Vanguard Group Inc. Acquires 14,651 Shares of e.l.f. Beauty $ELF

Vanguard Group Inc. increased its holdings in e.l.f. Beauty (NYSE:ELF) by 0.3% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,347,046 shares of the company’s stock after purchasing an additional 14,651 shares during the period. Vanguard Group Inc. owned approximately 9.01% of e.l.f. Beauty worth $708,377,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. EverSource Wealth Advisors LLC lifted its stake in e.l.f. Beauty by 97.0% in 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 last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of 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 acquiring an additional 117 shares during the last quarter. MAI Capital Management lifted its stake in shares of e.l.f. Beauty by 129.1% in the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after acquiring an additional 222 shares during the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in e.l.f. Beauty during the 2nd quarter valued at about $49,000. Finally, Whittier Trust Co. of Nevada Inc. grew 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 acquiring an additional 87 shares during the last quarter. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on ELF. 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 target price on the stock. Robert W. Baird set a $115.00 price target on shares of e.l.f. Beauty in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $92.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, January 29th. Piper Sandler dropped their price objective on e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating for the company in a report on Monday, December 22nd. Finally, Morgan Stanley set a $121.00 target price on e.l.f. Beauty in a research note on Thursday, November 6th. One investment 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. According to data from MarketBeat, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and an average target price of $119.13.

e.l.f. Beauty Stock Performance

e.l.f. Beauty stock opened at $90.15 on Tuesday. e.l.f. Beauty has a fifty-two week low of $49.40 and a fifty-two week high of $150.99. The stock’s 50 day simple moving average is $83.33 and its two-hundred day simple moving average is $102.49. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 50.93, a PEG ratio of 7.90 and a beta of 1.71.

e.l.f. Beauty (NYSE:ELF) last released its earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, beating analysts’ consensus estimates of $0.72 by $0.52. The company 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 firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same quarter last year, the business posted $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 earnings per share 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.