Capital World Investors Has $87.69 Million Stake in e.l.f. Beauty $ELF

Capital World Investors raised its holdings in e.l.f. Beauty (NYSE:ELF) by 2.1% in the third quarter, HoldingsChannel.com reports. The firm owned 661,936 shares of the company’s stock after purchasing an additional 13,880 shares during the quarter. Capital World Investors’ holdings in e.l.f. Beauty were worth $87,693,000 as of its most recent filing with the Securities & Exchange Commission.

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

Analyst Ratings Changes

ELF has been the subject of several analyst reports. UBS Group boosted their target price on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. TD Cowen decreased 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 note on Monday, February 9th. Piper Sandler cut their target price on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, December 22nd. Citigroup raised their target price on e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, February 5th. Finally, Jefferies Financial Group began 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 on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $119.13.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $72.35 on Friday. The stock’s 50-day moving average is $84.75 and its 200-day moving average is $99.70. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year 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 stock has a market cap of $4.27 billion, a P/E ratio of 40.87, a price-to-earnings-growth ratio of 6.71 and a beta of 1.68.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data 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 net margin of 6.84% and a return on equity of 15.08%. The business had revenue of $489.51 million during the quarter, compared to analyst estimates of $461.78 million. During the same quarter last year, the business earned $0.74 EPS. The firm’s quarterly 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 anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.

e.l.f. Beauty Company Profile

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.