Insider Selling: Estee Lauder Companies Inc (EL) Director Sells $1,917,231.12 in Stock

Estee Lauder Companies Inc (NYSE:EL) Director Rose Marie Bravo sold 12,159 shares of Estee Lauder Companies stock in a transaction that occurred on Monday, March 11th. The stock was sold at an average price of $157.68, for a total transaction of $1,917,231.12. Following the completion of the transaction, the director now owns 11,813 shares in the company, valued at approximately $1,862,673.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

NYSE EL opened at $159.99 on Friday. Estee Lauder Companies Inc has a twelve month low of $121.47 and a twelve month high of $160.83. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.27 and a current ratio of 1.71. The company has a market cap of $57.50 billion, a price-to-earnings ratio of 35.47, a PEG ratio of 2.53 and a beta of 0.72.

Estee Lauder Companies (NYSE:EL) last posted its quarterly earnings data on Tuesday, February 5th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.20. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. The firm had revenue of $4.01 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same period in the previous year, the company posted $1.52 EPS. The company’s quarterly revenue was up 7.0% compared to the same quarter last year. As a group, equities analysts expect that Estee Lauder Companies Inc will post 5.03 earnings per share for the current year.



The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 15th. Shareholders of record on Thursday, February 28th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.08%. The ex-dividend date is Wednesday, February 27th. Estee Lauder Companies’s payout ratio is 38.14%.

A number of hedge funds and other institutional investors have recently bought and sold shares of EL. HC Financial Advisors Inc. acquired a new stake in shares of Estee Lauder Companies during the 3rd quarter valued at $975,000. Victory Capital Management Inc. lifted its stake in shares of Estee Lauder Companies by 8.6% in the 3rd quarter. Victory Capital Management Inc. now owns 30,187 shares of the company’s stock valued at $4,387,000 after purchasing an additional 2,381 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Estee Lauder Companies by 54.9% in the 3rd quarter. Private Advisor Group LLC now owns 13,050 shares of the company’s stock valued at $1,896,000 after purchasing an additional 4,624 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new stake in shares of Estee Lauder Companies in the 3rd quarter valued at $570,000. Finally, Cadence Capital Management LLC lifted its stake in shares of Estee Lauder Companies by 18.3% in the 3rd quarter. Cadence Capital Management LLC now owns 5,849 shares of the company’s stock valued at $850,000 after purchasing an additional 904 shares during the last quarter. Hedge funds and other institutional investors own 55.09% of the company’s stock.

Several research analysts have issued reports on the stock. JPMorgan Chase & Co. upgraded shares of Estee Lauder Companies from a “neutral” rating to an “overweight” rating and lifted their price target for the stock from $160.00 to $175.00 in a research report on Thursday, March 7th. Royal Bank of Canada lifted their price target on shares of Estee Lauder Companies to $173.00 and gave the stock a “positive” rating in a research report on Thursday, March 7th. Wells Fargo & Co restated a “hold” rating and issued a $142.00 price target (up previously from $135.00) on shares of Estee Lauder Companies in a research report on Tuesday, February 5th. Deutsche Bank lifted their price target on shares of Estee Lauder Companies to $167.00 and gave the stock a “buy” rating in a research report on Wednesday, February 6th. Finally, Zacks Investment Research upgraded shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $153.00 price target on the stock in a research report on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, five have given a hold rating and seventeen have assigned a buy rating to the company. Estee Lauder Companies presently has an average rating of “Buy” and a consensus price target of $155.73.

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About Estee Lauder Companies

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care products, exfoliators, acne care products, facial masks, cleansing devices, and sun care products; and makeup products, including lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as related items, including compacts, brushes, and other makeup tools.

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Insider Buying and Selling by Quarter for Estee Lauder Companies (NYSE:EL)

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