Capital World Investors Buys 13,880 Shares of e.l.f. Beauty $ELF

Key Points

• Capital World Investors increased its stake in e.l.f. Beauty by 2.1%, buying 13,880 shares to hold 661,936 shares (about 1.11% of the company), valued at roughly $87.7 million at quarter-end.
• e.l.f. Beauty beat Q expectations, reporting $1.24 EPS vs. $0.72 expected and $489.5M revenue vs. $461.8M, with revenue up 37.8% year‑over‑year and FY2026 guidance of $3.05–$3.10 EPS.
• Analyst sentiment is broadly positive—average rating is "Moderate Buy" with an average target of $119.13—and several firms recently raised ratings or targets (e.g., Jefferies buy at $110, JPMorgan overweight at $105, UBS $102).

Capital World Investors lifted its stake in shares of e.l.f. Beauty (NYSE:ELF - Free Report) by 2.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 661,936 shares of the company's stock after purchasing an additional 13,880 shares during the period. Capital World Investors owned 1.11% of e.l.f. Beauty worth $87,693,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ELF. Vanguard Group Inc. increased its holdings 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 during the last quarter. Mackenzie Financial Corp lifted its stake in e.l.f. Beauty by 11.0% in the second 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 during the last quarter. Marshall Wace LLP acquired a new stake in e.l.f. Beauty in the second quarter valued at $118,058,000. Capital International Investors grew its position in shares of e.l.f. Beauty by 11.9% in 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 period. Finally, Voya Investment Management LLC increased its stake 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 worth $91,561,000 after purchasing an additional 261,489 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on ELF. Wall Street Zen raised shares of e.l.f. Beauty from a "sell" rating to a "hold" rating in a report on Saturday, January 24th. UBS Group boosted their price target on e.l.f. Beauty from $98.00 to $102.00 and gave the stock a "neutral" rating in a research report on Thursday, February 5th. Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $92.00 price objective on shares of e.l.f. Beauty in a research note on Thursday, January 29th. Jefferies Financial Group initiated coverage on e.l.f. Beauty in a research report on Wednesday, January 14th. They issued a "buy" rating and a $110.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their target price on 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. One investment 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 company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $119.13.

e.l.f. Beauty Stock Performance

NYSE:ELF opened at $72.35 on Friday. The stock has a 50 day simple moving average of $84.75 and a 200 day simple moving average of $99.70. The stock has a market cap of $4.27 billion, a P/E ratio of 40.87, a PEG ratio of 6.71 and a beta of 1.68. e.l.f. Beauty has a 1-year low of $49.40 and a 1-year high of $150.99. 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 (NYSE:ELF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $1.24 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.52. The firm had revenue of $489.51 million for the quarter, compared to analyst estimates of $461.78 million. e.l.f. Beauty had a return on equity of 15.08% and a net margin of 6.84%.The company's revenue for the quarter was up 37.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 EPS. e.l.f. Beauty has set its FY 2026 guidance at 3.050-3.100 EPS. Research analysts anticipate that e.l.f. Beauty will post 2.38 earnings per share for the current year.

e.l.f. Beauty 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.

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