Nuveen LLC Purchases New Holdings in ODDITY Tech Ltd. $ODD

Nuveen LLC purchased a new stake in ODDITY Tech Ltd. (NASDAQ:ODD) during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 27,280 shares of the company’s stock, valued at approximately $1,180,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sheets Smith Wealth Management increased its position in ODDITY Tech by 1.5% in the 1st quarter. Sheets Smith Wealth Management now owns 20,792 shares of the company’s stock valued at $899,000 after acquiring an additional 315 shares during the period. Wells Fargo & Company MN boosted its holdings in ODDITY Tech by 17.6% in the 4th quarter. Wells Fargo & Company MN now owns 2,999 shares of the company’s stock valued at $126,000 after purchasing an additional 449 shares in the last quarter. California State Teachers Retirement System boosted its holdings in ODDITY Tech by 1.7% in the 4th quarter. California State Teachers Retirement System now owns 31,401 shares of the company’s stock valued at $1,319,000 after purchasing an additional 511 shares in the last quarter. Deutsche Bank AG boosted its holdings in ODDITY Tech by 65.0% in the 1st quarter. Deutsche Bank AG now owns 1,340 shares of the company’s stock valued at $58,000 after purchasing an additional 528 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in ODDITY Tech by 15.4% in the 1st quarter. Blue Trust Inc. now owns 7,573 shares of the company’s stock valued at $328,000 after purchasing an additional 1,008 shares in the last quarter. Institutional investors and hedge funds own 35.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ODD shares. Truist Financial lifted their price objective on ODDITY Tech from $65.00 to $78.00 and gave the company a “buy” rating in a report on Tuesday, July 29th. KeyCorp boosted their price target on ODDITY Tech from $65.00 to $90.00 and gave the stock an “overweight” rating in a research note on Monday, July 14th. Needham & Company LLC initiated coverage on ODDITY Tech in a research note on Thursday. They set a “buy” rating and a $72.00 price target on the stock. Morgan Stanley boosted their price target on ODDITY Tech from $56.00 to $61.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. Finally, Bank of America upped their target price on ODDITY Tech from $68.00 to $80.00 and gave the company a “buy” rating in a research note on Friday, June 27th. Six research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $74.56.

ODDITY Tech Stock Down 1.4%

Shares of ODDITY Tech stock opened at $60.21 on Monday. The company has a debt-to-equity ratio of 1.66, a current ratio of 6.32 and a quick ratio of 5.57. The company has a market capitalization of $3.36 billion, a PE ratio of 33.45, a P/E/G ratio of 2.87 and a beta of 3.25. ODDITY Tech Ltd. has a 1-year low of $32.71 and a 1-year high of $79.18. The business has a 50-day moving average of $67.43 and a 200-day moving average of $58.71.

ODDITY Tech (NASDAQ:ODD) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.04. ODDITY Tech had a return on equity of 32.17% and a net margin of 14.65%.The business had revenue of $241.14 million for the quarter, compared to analyst estimates of $237.44 million. During the same period in the prior year, the company posted $0.82 EPS. The business’s revenue was up 25.1% compared to the same quarter last year. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, equities analysts forecast that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

ODDITY Tech Company Profile

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products.