Estee Lauder Companies Inc (EL) EVP Gregory Polcer Sells 28,036 Shares

Estee Lauder Companies Inc (NYSE:EL) EVP Gregory Polcer sold 28,036 shares of the stock in a transaction that occurred on Thursday, March 28th. The stock was sold at an average price of $165.00, for a total transaction of $4,625,940.00. Following the sale, the executive vice president now owns 107,350 shares in the company, valued at $17,712,750. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Gregory Polcer also recently made the following trade(s):

  • On Tuesday, February 5th, Gregory Polcer sold 46,233 shares of Estee Lauder Companies stock. The shares were sold at an average price of $152.31, for a total transaction of $7,041,748.23.

Shares of NYSE EL traded up $0.80 during midday trading on Friday, hitting $170.33. The company had a trading volume of 1,131,509 shares, compared to its average volume of 1,070,862. The company has a quick ratio of 1.27, a current ratio of 1.71 and a debt-to-equity ratio of 0.78. Estee Lauder Companies Inc has a twelve month low of $121.47 and a twelve month high of $171.39. The stock has a market capitalization of $61.52 billion, a price-to-earnings ratio of 37.77, a price-to-earnings-growth ratio of 2.60 and a beta of 0.72.

Estee Lauder Companies (NYSE:EL) last announced its earnings results on Tuesday, February 5th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.54 by $0.20. The company had revenue of $4.01 billion during the quarter, compared to analysts’ expectations of $3.92 billion. Estee Lauder Companies had a net margin of 11.49% and a return on equity of 40.38%. The firm’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.52 earnings per share. Equities research analysts expect that Estee Lauder Companies Inc will post 5.07 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its holdings in Estee Lauder Companies by 6,015.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 6,896,861 shares of the company’s stock valued at $53,000 after purchasing an additional 6,784,090 shares during the period. JPMorgan Chase & Co. grew its stake in Estee Lauder Companies by 112.1% during the third quarter. JPMorgan Chase & Co. now owns 7,032,887 shares of the company’s stock worth $1,022,019,000 after buying an additional 3,716,962 shares during the period. Norges Bank purchased a new stake in Estee Lauder Companies during the fourth quarter worth approximately $233,786,000. MERIAN GLOBAL INVESTORS UK Ltd grew its stake in Estee Lauder Companies by 673,732.9% during the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 1,125,301 shares of the company’s stock worth $146,401,000 after buying an additional 1,125,134 shares during the period. Finally, Renaissance Technologies LLC grew its stake in Estee Lauder Companies by 242.1% during the third quarter. Renaissance Technologies LLC now owns 1,246,700 shares of the company’s stock worth $181,170,000 after buying an additional 882,300 shares during the period. Institutional investors and hedge funds own 53.73% of the company’s stock.

A number of research firms recently commented on EL. Zacks Investment Research raised shares of Estee Lauder Companies from a “hold” rating to a “buy” rating and set a $140.00 target price on the stock in a research report on Friday, January 18th. ValuEngine downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 24th. Berenberg Bank downgraded shares of Estee Lauder Companies from a “buy” rating to a “hold” rating and set a $150.00 target price on the stock. in a research report on Wednesday, February 6th. Oppenheimer raised their price objective on shares of Estee Lauder Companies from $164.00 to $180.00 and gave the stock an “outperform” rating in a research report on Monday, April 8th. Finally, Citigroup raised their price objective on shares of Estee Lauder Companies from $179.00 to $188.00 and gave the stock a “buy” rating in a research report on Tuesday, April 9th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eighteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $163.13.

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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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