Insider Selling: Estee Lauder Companies, Inc. (The) (EL) Insider Sells 10,143 Shares of Stock

Estee Lauder Companies, Inc. (The) (NYSE:EL) insider John Demsey sold 10,143 shares of the business’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $120.03, for a total transaction of $1,217,464.29. Following the completion of the sale, the insider now directly owns 22,962 shares of the company’s stock, valued at $2,756,128.86. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

John Demsey also recently made the following trade(s):

  • On Thursday, September 7th, John Demsey sold 8,048 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $107.87, for a total transaction of $868,137.76.

Estee Lauder Companies, Inc. (EL) opened at $124.61 on Monday. Estee Lauder Companies, Inc. has a one year low of $75.30 and a one year high of $125.29. The firm has a market cap of $45,885.89, a PE ratio of 32.37, a P/E/G ratio of 2.41 and a beta of 0.68. The company has a quick ratio of 1.27, a current ratio of 1.75 and a debt-to-equity ratio of 0.71.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings results on Wednesday, November 1st. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $0.97 by $0.24. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Estee Lauder Companies, Inc. (The) had a return on equity of 33.64% and a net margin of 11.30%. The firm’s revenue was up 14.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.85 EPS. equities analysts expect that Estee Lauder Companies, Inc. will post 4.16 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Thursday, November 30th will be issued a dividend of $0.38 per share. The ex-dividend date is Wednesday, November 29th. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.22%. This is a boost from Estee Lauder Companies, Inc. (The)’s previous quarterly dividend of $0.34. Estee Lauder Companies, Inc. (The)’s payout ratio is presently 36.76%.

ILLEGAL ACTIVITY NOTICE: “Insider Selling: Estee Lauder Companies, Inc. (The) (EL) Insider Sells 10,143 Shares of Stock” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are viewing this piece of content on another domain, it was illegally copied and reposted in violation of U.S. & international trademark & copyright law. The original version of this piece of content can be accessed at https://ledgergazette.com/2017/11/13/john-demsey-sells-10143-shares-of-estee-lauder-companies-inc-the-el-stock.html.

Several research analysts have weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $135.00 price target (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a research report on Friday, November 3rd. Morgan Stanley raised their price objective on shares of Estee Lauder Companies, Inc. (The) from $122.00 to $134.00 and gave the company an “overweight” rating in a research report on Thursday, November 2nd. Argus raised their target price on shares of Estee Lauder Companies, Inc. (The) from $125.00 to $142.00 and gave the company a “buy” rating in a research note on Thursday, November 2nd. Citigroup Inc. raised their target price on shares of Estee Lauder Companies, Inc. (The) from $111.00 to $128.00 and gave the company a “neutral” rating in a research note on Thursday, November 2nd. Finally, KeyCorp reissued an “overweight” rating and issued a $135.00 price objective (up from $115.00) on shares of Estee Lauder Companies, Inc. (The) in a research note on Thursday, November 2nd. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) currently has a consensus rating of “Buy” and an average price target of $117.42.

Several large investors have recently modified their holdings of the company. Acrospire Investment Management LLC boosted its holdings in Estee Lauder Companies, Inc. (The) by 2,291.7% in the 2nd quarter. Acrospire Investment Management LLC now owns 1,148 shares of the company’s stock worth $110,000 after acquiring an additional 1,100 shares during the period. Parkside Financial Bank & Trust boosted its holdings in Estee Lauder Companies, Inc. (The) by 126.1% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,135 shares of the company’s stock worth $123,000 after acquiring an additional 633 shares during the period. Shine Investment Advisory Services Inc. purchased a new position in Estee Lauder Companies, Inc. (The) in the 2nd quarter worth approximately $147,000. Sun Life Financial INC boosted its holdings in Estee Lauder Companies, Inc. (The) by 16,290.0% in the 2nd quarter. Sun Life Financial INC now owns 1,639 shares of the company’s stock worth $157,000 after acquiring an additional 1,629 shares during the period. Finally, Bessemer Group Inc. boosted its holdings in Estee Lauder Companies, Inc. (The) by 4.8% in the 2nd quarter. Bessemer Group Inc. now owns 1,866 shares of the company’s stock worth $179,000 after acquiring an additional 86 shares during the period. Institutional investors and hedge funds own 56.26% of the company’s stock.

About Estee Lauder Companies, Inc. (The)

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Insider Buying and Selling by Quarter for Estee Lauder Companies, Inc. (The) (NYSE:EL)

Receive News & Ratings for Estee Lauder Companies Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Estee Lauder Companies Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply