Blair William & Co. IL Sells 6,672 Shares of e.l.f. Beauty $ELF

Blair William & Co. IL decreased its holdings in shares of e.l.f. Beauty (NYSE:ELF) by 8.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 68,027 shares of the company’s stock after selling 6,672 shares during the quarter. Blair William & Co. IL owned approximately 0.11% of e.l.f. Beauty worth $9,012,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in e.l.f. Beauty by 9.9% in the 1st quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock valued at $9,650,000 after acquiring an additional 13,851 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in shares of e.l.f. Beauty by 168.6% during the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock worth $407,000 after acquiring an additional 4,069 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in e.l.f. Beauty by 176.4% in the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock valued at $294,000 after buying an additional 2,985 shares during the period. United Services Automobile Association acquired a new stake in e.l.f. Beauty during the first quarter worth approximately $240,000. Finally, Huntington National Bank increased its stake in e.l.f. Beauty by 133.3% in the second quarter. Huntington National Bank now owns 427 shares of the company’s stock valued at $53,000 after purchasing an additional 244 shares in the last quarter. 92.44% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ELF shares. Zacks Research raised shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Jefferies Financial Group began coverage on e.l.f. Beauty in a research note on Wednesday, January 14th. They set a “buy” rating and a $110.00 price target for the company. Piper Sandler dropped their target price on 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. Citigroup boosted their price objective on e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. Finally, TD Cowen cut their target price on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating for the company in a research note on Monday, February 9th. One investment 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 MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.13.

e.l.f. Beauty Price Performance

Shares of NYSE:ELF opened at $77.34 on Tuesday. The company’s fifty day moving average is $84.68 and its 200 day moving average is $100.30. The company has a quick ratio of 1.89, a current ratio of 2.76 and a debt-to-equity ratio of 0.70. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The stock has a market cap of $4.57 billion, a PE ratio of 43.69, a PEG ratio of 6.92 and a beta of 1.67.

e.l.f. Beauty (NYSE:ELF) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.52. The business had revenue of $489.51 million for 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 business’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Research analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current 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.