Capital Research Global Investors Has $72.37 Million Position in e.l.f. Beauty $ELF

Capital Research Global Investors lifted its stake in e.l.f. Beauty (NYSE:ELF) by 11.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 546,232 shares of the company’s stock after acquiring an additional 57,241 shares during the period. Capital Research Global Investors’ holdings in e.l.f. Beauty were worth $72,365,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Whittier Trust Co. of Nevada Inc. raised its holdings in e.l.f. Beauty by 29.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock valued at $52,000 after acquiring an additional 87 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in shares of e.l.f. Beauty by 1.9% in the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 5,426 shares of the company’s stock valued at $719,000 after purchasing an additional 100 shares in the last quarter. State of Wyoming raised its stake in shares of e.l.f. Beauty by 7.1% in the third quarter. State of Wyoming now owns 1,595 shares of the company’s stock valued at $211,000 after purchasing an additional 106 shares in the last quarter. Securian Asset Management Inc. lifted its position in e.l.f. Beauty by 2.7% in the third quarter. Securian Asset Management Inc. now owns 4,442 shares of the company’s stock worth $588,000 after purchasing an additional 115 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased 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 period. 92.44% of the stock is currently owned by institutional investors.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $79.88 on Thursday. The stock has a market capitalization of $4.72 billion, a P/E ratio of 45.13, a price-to-earnings-growth ratio of 6.76 and a beta of 1.68. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $150.99. The firm has a 50 day moving average of $84.82 and a 200-day moving average of $99.89.

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

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Citigroup raised their price objective 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. Piper Sandler decreased their price objective on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, December 22nd. Deutsche Bank Aktiengesellschaft reiterated 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. Robert W. Baird set a $115.00 target price on e.l.f. Beauty in a research report on Thursday, February 5th. Finally, TD Cowen lowered their price target on 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. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $119.13.

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.