e.l.f. Beauty $ELF Shares Acquired by Sarasin & Partners LLP

Posted by George Bondi on Aug 7th, 2026

Sarasin & Partners LLP grew its stake in e.l.f. Beauty (NYSE:ELF – Free Report) by 10.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,544 shares of the company’s stock after buying an additional 5,757 shares during the period. Sarasin & Partners LLP’s holdings in e.l.f. Beauty were worth $4,480,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of e.l.f. Beauty by 2.6% in the 4th quarter. Vanguard Group Inc. now owns 5,487,304 shares of the company’s stock valued at $417,255,000 after acquiring an additional 140,258 shares during the period. Price T Rowe Associates Inc. MD lifted its position in e.l.f. Beauty by 47.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 2,197,319 shares of the company’s stock worth $167,086,000 after acquiring an additional 711,540 shares during the period. State Street Corp grew its stake in e.l.f. Beauty by 0.8% during the 4th quarter. State Street Corp now owns 1,737,181 shares of the company’s stock valued at $132,095,000 after purchasing an additional 13,231 shares during the last quarter. Swedbank AB grew its stake in e.l.f. Beauty by 97.0% during the 4th quarter. Swedbank AB now owns 1,364,801 shares of the company’s stock valued at $103,779,000 after purchasing an additional 672,071 shares during the last quarter. Finally, Ensign Peak Advisors Inc increased its holdings in shares of e.l.f. Beauty by 37.7% in the fourth quarter. Ensign Peak Advisors Inc now owns 1,319,523 shares of the company’s stock valued at $100,337,000 after purchasing an additional 361,371 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on ELF shares. Weiss Ratings upgraded e.l.f. Beauty from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, July 30th. B. Riley Financial upped their target price on e.l.f. Beauty from $70.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $64.00 price target on shares of e.l.f. Beauty in a report on Tuesday, June 16th. JPMorgan Chase & Co. raised their price target on shares of e.l.f. Beauty from $94.00 to $111.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Piper Sandler upped their price target on shares of e.l.f. Beauty from $50.00 to $65.00 and gave the company a “neutral” rating in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $89.25.

Get Our Latest Analysis on e.l.f. Beauty

Key Headlines Impacting e.l.f. Beauty

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

Positive Sentiment: Raised fiscal 2027 outlook: e.l.f. now expects 18%–20% net sales growth, up from 12%–14% previously, with revenue projected at approximately $1.9 billion–$2.0 billion and EPS of $3.50–$3.55, above analyst expectations. e.l.f. Beauty projects fiscal 2027 sales growth
Positive Sentiment: Rhode is adding significant momentum: The acquired brand generated roughly $160 million in quarterly sales, while international revenue jumped 61%. Management plans to reinvest $50 million of tariff refunds to support global expansion and brand growth. e.l.f. Beauty Q1 earnings beat
Positive Sentiment: Analyst targets moved higher: JPMorgan raised its target from $94 to $111 and maintained an overweight rating. B. Riley raised its target from $70 to $100 and assigned a buy rating, reinforcing optimism around the raised guidance and growth strategy.
Neutral Sentiment: Tariff refunds boosted profitability: Approximately $50 million in refunds helped lift gross margin and nearly double net income. While this improved the quarter, investors may view the benefit as partly non-recurring as refunds wind down. e.l.f. Beauty tariff refunds
Negative Sentiment: Some caution remains: UBS raised its target from $80 to $89 but kept a neutral rating, implying limited upside at recent levels. Investors are also monitoring the underlying performance of the legacy e.l.f. brand, post-acquisition leverage and continued insider selling. Kory Marchisotto sold 12,173 shares worth approximately $1.1 million, although she retained a substantial position.

e.l.f. Beauty Trading Up 6.8%

Shares of NYSE:ELF opened at $92.27 on Friday. The company has a current ratio of 2.35, a quick ratio of 1.69 and a debt-to-equity ratio of 0.72. e.l.f. Beauty has a 12-month low of $48.82 and a 12-month high of $150.99. The business has a 50 day moving average of $70.51 and a two-hundred day moving average of $71.55. The company has a market capitalization of $5.44 billion, a PE ratio of 92.27, a PEG ratio of 3.36 and a beta of 1.58.

e.l.f. Beauty (NYSE:ELF – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $1.75 earnings per share for the quarter, beating the consensus estimate of $0.71 by $1.04. e.l.f. Beauty had a net margin of 3.38% and a return on equity of 14.15%. The firm had revenue of $479.37 million during the quarter, compared to analyst estimates of $431.20 million. During the same period in the previous year, the firm earned $0.89 EPS. The business’s quarterly revenue was up 35.5% on a year-over-year basis. e.l.f. Beauty has set its FY 2027 guidance at 3.500-3.550 EPS. As a group, analysts forecast that e.l.f. Beauty will post 2.42 EPS for the current year.

Insider Activity at e.l.f. Beauty

In other e.l.f. Beauty news, insider Mandy J. Fields sold 4,327 shares of e.l.f. Beauty stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $51.53, for a total value of $222,970.31. Following the completion of the transaction, the insider owned 106,961 shares of the company’s stock, valued at approximately $5,511,700.33. The trade was a 3.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Tarang Amin sold 50,164 shares of the company’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $78.24, for a total transaction of $3,924,831.36. Following the completion of the transaction, the chief executive officer owned 110,496 shares of the company’s stock, valued at approximately $8,645,207.04. This trade represents a 31.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 134,028 shares of company stock valued at $9,422,961 in the last quarter. 3.50% of the stock is currently owned by insiders.

e.l.f. Beauty Profile

(Free Report)

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.