Stephens Inc. AR Has $3.63 Million Position in Ulta Beauty Inc. $ULTA

Stephens Inc. AR lessened its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 57.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 6,636 shares of the specialty retailer’s stock after selling 9,126 shares during the period. Stephens Inc. AR’s holdings in Ulta Beauty were worth $3,628,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Harbor Capital Advisors Inc. bought a new stake in Ulta Beauty during the 3rd quarter worth about $25,000. Cary Street Partners Investment Advisory LLC raised its stake in shares of Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 28 shares during the last quarter. Hemington Wealth Management lifted its position in shares of Ulta Beauty by 142.9% during the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 40 shares in the last quarter. Elevation Point Wealth Partners LLC acquired a new position in shares of Ulta Beauty during the second quarter worth approximately $35,000. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of Ulta Beauty by 52.0% during the second quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock valued at $36,000 after purchasing an additional 26 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Analyst Ratings Changes

ULTA has been the subject of several research analyst reports. Piper Sandler set a $615.00 price objective on shares of Ulta Beauty in a research report on Friday, December 5th. Bank of America lifted their target price on Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $640.00 price target (up previously from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. Robert W. Baird set a $700.00 price target on Ulta Beauty in a report on Wednesday, December 17th. Finally, Raymond James Financial reiterated an “outperform” rating on shares of Ulta Beauty in a research report on Friday, December 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $607.64.

Ulta Beauty Trading Down 0.2%

NASDAQ:ULTA opened at $663.48 on Friday. Ulta Beauty Inc. has a 1-year low of $309.01 and a 1-year high of $675.65. The firm has a market capitalization of $29.43 billion, a price-to-earnings ratio of 25.44, a PEG ratio of 3.45 and a beta of 0.85. The business’s 50-day moving average price is $583.88 and its two-hundred day moving average price is $540.92.

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

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.