Fabrizio Freda Sells 38,933 Shares of Estee Lauder Companies Inc (EL) Stock

Estee Lauder Companies Inc (NYSE:EL) insider Fabrizio Freda sold 38,933 shares of the stock in a transaction on Monday, May 6th. The shares were sold at an average price of $172.19, for a total transaction of $6,703,873.27. Following the completion of the sale, the insider now owns 112,107 shares of the company’s stock, valued at approximately $19,303,704.33. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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

  • On Monday, May 13th, Fabrizio Freda sold 33,719 shares of Estee Lauder Companies stock. The stock was sold at an average price of $164.42, for a total transaction of $5,544,077.98.
  • On Wednesday, May 15th, Fabrizio Freda sold 99,495 shares of Estee Lauder Companies stock. The stock was sold at an average price of $167.13, for a total transaction of $16,628,599.35.
  • On Thursday, February 7th, Fabrizio Freda sold 98,262 shares of Estee Lauder Companies stock. The stock was sold at an average price of $152.20, for a total transaction of $14,955,476.40.

NYSE:EL traded down $4.58 during mid-day trading on Friday, reaching $161.03. 1,356,129 shares of the company’s stock were exchanged, compared to its average volume of 1,842,893. Estee Lauder Companies Inc has a one year low of $121.47 and a one year high of $180.20. The firm has a market cap of $59.36 billion, a price-to-earnings ratio of 35.71, a P/E/G ratio of 2.43 and a beta of 0.72. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.26 and a current ratio of 1.69.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.30 by $0.25. Estee Lauder Companies had a net margin of 12.45% and a return on equity of 43.52%. The business had revenue of $3.74 billion for the quarter, compared to analyst estimates of $3.56 billion. During the same period last year, the firm earned $1.17 earnings per share. Estee Lauder Companies’s revenue for the quarter was up 11.1% compared to the same quarter last year. Sell-side analysts anticipate that Estee Lauder Companies Inc will post 5.21 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 17th. Shareholders of record on Friday, May 31st will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.07%. The ex-dividend date of this dividend is Thursday, May 30th. Estee Lauder Companies’s dividend payout ratio is currently 38.14%.

Hedge funds have recently added to or reduced their stakes in the business. Machina Capital S.A.S. bought a new position in Estee Lauder Companies in the 4th quarter valued at about $30,000. Coastal Investment Advisors Inc. bought a new position in Estee Lauder Companies in the 1st quarter valued at about $43,000. Anderson Fisher LLC bought a new position in Estee Lauder Companies in the 1st quarter valued at about $43,000. Trust Co. of Vermont increased its holdings in Estee Lauder Companies by 112.1% in the 1st quarter. Trust Co. of Vermont now owns 263 shares of the company’s stock valued at $44,000 after buying an additional 139 shares during the period. Finally, Motco increased its holdings in Estee Lauder Companies by 45.8% in the 1st quarter. Motco now owns 277 shares of the company’s stock valued at $46,000 after buying an additional 87 shares during the period. 54.31% of the stock is currently owned by hedge funds and other institutional investors.

A number of research firms have recently issued reports on EL. Stifel Nicolaus raised their target price on shares of Estee Lauder Companies from $157.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, April 11th. Citigroup raised their target price on shares of Estee Lauder Companies from $179.00 to $188.00 and gave the stock a “buy” rating in a research note on Tuesday, April 9th. Oppenheimer raised their target price on shares of Estee Lauder Companies from $164.00 to $180.00 and gave the stock an “outperform” rating in a research note on Monday, April 8th. Argus raised their target price on shares of Estee Lauder Companies to $195.00 and gave the stock a “buy” rating in a research note on Friday, April 12th. Finally, Piper Jaffray Companies raised their target price on shares of Estee Lauder Companies from $161.00 to $178.00 and gave the stock a “positive” rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and fifteen have given a buy rating to the company’s stock. Estee Lauder Companies has an average rating of “Buy” and an average price target of $170.82.

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Estee Lauder Companies Company Profile

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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