Fulcrum Capital LLC Trims Holdings in Ulta Beauty Inc. $ULTA

Fulcrum Capital LLC reduced its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,588 shares of the specialty retailer’s stock after selling 792 shares during the period. Ulta Beauty accounts for about 2.0% of Fulcrum Capital LLC’s investment portfolio, making the stock its 19th largest holding. Fulcrum Capital LLC’s holdings in Ulta Beauty were worth $9,616,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ULTA. Focus Partners Wealth lifted its holdings in shares of Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after purchasing an additional 2,615 shares during the last quarter. Intech Investment Management LLC increased its position in Ulta Beauty by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock valued at $1,758,000 after buying an additional 1,574 shares in the last quarter. Parallel Advisors LLC raised its stake in Ulta Beauty by 36.1% during the second quarter. Parallel Advisors LLC now owns 596 shares of the specialty retailer’s stock valued at $279,000 after buying an additional 158 shares during the last quarter. MassMutual Private Wealth & Trust FSB boosted its holdings in Ulta Beauty by 105.9% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 243 shares of the specialty retailer’s stock worth $114,000 after acquiring an additional 125 shares in the last quarter. Finally, Czech National Bank grew its stake in shares of Ulta Beauty by 3.6% in the second quarter. Czech National Bank now owns 11,035 shares of the specialty retailer’s stock worth $5,162,000 after acquiring an additional 384 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Down 0.2%

NASDAQ:ULTA opened at $663.48 on Friday. The company has a market cap of $29.43 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 3.45 and a beta of 0.85. The company has a 50 day simple moving average of $583.88 and a two-hundred day simple moving average of $540.92. Ulta Beauty Inc. has a 12 month low of $309.01 and a 12 month high of $675.65.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.61 by $0.53. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same period in the prior year, the firm earned $5.14 EPS. The company’s revenue was up 12.9% compared to the same quarter last year. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Research analysts forecast that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ULTA. Canaccord Genuity Group lifted their price target on Ulta Beauty from $653.00 to $674.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Zacks Research upgraded shares of Ulta Beauty from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. Wells Fargo & Company raised their price target on shares of Ulta Beauty from $425.00 to $450.00 and gave the company an “underweight” rating in a research report on Thursday, October 16th. Jefferies Financial Group began coverage on Ulta Beauty in a research report on Wednesday. They issued a “hold” rating and a $700.00 price objective on the stock. Finally, Robert W. Baird set a $700.00 target price on Ulta Beauty in a report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $607.64.

Ulta Beauty Company Profile

Ulta Beauty, Inc (NASDAQ: ULTA) is a U.S.-based specialty retailer and beauty services provider focused on cosmetics, fragrance, skin care, hair care, bath and body, and beauty tools. The company operates a dual-format business that combines brick-and-mortar retail stores with an e-commerce platform, offering a broad assortment of national, prestige and mass-market brands alongside its own private-label products. In many locations Ulta also provides full-service salon treatments, positioning the company as a one-stop destination for product discovery and in-store services.

The retailer’s product mix spans color cosmetics, haircare and styling products, skin and body care, fragrance, and accessories, catering to a wide range of consumer preferences and price points.