Meridith Webster, Executive Vice President of Global Communications and Public Affairs at The Estee Lauder Companies Inc. (NYSE:EL), sold 4,177 shares of Class A Common Stock on November 13, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The transaction was valued at $467,824, with shares priced at $112.00 each.
The sale price was marginally above the stock's current level of $111.75. The disposal comes as Estee Lauder shares have advanced 39% over the past six months, with the stock trading close to a fair value estimate. Following the transaction, Webster directly holds zero shares of Class A Common Stock.
The filing was signed by Annalisa Loeffler as attorney-in-fact for Webster.
In separate recent news, Estee Lauder reported first-quarter fiscal 2027 results that exceeded expectations. Adjusted earnings came in at $0.72 per share, above the Wall Street estimate of $0.51. Revenue rose to $3.72 billion, surpassing the anticipated $3.64 billion and reflecting 7% sales growth. The company also raised its full-year outlook for sales, profit, margin, and cash flow, citing growth in fragrance and improving momentum in China, the U.S., and emerging markets.
Analysts responded to the quarterly performance with revised price targets. Goldman Sachs lifted its target to $129 while maintaining a Conviction Buy rating. BofA Securities increased its target to $128, pointing to improved gross margin expectations and a positive outlook for fiscal 2030 earnings. Wells Fargo adjusted its target to $110, acknowledging strong volume growth in the first quarter.
Estee Lauder has also set financial targets through fiscal 2030, aiming for mid-single-digit annual organic sales growth and double-digit adjusted earnings per share growth, supported by the recovery in China. The company is targeting an adjusted operating margin of 16.5% to 18.5% by fiscal 2030.
The stock closed at $111.75 on November 13, up $1.24 or 1.12%.