e.l.f. Beauty $ELF Stock Holdings Lessened by Strs Ohio

Strs Ohio cut its stake in shares of e.l.f. Beauty (NYSE:ELF) by 67.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,309 shares of the company’s stock after selling 15,000 shares during the quarter. Strs Ohio’s holdings in e.l.f. Beauty were worth $968,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. EverSource Wealth Advisors LLC raised its position 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 worth $32,000 after purchasing an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings 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 buying an additional 117 shares during the period. MAI Capital Management lifted its stake in e.l.f. Beauty by 129.1% during the second quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after buying an additional 222 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of e.l.f. Beauty in the second quarter worth about $49,000. Finally, Huntington National Bank increased its position in shares of e.l.f. Beauty by 133.3% in the second quarter. Huntington National Bank now owns 427 shares of the company’s stock worth $53,000 after acquiring an additional 244 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ELF has been the subject of several research analyst reports. TD Cowen upped their price target on shares of e.l.f. Beauty from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, January 21st. Raymond James Financial increased their target price on e.l.f. Beauty from $155.00 to $165.00 and gave the company a “strong-buy” rating in a report on Monday, October 20th. The Goldman Sachs Group lowered their price target on e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Robert W. Baird reduced their price objective on e.l.f. Beauty from $145.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $120.94.

e.l.f. Beauty Price Performance

ELF opened at $85.06 on Thursday. The stock has a fifty day moving average price of $80.76 and a 200 day moving average price of $106.51. The company has a current ratio of 2.70, a quick ratio of 1.76 and a debt-to-equity ratio of 0.73. e.l.f. Beauty has a 1 year low of $49.40 and a 1 year high of $150.99. The stock has a market cap of $5.07 billion, a price-to-earnings ratio of 59.90, a PEG ratio of 8.18 and a beta of 1.73.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.11. The business had revenue of $343.94 million during the quarter, compared to analyst estimates of $367.89 million. e.l.f. Beauty had a return on equity of 13.77% and a net margin of 5.90%.The firm’s revenue was up 14.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.77 EPS. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Analysts forecast that e.l.f. Beauty will post 2.38 EPS for the current fiscal year.

e.l.f. Beauty 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.