Telsey Advisory Group Reaffirms Market Perform Rating for Estée Lauder Companies (NYSE:EL)

Telsey Advisory Group reaffirmed their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a research report released on Wednesday morning, Benzinga reports. Telsey Advisory Group currently has a $115.00 target price on the stock.

Other analysts also recently issued reports about the company. JPMorgan Chase & Co. reduced their target price on Estée Lauder Companies from $145.00 to $129.00 and set an overweight rating for the company in a research note on Friday, July 12th. StockNews.com raised Estée Lauder Companies from a sell rating to a hold rating in a research note on Thursday, May 2nd. Citigroup cut their target price on Estée Lauder Companies from $175.00 to $135.00 and set a buy rating on the stock in a report on Wednesday, July 10th. UBS Group upgraded shares of Estée Lauder Companies to a hold rating in a research note on Friday, July 12th. Finally, Barclays reduced their price objective on shares of Estée Lauder Companies from $136.00 to $117.00 and set an equal weight rating for the company in a report on Friday, July 19th. Sixteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of Hold and an average price target of $149.63.

Estée Lauder Companies Trading Up 0.8 %

Shares of EL stock opened at $100.71 on Wednesday. Estée Lauder Companies has a fifty-two week low of $95.87 and a fifty-two week high of $183.20. The company has a debt-to-equity ratio of 1.26, a quick ratio of 1.15 and a current ratio of 1.58. The stock has a 50 day simple moving average of $112.59 and a two-hundred day simple moving average of $131.52. The company has a market cap of $36.11 billion, a P/E ratio of 56.58, a PEG ratio of 1.83 and a beta of 0.99.

Estée Lauder Companies (NYSE:EL) last released its earnings results on Wednesday, May 1st. The company reported $0.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.48 by $0.49. The company had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.92 billion. Estée Lauder Companies had a net margin of 4.18% and a return on equity of 13.08%. Estée Lauder Companies’s quarterly revenue was up 5.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.47 EPS. Research analysts forecast that Estée Lauder Companies will post 2.21 earnings per share for the current year.

Estée Lauder Companies Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 17th. Investors of record on Friday, May 31st were issued a dividend of $0.66 per share. The ex-dividend date was Friday, May 31st. This represents a $2.64 dividend on an annualized basis and a yield of 2.62%. Estée Lauder Companies’s dividend payout ratio (DPR) is 148.32%.

Insider Buying and Selling at Estée Lauder Companies

In other news, CFO Tracey Thomas Travis sold 14,493 shares of the firm’s stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $135.73, for a total value of $1,967,134.89. Following the completion of the transaction, the chief financial officer now directly owns 47,248 shares in the company, valued at $6,412,971.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In related news, CFO Tracey Thomas Travis sold 14,493 shares of Estée Lauder Companies stock in a transaction on Wednesday, May 15th. The stock was sold at an average price of $135.73, for a total transaction of $1,967,134.89. Following the completion of the sale, the chief financial officer now owns 47,248 shares of the company’s stock, valued at $6,412,971.04. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Peter Jueptner sold 12,786 shares of the company’s stock in a transaction dated Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the completion of the transaction, the insider now owns 5,578 shares in the company, valued at $728,598.36. The disclosure for this sale can be found here. Insiders sold 42,255 shares of company stock valued at $5,453,232 in the last quarter. 12.77% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Estée Lauder Companies

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Wetzel Investment Advisors Inc. increased its position in shares of Estée Lauder Companies by 8.3% during the 1st quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock valued at $128,000 after purchasing an additional 68 shares during the last quarter. Tradewinds Capital Management LLC boosted its stake in Estée Lauder Companies by 34.1% in the first quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock worth $45,000 after buying an additional 75 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in Estée Lauder Companies by 0.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock valued at $2,440,000 after acquiring an additional 76 shares during the last quarter. Haverford Trust Co raised its stake in shares of Estée Lauder Companies by 2.3% during the first quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after acquiring an additional 78 shares in the last quarter. Finally, Massmutual Trust Co. FSB ADV lifted its holdings in shares of Estée Lauder Companies by 25.6% in the 1st quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after acquiring an additional 82 shares during the last quarter. Hedge funds and other institutional investors own 55.15% of the company’s stock.

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