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 that occurred on Monday, May 6th. The stock was sold at an average price of $172.19, for a total transaction of $6,703,873.27. Following the sale, the insider now owns 112,107 shares in the company, valued at approximately $19,303,704.33. The transaction was disclosed in a document filed with the SEC, which is available at this link.

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

  • 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.

Shares of NYSE:EL opened at $165.33 on Friday. The company has a market capitalization of $60.54 billion, a P/E ratio of 36.66, a P/E/G ratio of 2.64 and a beta of 0.72. The company has a quick ratio of 1.26, a current ratio of 1.69 and a debt-to-equity ratio of 0.62. Estee Lauder Companies Inc has a one year low of $121.47 and a one year high of $180.20.

Estee Lauder Companies (NYSE:EL) last released its quarterly earnings results on Wednesday, May 1st. The company reported $1.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.25. The firm had revenue of $3.74 billion during the quarter, compared to the consensus estimate of $3.56 billion. Estee Lauder Companies had a net margin of 12.45% and a return on equity of 43.52%. The company’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $1.17 earnings per share. On average, research analysts forecast that Estee Lauder Companies Inc will post 5.22 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 17th. Stockholders of record on Friday, May 31st will be paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.04%. The ex-dividend date of this dividend is Thursday, May 30th. Estee Lauder Companies’s payout ratio is currently 38.14%.

Several hedge funds have recently added to or reduced their stakes in the company. Highwater Wealth Management LLC bought a new position in Estee Lauder Companies during the fourth quarter worth $89,000. BTIM Corp. raised its stake in Estee Lauder Companies by 2.0% during the fourth quarter. BTIM Corp. now owns 227,781 shares of the company’s stock worth $29,635,000 after buying an additional 4,500 shares during the last quarter. Boston Advisors LLC raised its stake in Estee Lauder Companies by 2.0% during the fourth quarter. Boston Advisors LLC now owns 9,876 shares of the company’s stock worth $1,285,000 after buying an additional 190 shares during the last quarter. Fundsmith LLP raised its stake in Estee Lauder Companies by 6.7% during the fourth quarter. Fundsmith LLP now owns 6,275,561 shares of the company’s stock worth $911,965,000 after buying an additional 394,564 shares during the last quarter. Finally, Commonwealth Bank of Australia raised its stake in Estee Lauder Companies by 2.2% during the fourth quarter. Commonwealth Bank of Australia now owns 19,874 shares of the company’s stock worth $2,580,000 after buying an additional 434 shares during the last quarter. 53.42% of the stock is owned by hedge funds and other institutional investors.

EL has been the topic of several analyst reports. Wells Fargo & Co lowered shares of Estee Lauder Companies from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $165.00 to $135.00 in a research report on Thursday, January 10th. They noted that the move was a valuation call. Zacks Investment Research lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Monday, January 14th. ValuEngine lowered shares of Estee Lauder Companies from a “buy” rating to a “hold” rating in a research report on Thursday, January 24th. Piper Jaffray Companies reissued a “buy” rating and issued a $153.00 price objective on shares of Estee Lauder Companies in a research note on Wednesday, January 30th. Finally, Telsey Advisory Group increased their price objective on shares of Estee Lauder Companies from $170.00 to $179.00 and gave the company an “outperform” rating in a research note on Wednesday, February 6th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and sixteen have issued a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $170.78.

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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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