Sarasin & Partners LLP Has $4.17 Million Stake in e.l.f. Beauty $ELF

Sarasin & Partners LLP increased its position in shares of e.l.f. Beauty (NYSE:ELF) by 21.8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 54,849 shares of the company’s stock after acquiring an additional 9,808 shares during the period. Sarasin & Partners LLP owned about 0.09% of e.l.f. Beauty worth $4,171,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake 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 valued at $32,000 after purchasing an additional 128 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in e.l.f. Beauty by 58.5% in 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 last quarter. Elevation Point Wealth Partners LLC bought a new position in e.l.f. Beauty in the 2nd quarter valued at approximately $49,000. MAI Capital Management boosted its position in 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 buying an additional 222 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in e.l.f. Beauty by 29.3% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after buying an additional 87 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on ELF. JPMorgan Chase & Co. upped their price target on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a report on Monday, January 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. Citigroup increased their price objective 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 assumed coverage on e.l.f. Beauty in a research report on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $122.07.

e.l.f. Beauty Stock Down 1.2%

e.l.f. Beauty stock opened at $72.50 on Friday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The firm has a 50 day moving average price of $83.73 and a two-hundred day moving average price of $97.46. The firm has a market cap of $4.28 billion, a price-to-earnings ratio of 40.96, a PEG ratio of 6.09 and a beta of 1.68.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 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 company had revenue of $489.51 million for the quarter, compared to analyst estimates of $461.78 million. During the same period in the prior year, the firm posted $0.74 EPS. The company’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 analysts predict that e.l.f. Beauty will post 2.38 EPS 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.