Russell Investments Group Ltd. Has $3.59 Million Stake in ODDITY Tech Ltd. $ODD

Key Points

• Russell Investments Group Ltd. significantly increased its stake in ODDITY Tech by 473.1%, owning 83,002 shares valued at approximately $3.59 million as of its latest SEC filing.
• Analyst ratings have been predominantly positive with multiple firms raising their price targets for ODDITY Tech, including KeyCorp which increased its target from $65.00 to $90.00, labeling the stock as "overweight."
• ODDITY Tech reported earnings per share (EPS) of $0.92 for the last quarter, exceeding analyst expectations and marking a 25.1% year-over-year revenue increase.

Russell Investments Group Ltd. raised its position in ODDITY Tech Ltd. (NASDAQ:ODD - Free Report) by 473.1% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 83,002 shares of the company's stock after purchasing an additional 68,518 shares during the period. Russell Investments Group Ltd. owned approximately 0.15% of ODDITY Tech worth $3,591,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Deutsche Bank AG increased its stake in ODDITY Tech by 65.0% in the first quarter. Deutsche Bank AG now owns 1,340 shares of the company's stock valued at $58,000 after purchasing an additional 528 shares in the last quarter. Wells Fargo & Company MN increased its stake in ODDITY Tech by 17.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,999 shares of the company's stock valued at $126,000 after purchasing an additional 449 shares in the last quarter. Federated Hermes Inc. bought a new stake in ODDITY Tech in the first quarter valued at approximately $190,000. PharVision Advisers LLC bought a new stake in ODDITY Tech in the fourth quarter valued at approximately $299,000. Finally, Blue Trust Inc. increased its stake in ODDITY Tech by 15.4% in the first quarter. Blue Trust Inc. now owns 7,573 shares of the company's stock valued at $328,000 after purchasing an additional 1,008 shares in the last quarter. Institutional investors own 35.88% of the company's stock.

ODDITY Tech Price Performance

Shares of ODDITY Tech stock traded down $0.84 during midday trading on Friday, hitting $60.21. 334,615 shares of the company traded hands, compared to its average volume of 1,087,632. The stock has a market cap of $3.36 billion, a price-to-earnings ratio of 33.45, a PEG ratio of 2.91 and a beta of 3.27. The company has a debt-to-equity ratio of 1.66, a quick ratio of 5.57 and a current ratio of 6.32. The firm's fifty day moving average price is $67.43 and its 200-day moving average price is $58.48. ODDITY Tech Ltd. has a 12 month low of $32.71 and a 12 month high of $79.18.

ODDITY Tech (NASDAQ:ODD - Get Free Report) last posted its earnings results on Monday, August 4th. The company reported $0.92 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.04. ODDITY Tech had a net margin of 14.65% and a return on equity of 32.17%. The firm had revenue of $241.14 million for the quarter, compared to analyst estimates of $237.44 million. During the same period in the previous year, the firm posted $0.82 EPS. The company's revenue for the quarter was up 25.1% compared to the same quarter last year. ODDITY Tech has set its Q3 2025 guidance at 0.330-0.360 EPS. FY 2025 guidance at 1.990-2.040 EPS. As a group, sell-side analysts forecast that ODDITY Tech Ltd. will post 1.62 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Barclays increased their price objective on shares of ODDITY Tech from $60.00 to $73.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 15th. Needham & Company LLC initiated coverage on shares of ODDITY Tech in a research note on Thursday. They issued a "buy" rating and a $72.00 price target for the company. Morgan Stanley raised their target price on shares of ODDITY Tech from $56.00 to $61.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 6th. The Goldman Sachs Group raised their target price on shares of ODDITY Tech from $47.00 to $52.00 and gave the stock a "neutral" rating in a research note on Thursday, May 1st. Finally, JMP Securities raised their price objective on ODDITY Tech from $72.00 to $80.00 and gave the stock a "market outperform" rating in a research note on Tuesday, August 5th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $74.56.

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.