Jacobson & Schmitt Advisors LLC Lowers Holdings in e.l.f. Beauty $ELF

Jacobson & Schmitt Advisors LLC lowered its position in e.l.f. Beauty (NYSE:ELF) by 31.9% in the third quarter, Holdings Channel.com reports. The fund owned 140,420 shares of the company’s stock after selling 65,673 shares during the period. e.l.f. Beauty makes up 3.2% of Jacobson & Schmitt Advisors LLC’s investment portfolio, making the stock its 10th largest holding. Jacobson & Schmitt Advisors LLC’s holdings in e.l.f. Beauty were worth $18,603,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Verus Capital Partners LLC bought a new stake in shares of e.l.f. Beauty during the third quarter valued at approximately $313,000. OneDigital Investment Advisors LLC bought a new stake in e.l.f. Beauty in the 3rd quarter valued at $267,000. Mitsubishi UFJ Asset Management UK Ltd. acquired a new position in shares of e.l.f. Beauty in the 3rd quarter valued at $265,000. NewEdge Wealth LLC bought a new position in shares of e.l.f. Beauty during the 3rd quarter worth about $516,000. Finally, GSA Capital Partners LLP boosted its position in shares of e.l.f. Beauty by 5.9% during the 3rd quarter. GSA Capital Partners LLP now owns 6,151 shares of the company’s stock valued at $815,000 after acquiring an additional 345 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Zacks Research upgraded e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. UBS Group upped their target price on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Wall Street Zen raised shares of e.l.f. Beauty from a “sell” rating to a “hold” rating in a report on Saturday, January 24th. Citigroup boosted their price target on shares of e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their price objective 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. One equities 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’s stock. According to data from MarketBeat.com, e.l.f. Beauty presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.13.

e.l.f. Beauty Stock Up 5.3%

Shares of NYSE:ELF opened at $94.85 on Wednesday. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. The firm has a market cap of $5.60 billion, a P/E ratio of 53.59, a P/E/G ratio of 7.56 and a beta of 1.71. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The company’s 50-day moving average price is $83.65 and its two-hundred day moving average price is $102.44.

e.l.f. Beauty (NYSE:ELF) last announced its earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, topping analysts’ consensus estimates 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 company had revenue of $489.51 million during the quarter, compared to the consensus estimate of $461.78 million. During the same period in the previous year, the firm posted $0.74 earnings per share. The company’s revenue was up 37.8% on a year-over-year basis. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, research analysts forecast that e.l.f. Beauty will post 2.38 EPS 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.