Rep. Julie Johnson Buys The Estée Lauder Companies Inc. (NYSE:EL) Shares

Representative Julie Johnson (D-Texas) recently bought shares of The Estée Lauder Companies Inc. NYSE: EL. In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Estée Lauder Companies stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Estée Lauder Companies Stock Up 5.1 %

Shares of EL stock traded up $3.51 during trading hours on Tuesday, reaching $72.20. 4,242,814 shares of the stock were exchanged, compared to its average volume of 4,494,215. The business's fifty day moving average is $75.60 and its two-hundred day moving average is $81.50. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.37 and a quick ratio of 0.90. The Estée Lauder Companies Inc. has a 12-month low of $62.29 and a 12-month high of $159.54. The firm has a market capitalization of $25.92 billion, a P/E ratio of -37.02, a P/E/G ratio of 5.43 and a beta of 1.03.

Estée Lauder Companies (NYSE:EL - Get Free Report) last announced its quarterly earnings results on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.32 by $0.30. The firm had revenue of $4 billion during the quarter, compared to the consensus estimate of $3.98 billion. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm's quarterly revenue was down 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.88 earnings per share. As a group, research analysts expect that The Estée Lauder Companies Inc. will post 1.37 EPS for the current fiscal year.

Estée Lauder Companies Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.35 per share. The ex-dividend date is Friday, February 28th. This represents a $1.40 dividend on an annualized basis and a yield of 1.94%. Estée Lauder Companies's dividend payout ratio (DPR) is presently -71.79%.

Institutional Trading of Estée Lauder Companies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in EL. Vanguard Group Inc. boosted its stake in Estée Lauder Companies by 9.5% in the 4th quarter. Vanguard Group Inc. now owns 27,014,303 shares of the company's stock worth $2,025,532,000 after buying an additional 2,344,210 shares during the last quarter. FMR LLC boosted its stake in Estée Lauder Companies by 163.8% in the 4th quarter. FMR LLC now owns 14,382,579 shares of the company's stock worth $1,078,406,000 after buying an additional 8,930,011 shares during the last quarter. State Street Corp boosted its stake in Estée Lauder Companies by 9.5% in the 3rd quarter. State Street Corp now owns 10,575,926 shares of the company's stock worth $1,054,314,000 after buying an additional 913,470 shares during the last quarter. Independent Franchise Partners LLP boosted its stake in Estée Lauder Companies by 45.5% in the 4th quarter. Independent Franchise Partners LLP now owns 7,858,158 shares of the company's stock worth $589,205,000 after buying an additional 2,458,379 shares during the last quarter. Finally, Capital World Investors acquired a new stake in Estée Lauder Companies in the 4th quarter worth about $554,509,000. Hedge funds and other institutional investors own 55.15% of the company's stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on EL. DA Davidson reaffirmed a "buy" rating and issued a $81.00 price target on shares of Estée Lauder Companies in a report on Wednesday, February 5th. Deutsche Bank Aktiengesellschaft decreased their price objective on Estée Lauder Companies from $80.00 to $78.00 and set a "hold" rating for the company in a report on Wednesday, January 22nd. The Goldman Sachs Group decreased their price objective on Estée Lauder Companies from $100.00 to $75.00 and set a "neutral" rating for the company in a report on Friday, November 1st. Citigroup downgraded Estée Lauder Companies from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $105.00 to $80.00 in a report on Thursday, October 31st. Finally, Canaccord Genuity Group cut their price objective on Estée Lauder Companies from $76.00 to $70.00 and set a "hold" rating for the company in a research report on Wednesday, February 5th. Twenty investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $86.00.

Insiders Place Their Bets

In other Estée Lauder Companies news, Director Paul J. Fribourg acquired 43,000 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were bought at an average cost of $66.35 per share, for a total transaction of $2,853,050.00. Following the acquisition, the director now directly owns 430,800 shares of the company's stock, valued at $28,583,580. This trade represents a 11.09 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Akhil Shrivastava acquired 700 shares of the company's stock in a transaction on Wednesday, February 5th. The shares were acquired at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the completion of the acquisition, the chief financial officer now directly owns 2,381 shares in the company, valued at $156,645.99. The trade was a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 12.78% of the stock is owned by corporate insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

Estée Lauder Companies Company Profile

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, and powders, as well as compacts, brushes, and other makeup tools.