New York State Common Retirement Fund Increases Stock Position in ODDITY Tech Ltd. $ODD

New York State Common Retirement Fund grew its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 17.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 155,664 shares of the company’s stock after purchasing an additional 23,569 shares during the period. New York State Common Retirement Fund owned approximately 0.28% of ODDITY Tech worth $9,698,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of ODDITY Tech by 16.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,117 shares of the company’s stock valued at $3,293,000 after buying an additional 10,582 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in shares of ODDITY Tech during the 2nd quarter worth $2,571,000. KLP Kapitalforvaltning AS increased its holdings in shares of ODDITY Tech by 8.8% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 14,800 shares of the company’s stock valued at $1,117,000 after purchasing an additional 1,200 shares in the last quarter. Blair William & Co. IL purchased a new position in shares of ODDITY Tech in the 2nd quarter valued at about $204,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of ODDITY Tech in the second quarter valued at about $296,000. 35.88% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

ODD has been the topic of a number of research analyst reports. Zacks Research raised shares of ODDITY Tech from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Barclays lowered their target price on ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating on the stock in a report on Friday, November 21st. Needham & Company LLC restated a “buy” rating and issued a $72.00 price target on shares of ODDITY Tech in a research report on Thursday, November 20th. Wall Street Zen raised ODDITY Tech from a “sell” rating to a “hold” rating in a research note on Sunday, November 30th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of ODDITY Tech in a research report on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $64.40.

ODDITY Tech Stock Down 4.0%

ODD opened at $31.62 on Wednesday. The firm has a market cap of $1.77 billion, a P/E ratio of 17.66, a PEG ratio of 1.32 and a beta of 3.18. The business’s fifty day simple moving average is $39.33 and its 200 day simple moving average is $49.96. ODDITY Tech Ltd. has a 52 week low of $30.66 and a 52 week high of $79.18. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53.

ODDITY Tech (NASDAQ:ODD) last announced its earnings results on Wednesday, November 19th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.35 by $0.05. ODDITY Tech had a net margin of 14.11% and a return on equity of 31.68%. The firm had revenue of $147.90 million during the quarter, compared to the consensus estimate of $145.44 million. During the same quarter in the previous year, the company posted $0.32 EPS. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. As a group, equities research analysts anticipate that ODDITY Tech Ltd. will post 1.62 EPS for the current fiscal year.

ODDITY Tech Profile

Oddity Tech Ltd. operates as a consumer tech company that builds digital-first brands for the beauty and wellness industries in the United States and internationally. It serves consumers worldwide through its AI-driven online platform, which uses data science, machine learning, and computer vision capabilities to identify consumer needs, and develop solutions in the form of beauty and wellness products. The company sells beauty, hair, and skin products under the IL MAKIAGE and SpoiledChild brands.