Capital International Investors Has $124.11 Million Stock Position in e.l.f. Beauty $ELF

Capital International Investors increased its stake in shares of e.l.f. Beauty (NYSE:ELF) by 11.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 936,831 shares of the company’s stock after acquiring an additional 99,594 shares during the period. Capital International Investors owned about 1.57% of e.l.f. Beauty worth $124,111,000 as of its most recent filing with the SEC.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group began coverage on shares of e.l.f. Beauty in a report on Wednesday, January 14th. They set a “buy” rating and a $110.00 target price on the stock. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $92.00 price target on shares of e.l.f. Beauty in a research note on Thursday, January 29th. Weiss Ratings restated a “hold (c)” rating on shares of e.l.f. Beauty in a research note on Wednesday, January 21st. Robert W. Baird set a $115.00 target price on shares of e.l.f. Beauty in a report on Thursday, February 5th. Finally, Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, e.l.f. Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $119.13.

e.l.f. Beauty Price Performance

e.l.f. Beauty stock opened at $79.88 on Thursday. The company has a market capitalization of $4.72 billion, a price-to-earnings ratio of 45.13, a PEG ratio of 6.76 and a beta of 1.68. The company has a current ratio of 2.76, a quick ratio of 1.89 and a debt-to-equity ratio of 0.70. e.l.f. Beauty has a 12 month low of $49.40 and a 12 month high of $150.99. The stock’s 50 day moving average is $84.82 and its 200-day moving average is $99.89.

e.l.f. Beauty (NYSE:ELF) last released its quarterly earnings results 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. The business had revenue of $489.51 million during 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 firm’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period last year, the firm posted $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Equities research analysts expect that e.l.f. Beauty will post 2.38 EPS 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.