Trillium Asset Management LLC Makes New $2.59 Million Investment in e.l.f. Beauty $ELF

Trillium Asset Management LLC purchased a new position in shares of e.l.f. Beauty (NYSE:ELF) in the second quarter, Holdings Channel.com reports. The firm purchased 34,954 shares of the company’s stock, valued at approximately $2,587,000.

Several other institutional investors have also made changes to their positions in ELF. Royal Bank of Canada raised its position in e.l.f. Beauty by 9.9% during the first quarter. Royal Bank of Canada now owns 153,682 shares of the company’s stock valued at $9,650,000 after acquiring an additional 13,851 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in e.l.f. Beauty by 168.6% in the first quarter. Integrated Wealth Concepts LLC now owns 6,483 shares of the company’s stock valued at $407,000 after acquiring an additional 4,069 shares during the last quarter. NewEdge Advisors LLC grew its position in e.l.f. Beauty by 176.4% in the first quarter. NewEdge Advisors LLC now owns 4,677 shares of the company’s stock worth $294,000 after acquiring an additional 2,985 shares in the last quarter. United Services Automobile Association bought a new stake in e.l.f. Beauty in the first quarter worth approximately $240,000. Finally, Northwestern Mutual Wealth Management Co. increased 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 purchasing an additional 117 shares during the last quarter. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting e.l.f. Beauty

Here are the key news stories impacting e.l.f. Beauty this week:

• Positive Sentiment: Rhode is driving substantial growth. The Hailey Bieber-founded brand, acquired by e.l.f. for $1 billion, generated approximately $160 million of the company’s $479.4 million in latest-quarter sales. Total revenue rose 35.5% year over year, supporting the broader growth narrative. Rhode and e.l.f. Beauty growth article
• Positive Sentiment: Recent financial results were well ahead of expectations. e.l.f. reported quarterly EPS of $1.75 versus the $0.71 consensus and revenue of $479.37 million versus estimates of $431.21 million. Management’s fiscal 2027 EPS guidance is $3.50–$3.55, while analysts maintain a generally positive “Moderate Buy” consensus.

Insider Buying and Selling

In other news, insider Jennifer Catherine Hartnett sold 25,357 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $80.00, for a total transaction of $2,028,560.00. Following the completion of the transaction, the insider directly owned 28,699 shares in the company, valued at $2,295,920. The trade was a 46.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Joshua Allen Franks sold 6,854 shares of the stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $51.94, for a total value of $355,996.76. Following the completion of the sale, the senior vice president directly owned 153,532 shares of the company’s stock, valued at $7,974,452.08. This represents a 4.27% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 140,780 shares of company stock worth $10,091,078. 3.50% of the stock is currently owned by company insiders.

e.l.f. Beauty Trading Up 3.3%

Shares of NYSE:ELF opened at $101.68 on Friday. The company has a market cap of $6.00 billion, a P/E ratio of 101.68, a P/E/G ratio of 3.10 and a beta of 1.58. The stock’s 50-day moving average is $79.48 and its 200-day moving average is $72.18. e.l.f. Beauty has a 52-week low of $48.82 and a 52-week high of $150.99. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.82 and a current ratio of 2.55.

e.l.f. Beauty (NYSE:ELF) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, topping the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a return on equity of 14.07% and a net margin of 3.38%.The business had revenue of $479.37 million during the quarter, compared to analysts’ expectations of $431.20 million. During the same quarter in the previous year, the firm earned $0.89 EPS. The firm’s revenue was up 35.5% compared to the same quarter last year. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. Equities research analysts predict that e.l.f. Beauty will post 2.61 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the stock. Jefferies Financial Group raised their price target on shares of e.l.f. Beauty from $72.00 to $100.00 and gave the company a “buy” rating in a report on Tuesday, July 28th. Weiss Ratings upgraded shares of e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, July 30th. Sanford C. Bernstein increased their target price on shares of e.l.f. Beauty from $113.00 to $121.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Zacks Research upgraded e.l.f. Beauty from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 12th. Finally, JPMorgan Chase & Co. reduced their price target on e.l.f. Beauty from $111.00 to $106.00 and set an “overweight” rating for the company in a research report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $91.31.

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.