e.l.f. Beauty $ELF Position Decreased by MassMutual Private Wealth & Trust FSB

MassMutual Private Wealth & Trust FSB reduced its holdings in e.l.f. Beauty (NYSE:ELF) by 98.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 259 shares of the company’s stock after selling 13,930 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in e.l.f. Beauty were worth $34,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. EverSource Wealth Advisors LLC grew its position 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 worth $32,000 after buying an additional 128 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 acquiring an additional 117 shares in the last quarter. MAI Capital Management grew its holdings in shares of e.l.f. Beauty by 129.1% in the 2nd quarter. MAI Capital Management now owns 394 shares of the company’s stock worth $49,000 after acquiring an additional 222 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of e.l.f. Beauty in the 2nd quarter worth $49,000. Finally, Huntington National Bank raised its position in shares of e.l.f. Beauty by 133.3% during the second quarter. Huntington National Bank now owns 427 shares of the company’s stock worth $53,000 after purchasing an additional 244 shares during the period. 92.44% of the stock is owned by institutional investors and hedge funds.

e.l.f. Beauty Stock Performance

ELF stock opened at $87.02 on Friday. The firm has a 50 day simple moving average of $79.72 and a 200 day simple moving average of $109.61. e.l.f. Beauty has a 52 week low of $49.40 and a 52 week high of $150.99. The stock has a market cap of $5.19 billion, a P/E ratio of 61.28, a P/E/G ratio of 8.27 and a beta of 1.73. 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 (NYSE:ELF) last released its earnings results on Wednesday, November 5th. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.57 by $0.11. e.l.f. Beauty had a net margin of 5.90% and a return on equity of 13.77%. The company had revenue of $343.94 million during the quarter, compared to the consensus estimate of $367.89 million. During the same quarter in the prior year, the firm earned $0.77 EPS. The company’s revenue was up 14.2% compared to the same quarter last year. e.l.f. Beauty has set its FY 2026 guidance at 2.800-2.850 EPS. Research analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms recently weighed in on ELF. UBS Group decreased their price target on e.l.f. Beauty from $150.00 to $105.00 and set a “neutral” rating for the company in a research report on Thursday, November 6th. Zacks Research upgraded shares of e.l.f. Beauty from a “strong sell” rating to a “hold” rating in a report on Monday, January 5th. The Goldman Sachs Group cut their price target on shares of e.l.f. Beauty from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Friday, November 7th. Cowen restated a “buy” rating on shares of e.l.f. Beauty in a research report on Wednesday, November 12th. Finally, Morgan Stanley set a $121.00 price objective on shares of e.l.f. Beauty in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $123.53.

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.