Is e.l.f. Beauty (NYSE:ELF) Gaining Attention from Major Firms?

February 05, 2025 02:34 AM AEDT | By Team Kalkine Media

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Is e.l.f. Beauty (NYSE:ELF) Gaining Attention from Major Firms? — Image source: Shutterstock

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Institutional investors have significantly increased their positions in e.l.f. Beauty (NYSE:ELF), reflecting growing interest.

The company maintains strong financial stability with a low debt-to-equity ratio.

Market activity shows ongoing shifts in institutional ownership within the beauty sector.

Institutional Interest in e.l.f. Beauty

e.l.f. Beauty, a well-known brand in the cosmetics industry, has seen an increase in institutional interest. Robbins Farley expanded its holdings by over a quarter in the fourth quarter, acquiring an additional 7,335 shares. At the end of this period, Robbins Farley’s position in e.l.f. Beauty accounted for 2.1% of its total assets, ranking it as the firm’s 21st largest holding. The total value of this stake was reported at $4.32 million.

Broader Institutional Activity

Several other institutional firms have made notable changes in their stakes. Baillie Gifford & Co. raised its position by nearly 40%, bringing its total holdings to over 5.3 million shares. Champlain Investment Partners LLC established a new position, while Swedbank AB also entered with a substantial stake. Thrivent Financial for Lutherans increased its position by more than 200%, acquiring an additional 383,478 shares. Meanwhile, Westfield Capital Management Co. LP added over 333,000 shares, marking a significant rise in institutional ownership.

Market Position and Financial Metrics

e.l.f. Beauty (NYSE:ELF) opened at $93.41 on Tuesday, with a market capitalization of $5.26 billion. The company maintains a price-to-earnings ratio of 50.49 and a PEG ratio of 1.74. The firm has a beta of 1.47, indicating its market sensitivity. The 52-week performance range spans from $92.20 to $221.83. Additionally, e.l.f. Beauty’s moving averages show fluctuations, with the 50-day average at $126.69 and the 200-day average at $130.36.

Financial Stability Indicators

The company reports a current ratio of 1.78 and a quick ratio of 1.01, demonstrating its ability to manage short-term obligations. With a debt-to-equity ratio of 0.22, e.l.f. Beauty reflects a conservative approach to leveraging, reinforcing its financial stability within the competitive beauty industry.

Institutional Ownership Trends

Approximately 92.44% of e.l.f. Beauty’s shares are held by institutional investors, indicating strong backing from large financial entities. Changes in these holdings suggest ongoing shifts in investment strategies within the sector. The company’s financial positioning and evolving institutional activity continue to shape its market presence.

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