Fieldview Capital Management LLC Sells 23,415 Shares of e.l.f. Beauty $ELF

Fieldview Capital Management LLC trimmed its position in shares of e.l.f. Beauty (NYSE:ELF) by 75.5% during the 3rd quarter, Holdings Channel reports. The fund owned 7,598 shares of the company’s stock after selling 23,415 shares during the period. Fieldview Capital Management LLC’s holdings in e.l.f. Beauty were worth $1,007,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Granite Investment Partners LLC purchased a new stake in e.l.f. Beauty during the second quarter valued at $20,778,000. Tran Capital Management L.P. purchased a new position in shares of e.l.f. Beauty in the 3rd quarter worth $7,436,000. WASHINGTON TRUST Co grew its stake in shares of e.l.f. Beauty by 20.6% in the 2nd quarter. WASHINGTON TRUST Co now owns 131,863 shares of the company’s stock worth $16,409,000 after buying an additional 22,480 shares in the last quarter. Mackenzie Financial Corp increased its holdings in shares of e.l.f. Beauty by 11.0% in the 2nd quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock worth $119,206,000 after buying an additional 95,270 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of e.l.f. Beauty by 0.3% in the 3rd quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock worth $708,377,000 after buying an additional 14,651 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ELF has been the subject of a number of analyst reports. Jefferies Financial Group began coverage on shares of e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price target for the company. Wall Street Zen raised e.l.f. Beauty from a “sell” rating to a “hold” rating in a research note on Saturday, January 24th. Robert W. Baird set a $115.00 price objective on e.l.f. Beauty in a research report on Thursday, February 5th. UBS Group raised their price objective on e.l.f. Beauty from $98.00 to $102.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. Finally, Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, e.l.f. Beauty has an average rating of “Moderate Buy” and a consensus price target of $119.13.

e.l.f. Beauty Trading Down 6.2%

Shares of ELF opened at $77.34 on Tuesday. The company’s fifty day simple moving average is $84.68 and its 200-day simple moving average is $100.30. The company has a market cap of $4.57 billion, a P/E ratio of 43.69, a P/E/G ratio of 6.92 and a beta of 1.67. 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 twelve month low of $49.40 and a twelve month high of $150.99.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, topping 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 net margin of 6.84% and a return on equity of 15.08%. The firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, analysts expect that e.l.f. Beauty will post 2.38 EPS for the current 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.