iA Global Asset Management Inc. Buys 1,430 Shares of Ulta Beauty Inc. $ULTA

iA Global Asset Management Inc. lifted its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 21.6% in the third quarter, Holdings Channel.com reports. The firm owned 8,038 shares of the specialty retailer’s stock after buying an additional 1,430 shares during the period. iA Global Asset Management Inc.’s holdings in Ulta Beauty were worth $4,395,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of ULTA. Quadrant Capital Group LLC lifted its position in Ulta Beauty by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock worth $545,000 after buying an additional 21 shares during the last quarter. ORG Partners LLC increased its position in Ulta Beauty by 17.7% during the second quarter. ORG Partners LLC now owns 153 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 23 shares during the last quarter. OFI Invest Asset Management raised its stake in shares of Ulta Beauty by 6.8% in the second quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock valued at $175,000 after acquiring an additional 24 shares during the period. Richard W. Paul & Associates LLC raised its stake in shares of Ulta Beauty by 0.8% in the second quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock valued at $1,399,000 after acquiring an additional 24 shares during the period. Finally, DNB Asset Management AS lifted its holdings in shares of Ulta Beauty by 0.3% in the 2nd quarter. DNB Asset Management AS now owns 9,411 shares of the specialty retailer’s stock worth $4,403,000 after acquiring an additional 25 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of NASDAQ ULTA opened at $686.12 on Friday. Ulta Beauty Inc. has a 52-week low of $309.01 and a 52-week high of $695.34. The firm has a market capitalization of $30.44 billion, a price-to-earnings ratio of 26.31, a PEG ratio of 3.54 and a beta of 0.85. The stock has a 50 day moving average price of $598.92 and a 200 day moving average price of $547.94.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping 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 company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the business posted $5.14 EPS. Ulta Beauty’s quarterly revenue was up 12.9% on a year-over-year basis. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Analysts forecast that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts recently commented on ULTA shares. Evercore ISI upped their price target on shares of Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Morgan Stanley boosted their target price on Ulta Beauty from $640.00 to $750.00 and gave the company an “overweight” rating in a research report on Thursday, January 15th. Deutsche Bank Aktiengesellschaft set a $732.00 price target on Ulta Beauty in a report on Thursday, January 8th. Argus raised their price target on Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, January 2nd. Finally, Bank of America boosted their price objective on Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $620.04.

Trending Headlines about Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Expansion into the Middle East: Ulta announced its first UAE store at Mall of the Emirates (opening Jan. 29) in partnership with franchise operator Alshaya, building on a November Kuwait debut — a move that diversifies revenue and uses a partner-led model to limit capex. Read More. Read More.
• Positive Sentiment: Analyst optimism: TD Cowen raised Ulta’s price target to $775, signaling bullish analyst sentiment that can support the stock as investors re-rate long-term growth expectations. Read More.
• Positive Sentiment: New retail concepts: Ulta is expanding wellness-focused shop‑in‑shop boutiques, aligning with consumer wellness trends and opening new margin and traffic drivers within stores. Read More.
• Positive Sentiment: Strong consumer demand: Tickets for Ulta Beauty World sold out in minutes, showing high brand engagement and the power of experiential marketing to drive loyalty and future spend. Read More.
• Neutral Sentiment: Upcoming earnings: Ulta is about to report Q4 results; previews note expectations of weaker EPS, so the report (and company guidance) will be the immediate catalyst to confirm whether growth and margin momentum continue. Monitor the release for actual versus expected numbers. Read More.
• Negative Sentiment: PR/backlash risk from event execution: While demand was strong, rapid sell-outs and ticketing issues have led to customer disappointment and negative headlines — a short-term reputational risk that could draw management time and attention and may pressure sentiment if unresolved. Read More. Read More.

Ulta Beauty 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.