Fabrizio Freda Sells 13,371 Shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) Stock

Estee Lauder Companies, Inc. (The) (NYSE:EL) insider Fabrizio Freda sold 13,371 shares of the firm’s stock in a transaction on Monday, August 28th. The stock was sold at an average price of $105.64, for a total value of $1,412,512.44. Following the completion of the transaction, the insider now owns 83,845 shares in the company, valued at $8,857,385.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Fabrizio Freda also recently made the following trade(s):

  • On Friday, September 8th, Fabrizio Freda sold 14,724 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $108.39, for a total value of $1,595,934.36.
  • On Tuesday, August 22nd, Fabrizio Freda sold 300,000 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $105.77, for a total value of $31,731,000.00.
  • On Thursday, July 6th, Fabrizio Freda sold 15,880 shares of Estee Lauder Companies, Inc. (The) stock. The stock was sold at an average price of $95.08, for a total value of $1,509,870.40.

Shares of Estee Lauder Companies, Inc. (NYSE:EL) traded up 0.87% during trading on Wednesday, reaching $109.85. 320,147 shares of the company were exchanged. The stock has a market capitalization of $40.42 billion, a P/E ratio of 32.79 and a beta of 0.67. The firm has a 50-day moving average price of $102.96 and a 200-day moving average price of $93.66. Estee Lauder Companies, Inc. has a 1-year low of $75.30 and a 1-year high of $109.97.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its quarterly earnings data on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. The business had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The company’s revenue was up 9.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.43 earnings per share. Equities research analysts predict that Estee Lauder Companies, Inc. will post $3.97 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Thursday, August 31st will be given a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a yield of 1.25%. The ex-dividend date of this dividend is Tuesday, August 29th. Estee Lauder Companies, Inc. (The)’s dividend payout ratio (DPR) is 40.60%.

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A number of equities research analysts have commented on the company. Zacks Investment Research cut Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating in a report on Monday, August 21st. Jefferies Group LLC raised their price target on Estee Lauder Companies, Inc. (The) from $112.00 to $122.00 and gave the company a “hold” rating in a report on Thursday, September 7th. Royal Bank Of Canada reissued a “buy” rating and set a $100.00 price target on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, May 31st. BMO Capital Markets raised Estee Lauder Companies, Inc. (The) from an “underperform” rating to a “market perform” rating and lifted their target price for the stock from $83.00 to $107.00 in a report on Monday, August 21st. Finally, Deutsche Bank AG lifted their target price on Estee Lauder Companies, Inc. (The) from $108.00 to $119.00 and gave the stock a “buy” rating in a report on Monday, August 21st. One analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the company’s stock. Estee Lauder Companies, Inc. (The) has an average rating of “Buy” and an average price target of $108.75.

Hedge funds have recently modified their holdings of the stock. Acrospire Investment Management LLC increased its position in shares of Estee Lauder Companies, Inc. (The) by 2,291.7% in the second 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 in the last quarter. American Beacon Advisors Inc. acquired a new stake in shares of Estee Lauder Companies, Inc. (The) in the first quarter worth $100,000. Bronfman E.L. Rothschild L.P. increased its position in shares of Estee Lauder Companies, Inc. (The) by 36.3% in the first quarter. Bronfman E.L. Rothschild L.P. now owns 1,298 shares of the company’s stock worth $110,000 after acquiring an additional 346 shares in the last quarter. Israel Discount Bank of New York acquired a new stake in shares of Estee Lauder Companies, Inc. (The) in the first quarter worth $110,000. Finally, First Interstate Bank acquired a new stake in shares of Estee Lauder Companies, Inc. (The) in the first quarter worth $114,000. 54.63% of the stock is owned by hedge funds and other institutional investors.

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)

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