12,080 Shares in Ulta Beauty Inc. $ULTA Purchased by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. bought a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 12,080 shares of the specialty retailer’s stock, valued at approximately $6,605,000. Ulta Beauty accounts for approximately 0.8% of Keystone Investors PTE Ltd.’s investment portfolio, making the stock its 27th biggest position.

A number of other large investors also recently added to or reduced their stakes in ULTA. Cary Street Partners Investment Advisory LLC grew its holdings in Ulta Beauty by 107.7% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 28 shares in the last quarter. Harbor Capital Advisors Inc. bought a new position in shares of Ulta Beauty during the third quarter worth $25,000. Grey Fox Wealth Advisors LLC purchased a new position in Ulta Beauty during the third quarter valued at $31,000. Abich Financial Wealth Management LLC bought a new stake in Ulta Beauty in the 3rd quarter valued at $31,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Ulta Beauty during the second quarter valued at about $35,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Ulta Beauty Trading Down 1.6%

ULTA stock opened at $684.79 on Friday. The stock has a market cap of $30.38 billion, a PE ratio of 26.26, a P/E/G ratio of 3.24 and a beta of 0.85. Ulta Beauty Inc. has a 12 month low of $309.01 and a 12 month high of $714.97. The company has a 50-day moving average price of $659.05 and a 200 day moving average price of $578.59.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data 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. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the firm earned $5.14 earnings per share. The firm’s quarterly 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. Sell-side analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ULTA. Raymond James Financial increased their price target on Ulta Beauty from $647.00 to $800.00 and gave the company a “strong-buy” rating in a research note on Friday, February 20th. Telsey Advisory Group reissued an “outperform” rating and issued a $640.00 target price (up from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. Jefferies Financial Group assumed coverage on shares of Ulta Beauty in a research report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 price target on the stock. Evercore increased their price objective on shares of Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Finally, B. Riley Financial restated a “neutral” rating on shares of Ulta Beauty in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $626.84.

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.