The Estée Lauder Companies Inc. (NYSE:EL) Director Sells $315,963.41 in Stock

The Estée Lauder Companies Inc. (NYSE:EL - Get Free Report) Director Charlene Barshefsky sold 3,437 shares of the company's stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of $91.93, for a total value of $315,963.41. Following the completion of the transaction, the director now directly owns 49,800 shares of the company's stock, valued at $4,578,114. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Estée Lauder Companies Trading Down 0.5 %

NYSE:EL traded down $0.48 during mid-day trading on Wednesday, reaching $92.39. 2,872,887 shares of the company's stock traded hands, compared to its average volume of 3,073,211. The Estée Lauder Companies Inc. has a 12-month low of $86.05 and a 12-month high of $165.76. The firm has a market capitalization of $33.13 billion, a price-to-earnings ratio of 51.90, a PEG ratio of 1.79 and a beta of 0.99. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.58 and a quick ratio of 1.15. The company has a 50 day moving average price of $100.07 and a 200-day moving average price of $125.16.

Estée Lauder Companies (NYSE:EL - Get Free Report) last posted its quarterly earnings data on Monday, August 19th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.39. The business had revenue of $3.87 billion for the quarter, compared to analysts' expectations of $3.80 billion. Estée Lauder Companies had a return on equity of 13.08% and a net margin of 4.18%. The business's revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 EPS. On average, sell-side analysts predict that The Estée Lauder Companies Inc. will post 2.21 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 16th. Stockholders of record on Friday, August 30th will be given a $0.66 dividend. The ex-dividend date is Friday, August 30th. This represents a $2.64 dividend on an annualized basis and a dividend yield of 2.86%. Estée Lauder Companies's dividend payout ratio is currently 148.31%.

Institutional Trading of Estée Lauder Companies

Hedge funds have recently made changes to their positions in the stock. Riverview Trust Co purchased a new position in Estée Lauder Companies in the 1st quarter worth approximately $26,000. Hexagon Capital Partners LLC raised its holdings in Estée Lauder Companies by 103.1% in the 1st quarter. Hexagon Capital Partners LLC now owns 195 shares of the company's stock worth $30,000 after acquiring an additional 99 shares during the last quarter. Crewe Advisors LLC purchased a new position in Estée Lauder Companies in the 1st quarter worth approximately $35,000. Chilton Capital Management LLC raised its holdings in Estée Lauder Companies by 163.0% in the 1st quarter. Chilton Capital Management LLC now owns 263 shares of the company's stock worth $41,000 after acquiring an additional 163 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in Estée Lauder Companies by 3,262.5% in the 1st quarter. Larson Financial Group LLC now owns 269 shares of the company's stock worth $41,000 after acquiring an additional 261 shares during the last quarter. 55.15% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on EL. Stifel Nicolaus dropped their price objective on Estée Lauder Companies from $165.00 to $125.00 and set a "buy" rating on the stock in a research note on Tuesday, August 20th. The Goldman Sachs Group dropped their target price on Estée Lauder Companies from $115.00 to $100.00 and set a "neutral" rating on the stock in a research report on Tuesday, August 20th. Citigroup dropped their target price on Estée Lauder Companies from $110.00 to $105.00 and set a "buy" rating on the stock in a research report on Tuesday, August 20th. Bernstein Bank increased their target price on Estée Lauder Companies from $155.00 to $160.00 in a research report on Wednesday, May 1st. Finally, DA Davidson restated a "buy" rating and set a $130.00 target price on shares of Estée Lauder Companies in a research report on Wednesday. Thirteen analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $122.77.

About Estée Lauder Companies

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.