Estate Counselors LLC Acquires New Stake in e.l.f. Beauty $ELF

Estate Counselors LLC bought a new position in shares of e.l.f. Beauty (NYSE:ELF) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 28,492 shares of the company’s stock, valued at approximately $3,775,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its position in shares of e.l.f. Beauty by 97.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 260 shares of the company’s stock valued at $32,000 after acquiring an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in e.l.f. Beauty by 58.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 317 shares of the company’s stock valued at $39,000 after purchasing an additional 117 shares in the last quarter. MAI Capital Management lifted its position in e.l.f. Beauty by 129.1% during the second quarter. MAI Capital Management now owns 394 shares of the company’s stock valued at $49,000 after purchasing an additional 222 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in e.l.f. Beauty during the second quarter valued at approximately $49,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in e.l.f. Beauty by 29.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 384 shares of the company’s stock worth $52,000 after buying an additional 87 shares in the last quarter. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ELF shares. JPMorgan Chase & Co. lowered their price objective on shares of e.l.f. Beauty from $137.00 to $103.00 and set an “overweight” rating on the stock in a research report on Thursday, December 18th. Piper Sandler lowered their price target 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. Morgan Stanley set a $121.00 price target on e.l.f. Beauty in a research note on Thursday, November 6th. TD Cowen increased their price objective on e.l.f. Beauty from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $120.94.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $94.17 on Monday. 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 fifty-two week low of $49.40 and a fifty-two week high of $150.99. The firm has a market cap of $5.62 billion, a PE ratio of 66.31, a price-to-earnings-growth ratio of 8.88 and a beta of 1.73. The business has a 50 day moving average price of $79.89 and a 200-day moving average price of $107.01.

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

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.