BW Gestao de Investimentos Ltda. Has $3.18 Million Position in e.l.f. Beauty $ELF

BW Gestao de Investimentos Ltda. reduced its position in shares of e.l.f. Beauty (NYSE:ELF) by 29.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 24,000 shares of the company’s stock after selling 10,200 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in e.l.f. Beauty were worth $3,180,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Marshall Wace LLP bought a new position in e.l.f. Beauty in the 2nd quarter valued at approximately $118,058,000. Atreides Management LP acquired a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $61,479,000. Man Group plc bought a new stake in e.l.f. Beauty during the 2nd quarter worth approximately $52,316,000. American Century Companies Inc. grew its holdings in e.l.f. Beauty by 148.5% during the 2nd quarter. American Century Companies Inc. now owns 490,928 shares of the company’s stock worth $61,091,000 after acquiring an additional 293,369 shares during the last quarter. Finally, Baird Financial Group Inc. acquired a new position in e.l.f. Beauty in the 2nd quarter valued at approximately $36,245,000. Institutional investors and hedge funds own 92.44% of the company’s stock.

e.l.f. Beauty Stock Down 6.2%

Shares of NYSE ELF opened at $77.34 on Tuesday. The company’s 50 day moving average price is $84.68 and its 200-day moving average price is $100.30. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.89 and a current ratio of 2.76. e.l.f. Beauty has a 52-week low of $49.40 and a 52-week high of $150.99. The company has a market capitalization of $4.57 billion, a P/E ratio of 43.69, a price-to-earnings-growth ratio of 6.92 and a beta of 1.67.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.52. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. The company had revenue of $489.51 million during the quarter, compared to analysts’ expectations of $461.78 million. During the same period in the prior year, the company posted $0.74 earnings per share. e.l.f. Beauty’s revenue for the quarter was up 37.8% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities analysts forecast that e.l.f. Beauty will post 2.38 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ELF shares. UBS Group lifted their price target on shares of e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Jefferies Financial Group initiated coverage on e.l.f. Beauty in a report on Wednesday, January 14th. They issued a “buy” rating and a $110.00 price objective for the company. Robert W. Baird set a $115.00 target price on e.l.f. Beauty in a research report on Thursday, February 5th. Citigroup lifted their target price on e.l.f. Beauty from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. Finally, TD Cowen reduced their price target on e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $119.13.

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.