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Estée Lauder Companies (NYSE:EL – Get Rating) had its target price reduced by investment analysts at Deutsche Bank Aktiengesellschaft from $274.00 to $266.00 in a report issued on Tuesday, The Fly reports. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 1.54% from the company’s current price.
EL has been the topic of a number of other reports. Societe Generale cut their price target on shares of Estée Lauder Companies to $258.00 and set a “na” rating on the stock in a report on Monday, May 16th. Raymond James decreased their price target on shares of Estée Lauder Companies from $345.00 to $320.00 in a research note on Wednesday, May 4th. Edward Jones raised Estée Lauder Companies from a “hold” rating to a “buy” rating in a report on Wednesday, April 27th. Oppenheimer reiterated an “outperform” rating and issued a $300.00 target price on shares of Estée Lauder Companies in a research note on Tuesday, May 31st. Finally, Credit Suisse Group decreased their price target on Estée Lauder Companies from $365.00 to $320.00 in a research report on Wednesday , May 4th. Four analysts have rated the stock with a hold rating, sixteen have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average r ating of “Moderate Buy” and a consensus target price of $332.60.
Estée Lauder Companies Price Performance
Shares of NYSE EL opened at $270.16 on Tuesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.23 and a current ratio of 1.75. The firm’s 50-day simple moving average is $256.47 and its 200 day simple moving average is $267.64. The stock has a market cap of $96.54 billion, a price-to-earnings ratio of 29.56, a PEG ratio of 3.24 and a beta of 0.98. Estée Lauder Companies has a fifty-two week low of $225.39 and a fifty-two week high of $374.20.
Insider Activity at Estée Lauder Companies
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In related news, EVP Carl P. Haney sold 548 shares of the firm’s stock in a transaction that occurred on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total transaction of $144,606.24. Following the transaction, the executive vice president now owns 3,296 shares in the company, valued at approximately $869,748.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, EVP Carl P. Haney sold 1,965 shares of Estée Lauder Companies stock in a transaction on Thursday, May 26th. The stock was sold at an average price of $237.92, for a total transaction of $467,512.80. Following the completion of the transaction, the executive vice president now directly owns 4,515 shares of the company’s stock, valued at $1,074,208.80. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Carl P. Haney sold 548 shares of the business’s s tock in a transaction on Friday, June 3rd. The stock was sold at an average price of $263.88, for a total value of $144,606.24. Following the completion of the transaction, the executive vice president now directly owns 3,296 shares of the company’s stock, valued at $869,748.48. The disclosure for this sale can be found here. Insiders have sold 3,671 shares of company stock valued at $888,117 over the last quarter. 12.91% of the stock is owned by insiders.
Institutional Investors Weigh In On Estée Lauder Companies
A number of institutional investors have recently added to or reduced their stakes in EL. Nicolet Bankshares Inc. raised its stake in Estée Lauder Companies by 5.9% during the second quarter. Nicolet Bankshares Inc. now owns 3,892 shares of the company’s stock valued at $991,000 after buying an additional 218 shares in the last quarter. Advisors Asset Management Inc. grew its holdings in Estée Lauder Companies by 23.3% in the 2nd quarter. Advisors Asset Management Inc. now owns 15,971 shares of the company’s stock worth $4,067,000 after buying an additional 3,018 shares in the last quarter. Baird Financial Group Inc. boosted its stake in Estée Lauder Companies by 18.1% during the 2nd quarter. Baird Financial Group Inc. now owns 102,087 shares of the company’s stock valued at $25,999,000 after purchasing an additional 15,621 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in Estée Lauder Companies by 79.2% during the 2nd quarter. Oppenheimer Asset Managementm ent Inc. now owns 7,611 shares of the company’s stock valued at $1,939,000 after purchasing an additional 3,363 shares in the last quarter. Finally, Oppenheimer & Co. Inc. boosted its stake in Estée Lauder Companies by 2.5% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 2,799 shares of the company’s stock valued at $713,000 after purchasing an additional 67 shares in the last quarter. Hedge funds and other institutional investors own 58.85% of the company’s stock.
Estée Lauder Companies Company Profile
(Get Rating)
The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, 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.
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