Arrowstreet Capital Limited Partnership Has $63.04 Million Position in ODDITY Tech Ltd. $ODD

Arrowstreet Capital Limited Partnership increased its holdings in shares of ODDITY Tech Ltd. (NASDAQ:ODD) by 8,711.3% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 835,315 shares of the company’s stock after purchasing an additional 825,835 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in ODDITY Tech were worth $63,041,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of ODD. Massachusetts Financial Services Co. MA raised its holdings in shares of ODDITY Tech by 32.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 1,709,195 shares of the company’s stock worth $128,993,000 after acquiring an additional 419,702 shares during the period. Granahan Investment Management LLC raised its stake in shares of ODDITY Tech by 1.1% in the 1st quarter. Granahan Investment Management LLC now owns 1,555,191 shares of the company’s stock valued at $67,278,000 after purchasing an additional 16,993 shares during the period. Acadian Asset Management LLC lifted its holdings in shares of ODDITY Tech by 507.8% in the second quarter. Acadian Asset Management LLC now owns 821,759 shares of the company’s stock valued at $61,984,000 after purchasing an additional 686,549 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of ODDITY Tech by 378.5% in the second quarter. JPMorgan Chase & Co. now owns 671,724 shares of the company’s stock valued at $50,695,000 after purchasing an additional 531,334 shares in the last quarter. Finally, Woodline Partners LP boosted its position in shares of ODDITY Tech by 239.1% during the first quarter. Woodline Partners LP now owns 440,533 shares of the company’s stock worth $19,057,000 after buying an additional 310,602 shares during the period. 35.88% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on ODD shares. JPMorgan Chase & Co. dropped their target price on ODDITY Tech from $82.00 to $67.00 and set an “overweight” rating on the stock in a research report on Friday, November 21st. Barclays decreased their price target on shares of ODDITY Tech from $64.00 to $46.00 and set an “equal weight” rating for the company in a research note on Friday, November 21st. Weiss Ratings restated a “hold (c)” rating on shares of ODDITY Tech in a report on Wednesday, October 8th. Wall Street Zen upgraded shares of ODDITY Tech from a “sell” rating to a “hold” rating in a report on Sunday, November 30th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $72.00 price target on shares of ODDITY Tech in a research note on Thursday, November 20th. Seven analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $68.20.

ODDITY Tech Stock Up 1.4%

ODDITY Tech stock opened at $44.98 on Friday. The company’s 50-day moving average price is $47.08 and its two-hundred day moving average price is $60.35. The stock has a market cap of $2.51 billion, a P/E ratio of 25.13, a P/E/G ratio of 2.27 and a beta of 3.16. ODDITY Tech Ltd. has a twelve month low of $35.30 and a twelve month high of $79.18. The company has a quick ratio of 6.42, a current ratio of 7.54 and a debt-to-equity ratio of 1.53.

ODDITY Tech (NASDAQ:ODD) last issued its quarterly earnings data on Wednesday, November 19th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.35 by $0.05. The firm had revenue of $147.90 million for the quarter, compared to analyst estimates of $145.44 million. ODDITY Tech had a return on equity of 31.68% and a net margin of 14.11%.The company’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.32 EPS. ODDITY Tech has set its Q4 2025 guidance at 0.110-0.130 EPS and its FY 2025 guidance at 2.100-2.120 EPS. As a group, analysts expect that ODDITY Tech Ltd. will post 1.62 EPS for the current year.

ODDITY Tech Company 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.