Sarasin & Partners LLP Acquires 9,808 Shares of e.l.f. Beauty $ELF

Sarasin & Partners LLP lifted its stake in shares of e.l.f. Beauty (NYSE:ELF) by 21.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 54,849 shares of the company’s stock after buying an additional 9,808 shares during the period. Sarasin & Partners LLP’s holdings in e.l.f. Beauty were worth $4,171,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in e.l.f. Beauty by 9.9% in the first quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock worth $9,650,000 after purchasing an additional 13,851 shares during the period. Integrated Wealth Concepts LLC grew its stake in shares of e.l.f. Beauty by 168.6% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock valued at $407,000 after buying an additional 4,069 shares during the period. NewEdge Advisors LLC increased its position in e.l.f. Beauty by 176.4% in the 1st quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock valued at $294,000 after buying an additional 2,985 shares in the last quarter. United Services Automobile Association acquired a new position in e.l.f. Beauty during the 1st quarter worth approximately $240,000. Finally, ProShare Advisors LLC bought a new position in e.l.f. Beauty in the second quarter worth approximately $311,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

Wall Street Analysts Forecast Growth

ELF has been the topic of a number of research reports. UBS Group upped their target price on 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. TD Cowen lowered 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 report on Monday, February 9th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $92.00 price objective on shares of e.l.f. Beauty in a report on Thursday, January 29th. JPMorgan Chase & Co. upped their target price on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Finally, Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $122.07.

e.l.f. Beauty Stock Down 1.2%

ELF opened at $72.50 on Friday. The company has a debt-to-equity ratio of 0.70, a current ratio of 2.76 and a quick ratio of 1.89. The company’s 50-day moving average is $83.73 and its 200 day moving average is $97.46. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The firm has a market capitalization of $4.28 billion, a P/E ratio of 40.96, a PEG ratio of 6.09 and a beta of 1.68.

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, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $461.78 million. During the same period in the previous year, the company earned $0.74 earnings per share. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Research analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal 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.