e.l.f. Beauty $ELF Stake Raised by Capital Research Global Investors

Capital Research Global Investors boosted its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 11.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 546,232 shares of the company’s stock after acquiring an additional 57,241 shares during the quarter. Capital Research Global Investors owned 0.92% of e.l.f. Beauty worth $72,365,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in ELF. EverSource Wealth Advisors LLC boosted its holdings in shares of e.l.f. Beauty by 97.0% during the second quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after purchasing an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of e.l.f. Beauty by 58.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after buying an additional 117 shares during the period. MAI Capital Management grew its holdings in shares of e.l.f. Beauty by 129.1% during the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after acquiring an additional 222 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of e.l.f. Beauty in the second quarter worth $49,000. Finally, Whittier Trust Co. of Nevada Inc. raised its holdings in shares of e.l.f. Beauty by 29.3% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after acquiring an additional 87 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Trading Down 0.8%

e.l.f. Beauty stock opened at $79.88 on Thursday. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. The firm has a market capitalization of $4.72 billion, a PE ratio of 45.13, a PEG ratio of 6.76 and a beta of 1.68. The business’s 50-day simple moving average is $84.82 and its 200-day simple moving average is $99.89.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.52. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The firm had revenue of $489.51 million for the quarter, compared to analyst estimates of $461.78 million. During the same quarter last year, the firm posted $0.74 EPS. The company’s revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities research analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Analyst Ratings Changes

Several research analysts have weighed in on ELF shares. Citigroup upped their target price on e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, February 5th. Jefferies Financial Group started coverage on e.l.f. Beauty in a research note on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price target for the company. TD Cowen cut their price objective on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. JPMorgan Chase & Co. lifted their target price on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Finally, Piper Sandler decreased their target price on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a research report on Monday, December 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $119.13.

About e.l.f. Beauty

e.l.f. Beauty (NYSE: ELF) is an American cosmetics company known for offering an extensive range of affordable, trend-driven makeup and skincare products. The company’s portfolio spans foundations, lipsticks, mascaras, brushes, serums, masks and other beauty essentials, all positioned at accessible price points. e.l.f. Beauty maintains a direct-to-consumer platform through its e-commerce site and engages in widespread retail partnerships with major chains such as Target, Walmart, Ulta Beauty and Amazon.

Founded in 2004 and headquartered in Oakland, California, e.l.f.