Congress Asset Management Co. Boosts Position in e.l.f. Beauty $ELF

Congress Asset Management Co. boosted its position in shares of e.l.f. Beauty (NYSE:ELF) by 4.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 370,936 shares of the company’s stock after acquiring an additional 14,387 shares during the period. Congress Asset Management Co. owned 0.62% of e.l.f. Beauty worth $28,206,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Marshall Wace LLP purchased a new position in shares of e.l.f. Beauty during the second quarter worth about $118,058,000. Atreides Management LP bought a new stake in e.l.f. Beauty during the second quarter valued at approximately $61,479,000. Man Group plc purchased a new position in e.l.f. Beauty in the 2nd quarter worth approximately $52,316,000. Woodline Partners LP purchased a new position in e.l.f. Beauty in the 3rd quarter worth approximately $52,613,000. Finally, American Century Companies Inc. increased its holdings in shares of e.l.f. Beauty by 148.5% in the 2nd quarter. American Century Companies Inc. now owns 490,928 shares of the company’s stock worth $61,091,000 after buying an additional 293,369 shares during the last quarter. Institutional investors own 92.44% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on ELF shares. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a research report on Monday, January 5th. Citigroup raised their price target on e.l.f. Beauty from $110.00 to $115.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. UBS Group lifted their price target on e.l.f. Beauty from $98.00 to $102.00 and gave the stock a “neutral” rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $92.00 price objective on shares of e.l.f. Beauty in a report on Thursday, January 29th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of e.l.f. Beauty in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $122.07.

e.l.f. Beauty Stock Performance

Shares of ELF stock opened at $67.50 on Wednesday. The stock has a fifty day moving average of $83.03 and a 200 day moving average of $96.32. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The firm has a market capitalization of $3.99 billion, a price-to-earnings ratio of 38.14, a PEG ratio of 6.04 and a beta of 1.68. 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 (NYSE:ELF) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $1.24 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.52. The company had revenue of $489.51 million for the quarter, compared to analysts’ expectations of $461.78 million. e.l.f. Beauty had a net margin of 6.84% and a return on equity of 15.08%. e.l.f. Beauty’s quarterly revenue was up 37.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 earnings per share. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. As a group, research analysts expect 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.