Baillie Gifford & Co. Decreases Stock Position in e.l.f. Beauty $ELF

Baillie Gifford & Co. lowered its position in shares of e.l.f. Beauty (NYSE:ELF) by 5.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,349,678 shares of the company’s stock after selling 421,093 shares during the period. e.l.f. Beauty makes up about 0.7% of Baillie Gifford & Co.’s investment portfolio, making the stock its 26th largest position. Baillie Gifford & Co. owned approximately 12.39% of e.l.f. Beauty worth $973,685,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. EverSource Wealth Advisors LLC increased its stake in e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock worth $32,000 after buying an additional 128 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of e.l.f. Beauty by 58.5% during the second 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 in the last quarter. MAI Capital Management increased its holdings in e.l.f. Beauty by 129.1% during the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock worth $49,000 after purchasing an additional 222 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of e.l.f. Beauty in the 2nd quarter valued at approximately $49,000. Finally, Huntington National Bank boosted its stake in shares of e.l.f. Beauty by 133.3% during the 2nd quarter. Huntington National Bank now owns 427 shares of the company’s stock valued at $53,000 after buying an additional 244 shares during the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Up 0.6%

e.l.f. Beauty stock opened at $94.17 on Friday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.76 and a current ratio of 2.70. e.l.f. Beauty has a one year low of $49.40 and a one year high of $150.99. The company has a 50-day simple moving average of $79.89 and a 200-day simple moving average of $107.16. The firm has a market capitalization of $5.62 billion, a P/E ratio of 66.31, a P/E/G ratio of 8.90 and a beta of 1.73.

e.l.f. Beauty (NYSE:ELF) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.11. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The firm had revenue of $343.94 million for the quarter, compared to the consensus estimate of $367.89 million. During the same period last year, the firm posted $0.77 EPS. e.l.f. Beauty’s quarterly revenue was up 14.2% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. As a group, equities analysts expect that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on ELF shares. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday. The Goldman Sachs Group cut their target price on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Friday, November 7th. Piper Sandler reduced their price target on shares of e.l.f. Beauty from $100.00 to $85.00 and set a “neutral” rating on the stock in a research report on Monday, December 22nd. UBS Group lowered their price objective on e.l.f. Beauty from $105.00 to $98.00 and set a “neutral” rating for the company in a report on Wednesday, January 14th. Finally, Citigroup assumed coverage on e.l.f. Beauty in a research note on Friday. They set a “buy” rating and a $110.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty has a consensus rating of “Moderate Buy” and a consensus price target of $120.94.

About e.l.f. Beauty

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.