Estée Lauder Companies (NYSE:EL) Rating Reiterated by Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Estée Lauder Companies (NYSE:EL) in a report released on Tuesday morning, Benzinga reports. The firm currently has a $115.00 target price on the stock.

Several other research firms also recently issued reports on EL. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Estée Lauder Companies from $132.00 to $108.00 and set a hold rating on the stock in a report on Friday, August 9th. Citigroup cut their price target on shares of Estée Lauder Companies from $175.00 to $135.00 and set a buy rating on the stock in a report on Wednesday, July 10th. StockNews.com upgraded shares of Estée Lauder Companies from a sell rating to a hold rating in a report on Thursday, May 2nd. Barclays cut their price target on shares of Estée Lauder Companies from $136.00 to $117.00 and set an equal weight rating on the stock in a report on Friday, July 19th. Finally, UBS Group upgraded shares of Estée Lauder Companies to a hold rating in a report on Friday, July 12th. Sixteen investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Hold and a consensus price target of $140.23.

Estée Lauder Companies Stock Performance

EL opened at $94.97 on Tuesday. Estée Lauder Companies has a 52-week low of $86.05 and a 52-week high of $165.76. The company has a quick ratio of 1.15, a current ratio of 1.58 and a debt-to-equity ratio of 1.26. The company has a market cap of $34.05 billion, a P/E ratio of 53.35, a price-to-earnings-growth ratio of 1.79 and a beta of 0.99. The firm’s 50-day moving average price is $103.19 and its 200-day moving average price is $127.65.

Insider Activity

In other news, EVP Jane Lauder sold 14,976 shares of the stock in a transaction that occurred on Thursday, May 30th. The stock was sold at an average price of $121.26, for a total transaction of $1,815,989.76. Following the transaction, the executive vice president now owns 57,389 shares in the company, valued at approximately $6,958,990.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. In other Estée Lauder Companies news, insider Peter Jueptner sold 12,786 shares of the firm’s stock in a transaction on Wednesday, May 22nd. The stock was sold at an average price of $130.62, for a total value of $1,670,107.32. Following the transaction, the insider now owns 5,578 shares in the company, valued at approximately $728,598.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Jane Lauder sold 14,976 shares of the firm’s stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $121.26, for a total value of $1,815,989.76. Following the completion of the transaction, the executive vice president now owns 57,389 shares in the company, valued at approximately $6,958,990.14. The disclosure for this sale can be found here. Insiders own 12.77% of the company’s stock.

Institutional Trading of Estée Lauder Companies

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Wetzel Investment Advisors Inc. increased its stake in shares of Estée Lauder Companies by 8.3% in the 1st quarter. Wetzel Investment Advisors Inc. now owns 885 shares of the company’s stock worth $128,000 after acquiring an additional 68 shares during the last quarter. Tradewinds Capital Management LLC increased its position in shares of Estée Lauder Companies by 34.1% during the 1st quarter. Tradewinds Capital Management LLC now owns 295 shares of the company’s stock worth $45,000 after purchasing an additional 75 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in shares of Estée Lauder Companies by 0.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 16,682 shares of the company’s stock worth $2,440,000 after purchasing an additional 76 shares during the last quarter. Haverford Trust Co increased its position in shares of Estée Lauder Companies by 2.3% during the 1st quarter. Haverford Trust Co now owns 3,409 shares of the company’s stock worth $525,000 after purchasing an additional 78 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV increased its position in shares of Estée Lauder Companies by 25.6% during the 1st quarter. Massmutual Trust Co. FSB ADV now owns 402 shares of the company’s stock worth $62,000 after purchasing an additional 82 shares during the last quarter. 55.15% of the stock is owned by institutional investors and hedge funds.

Estée Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, 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.