’ expectations of $3.55 billion. During the same period in the prior year, the business earned $0.09 EPS. Estee Lauder Companies’s revenue for the quarter was up 6.3% compared to the same quarter last year. Estee Lauder Companies has set its FY 2027 guidance at 3.100-3.350 EPS. Sell-side analysts expect that The Estee Lauder Companies Inc. will post 3.3 earnings per share for the current fiscal year.

Estee Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Monday, August 31st. Estee Lauder Companies’s dividend payout ratio (DPR) is presently 285.71%.

Institutional Investors Weigh In On Estee Lauder Companies

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Bank of America Corp DE boosted its stake in shares of Estee Lauder Companies by 950.9% during the 1st quarter. Bank of America Corp DE now owns 13,843,765 shares of the company’s stock worth $993,567,000 after acquiring an additional 12,526,471 shares during the period. J. Stern & Co. LLP raised its stake in Estee Lauder Companies by 4,281.3% in the 4th quarter. J. Stern & Co. LLP now owns 4,094,761 shares of the company’s stock valued at $4,094,761,000 after acquiring an additional 4,001,300 shares during the period. Norges Bank acquired a new stake in Estee Lauder Companies during the 4th quarter valued at $308,912,000. Bank of New York Mellon Corp boosted its position in Estee Lauder Companies by 22.7% during the fourth quarter. Bank of New York Mellon Corp now owns 7,497,179 shares of the company’s stock worth $785,105,000 after purchasing an additional 1,384,678 shares during the period. Finally, Fullerton Fund Management Co Ltd. bought a new position in Estee Lauder Companies during the fourth quarter worth $84,060,000. 55.15% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

EL has been the subject of a number of research reports. Wall Street Zen upgraded Estee Lauder Companies from a “hold” rating to a “buy” rating in a report on Saturday. Telsey Advisory Group boosted their price target on Estee Lauder Companies from $90.00 to $108.00 and gave the company a “market perform” rating in a report on Thursday, August 20th. China Intl Cap raised Estee Lauder Companies to a “strong-buy” rating in a research report on Sunday, August 30th. Piper Sandler increased their price objective on Estee Lauder Companies from $95.00 to $115.00 and gave the stock an “overweight” rating in a report on Thursday, August 20th. Finally, Canaccord Genuity Group lifted their target price on Estee Lauder Companies from $85.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Estee Lauder Companies has a consensus rating of “Hold” and an average 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.