Baillie Gifford & Co. Reduces Holdings in ODDITY Tech Ltd. $ODD

Baillie Gifford & Co. lowered its stake in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 1.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,045,720 shares of the company’s stock after selling 71,951 shares during the quarter. Baillie Gifford & Co. owned about 10.83% of ODDITY Tech worth $376,648,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of ODD. State of New Jersey Common Pension Fund D increased its holdings in ODDITY Tech by 74.9% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 14,323 shares of the company’s stock worth $1,081,000 after buying an additional 6,132 shares during the period. JPMorgan Chase & Co. lifted its stake in ODDITY Tech by 378.5% during the 2nd quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after acquiring an additional 531,334 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of ODDITY Tech in the 2nd quarter valued at $1,029,000. Jennison Associates LLC acquired a new stake in shares of ODDITY Tech in the second quarter worth $423,000. Finally, Yorktown Management & Research Co Inc acquired a new stake in shares of ODDITY Tech in the second quarter worth $426,000. 35.88% of the stock is currently owned by institutional investors and hedge funds.

ODDITY Tech Price Performance

NASDAQ:ODD opened at $35.42 on Friday. The stock has a market capitalization of $1.98 billion, a PE ratio of 19.79, a price-to-earnings-growth ratio of 1.40 and a beta of 3.17. ODDITY Tech Ltd. has a 52 week low of $33.06 and a 52 week high of $79.18. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53. The stock’s 50-day moving average price is $40.04 and its 200-day moving average price is $52.17.

ODDITY Tech (NASDAQ:ODD) last issued its quarterly earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.35 by $0.05. The company had revenue of $147.90 million for the quarter, compared to the consensus estimate of $145.44 million. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.ODDITY Tech’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.32 earnings per share. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. As a group, equities analysts expect that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. KeyCorp lowered their price target on shares of ODDITY Tech from $70.00 to $50.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. JPMorgan Chase & Co. decreased their price objective on ODDITY Tech from $67.00 to $59.00 and set an “overweight” rating for the company in a report on Friday, December 12th. Morgan Stanley lowered their target price on ODDITY Tech from $61.00 to $49.00 and set an “equal weight” rating on the stock in a research note on Friday, November 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $72.00 target price on shares of ODDITY Tech in a report on Thursday, November 20th. Finally, Wall Street Zen upgraded ODDITY Tech from a “sell” rating to a “hold” rating in a research report on Sunday, November 30th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $64.40.

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. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.