Rep. Julie Johnson Buys The Estée Lauder Companies Inc. (NYSE:EL) Stock

Representative Julie Johnson (D-Texas) recently bought shares of The Estée Lauder Companies Inc. (NYSE:EL). In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Estée Lauder Companies stock on January 15th. The trade occurred in the Representative’s “MERRILL LYNCH TAX EFFICIENT CORE” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Dell Technologies (NYSE:DELL) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of PepsiCo (NASDAQ:PEP) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of ALLETE (NYSE:ALE) on 1/28/2025.
• Sold $1,001 – $15,000 in shares of PPG Industries (NYSE:PPG) on 1/27/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 1/24/2025.
• Sold $1,001 – $15,000 in shares of Morgan Stanley (NYSE:MS) on 1/24/2025.
• Purchased $1,001 – $15,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 1/17/2025.

Estée Lauder Companies Price Performance

Estée Lauder Companies stock traded down $0.88 during mid-day trading on Friday, hitting $68.80. 3,714,764 shares of the company were exchanged, compared to its average volume of 4,619,071. The company has a quick ratio of 0.90, a current ratio of 1.37 and a debt-to-equity ratio of 1.75. The business has a fifty day moving average of $75.85 and a 200 day moving average of $81.94. The Estée Lauder Companies Inc. has a 1-year low of $62.29 and a 1-year high of $159.54. The company has a market capitalization of $24.70 billion, a PE ratio of -35.28, a price-to-earnings-growth ratio of 5.43 and a beta of 1.03.

Estée Lauder Companies (NYSE:EL) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.32 by $0.30. Estée Lauder Companies had a positive return on equity of 16.82% and a negative net margin of 4.61%. The firm had revenue of $4 billion during the quarter, compared to analyst estimates of $3.98 billion. During the same period in the prior year, the company posted $0.88 earnings per share. The business’s revenue for the quarter was down 6.4% compared to the same quarter last year. As a group, sell-side analysts expect that The Estée Lauder Companies Inc. will post 1.37 earnings per share for the current year.

Estée Lauder Companies Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.40 annualized dividend and a yield of 2.04%. Estée Lauder Companies’s dividend payout ratio is currently -71.79%.

Analyst Upgrades and Downgrades

Several analysts have recently commented on EL shares. Piper Sandler increased their target price on Estée Lauder Companies from $91.00 to $98.00 and gave the stock an “overweight” rating in a report on Wednesday, January 29th. DA Davidson restated a “buy” rating and set a $81.00 target price on shares of Estée Lauder Companies in a report on Wednesday, February 5th. Canaccord Genuity Group decreased their target price on Estée Lauder Companies from $76.00 to $70.00 and set a “hold” rating on the stock in a report on Wednesday, February 5th. Barclays decreased their target price on Estée Lauder Companies from $71.00 to $64.00 and set an “equal weight” rating on the stock in a report on Thursday, February 6th. Finally, Wells Fargo & Company increased their target price on Estée Lauder Companies from $74.00 to $80.00 and gave the stock an “equal weight” rating in a report on Thursday, January 30th. Twenty analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $86.00.

Hedge Funds Weigh In On Estée Lauder Companies

Institutional investors have recently modified their holdings of the business. Ameliora Wealth Management Ltd. acquired a new position in shares of Estée Lauder Companies during the 4th quarter worth approximately $29,000. Deseret Mutual Benefit Administrators increased its position in shares of Estée Lauder Companies by 68.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 388 shares of the company’s stock worth $29,000 after purchasing an additional 158 shares during the last quarter. Eagle Bay Advisors LLC increased its position in shares of Estée Lauder Companies by 297.0% during the 4th quarter. Eagle Bay Advisors LLC now owns 401 shares of the company’s stock worth $30,000 after purchasing an additional 300 shares during the last quarter. Golden State Wealth Management LLC acquired a new position in shares of Estée Lauder Companies during the 4th quarter worth approximately $30,000. Finally, Ashton Thomas Securities LLC acquired a new position in shares of Estée Lauder Companies during the 3rd quarter worth approximately $31,000. Institutional investors own 55.15% of the company’s stock.

Insider Buying and Selling

In other news, Director Paul J. Fribourg acquired 43,000 shares of the stock in a transaction on Wednesday, February 5th. The shares were purchased at an average price of $66.35 per share, for a total transaction of $2,853,050.00. Following the transaction, the director now directly owns 430,800 shares of the company’s stock, valued at approximately $28,583,580. This represents a 11.09 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Akhil Shrivastava acquired 700 shares of the stock in a transaction on Wednesday, February 5th. The shares were purchased at an average price of $65.79 per share, for a total transaction of $46,053.00. Following the transaction, the chief financial officer now directly owns 2,381 shares in the company, valued at approximately $156,645.99. This trade represents a 41.64 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last three months, insiders have acquired 119,200 shares of company stock valued at $7,801,318. 12.78% of the stock is owned by insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Estée Lauder Companies

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, and powders, as well as compacts, brushes, and other makeup tools.