Schroder Investment Management Group Increases Stock Holdings in e.l.f. Beauty $ELF

Schroder Investment Management Group increased its stake in shares of e.l.f. Beauty (NYSE:ELF) by 4,579.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 207,209 shares of the company’s stock after purchasing an additional 202,781 shares during the quarter. Schroder Investment Management Group’s holdings in e.l.f. Beauty were worth $27,451,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Diversify Advisory Services LLC lifted its position in e.l.f. Beauty by 3.7% in the third quarter. Diversify Advisory Services LLC now owns 6,538 shares of the company’s stock worth $791,000 after buying an additional 231 shares during the last quarter. Natixis Advisors LLC boosted its stake in e.l.f. Beauty by 65.4% during the third quarter. Natixis Advisors LLC now owns 26,381 shares of the company’s stock worth $3,495,000 after buying an additional 10,434 shares during the period. First Trust Advisors LP bought a new position in e.l.f. Beauty during the third quarter valued at $4,502,000. Orion Porfolio Solutions LLC increased its position in e.l.f. Beauty by 10.0% during the third quarter. Orion Porfolio Solutions LLC now owns 3,190 shares of the company’s stock valued at $423,000 after acquiring an additional 290 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of e.l.f. Beauty by 14.5% in the third quarter. Dimensional Fund Advisors LP now owns 526,226 shares of the company’s stock valued at $69,709,000 after acquiring an additional 66,572 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ELF. Citigroup raised their target price on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. TD Cowen cut their price target on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, February 9th. UBS Group increased their price objective on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $92.00 price objective on shares of e.l.f. Beauty in a research note on Thursday, January 29th. Finally, Piper Sandler cut their target price on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $119.13.

e.l.f. Beauty Stock Down 9.5%

Shares of ELF opened at $72.35 on Friday. The firm has a market capitalization of $4.27 billion, a P/E ratio of 40.87, a P/E/G ratio of 6.71 and a beta of 1.68. e.l.f. Beauty has a 12-month low of $49.40 and a 12-month high of $150.99. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. The firm has a fifty day moving average price of $84.75 and a 200-day moving average price of $99.70.

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

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.