Algert Global LLC Raises Stock Position in e.l.f. Beauty $ELF

Algert Global LLC increased its position in shares of e.l.f. Beauty (NYSE:ELF) by 100.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 74,665 shares of the company’s stock after acquiring an additional 37,325 shares during the period. Algert Global LLC owned approximately 0.13% of e.l.f. Beauty worth $9,892,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in e.l.f. Beauty by 0.3% during the third quarter. Vanguard Group Inc. now owns 5,347,046 shares of the company’s stock worth $708,377,000 after buying an additional 14,651 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of e.l.f. Beauty by 11.0% in the 2nd quarter. Mackenzie Financial Corp now owns 957,941 shares of the company’s stock valued at $119,206,000 after acquiring an additional 95,270 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of e.l.f. Beauty in the 2nd quarter valued at about $118,058,000. Capital International Investors boosted its position in shares of e.l.f. Beauty by 11.9% during the 3rd quarter. Capital International Investors now owns 936,831 shares of the company’s stock valued at $124,111,000 after acquiring an additional 99,594 shares during the last quarter. Finally, Voya Investment Management LLC boosted its position in shares of e.l.f. Beauty by 60.7% during the 3rd quarter. Voya Investment Management LLC now owns 692,304 shares of the company’s stock valued at $91,561,000 after acquiring an additional 261,489 shares during the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $92.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, January 29th. JPMorgan Chase & Co. boosted their price target on shares of e.l.f. Beauty from $103.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 5th. TD Cowen decreased their price target on shares of e.l.f. Beauty from $110.00 to $100.00 and set a “buy” rating on the stock in a report on Monday, February 9th. Jefferies Financial Group assumed coverage on shares of e.l.f. Beauty in a research report on Wednesday, January 14th. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Robert W. Baird set a $115.00 price objective on shares of e.l.f. Beauty in a report on Thursday, February 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.13.

e.l.f. Beauty Price Performance

Shares of e.l.f. Beauty stock opened at $73.37 on Monday. 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 fifty day moving average of $84.66 and a 200-day moving average of $99.13. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 41.45, a price-to-earnings-growth ratio of 6.17 and a beta of 1.67.

e.l.f. Beauty (NYSE:ELF) last issued its 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. 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 for the quarter, compared to analysts’ expectations of $461.78 million. During the same quarter last year, the company earned $0.74 EPS. The firm’s revenue 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 research analysts expect that e.l.f. Beauty will post 2.38 EPS 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.