Silvant Capital Management LLC Sells 793 Shares of Ulta Beauty Inc. $ULTA

Silvant Capital Management LLC trimmed its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 8.6% during the 3rd quarter, Holdings Channel reports. The fund owned 8,394 shares of the specialty retailer’s stock after selling 793 shares during the period. Silvant Capital Management LLC’s holdings in Ulta Beauty were worth $4,589,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of ULTA. Vanguard Group Inc. boosted its stake in shares of Ulta Beauty by 0.6% during the third quarter. Vanguard Group Inc. now owns 5,353,414 shares of the specialty retailer’s stock valued at $2,926,979,000 after purchasing an additional 33,674 shares in the last quarter. Marshall Wace LLP raised its stake in Ulta Beauty by 9.4% in the second quarter. Marshall Wace LLP now owns 654,598 shares of the specialty retailer’s stock worth $306,234,000 after buying an additional 56,063 shares in the last quarter. Franklin Resources Inc. lifted its holdings in Ulta Beauty by 5.4% during the second quarter. Franklin Resources Inc. now owns 582,635 shares of the specialty retailer’s stock worth $272,568,000 after buying an additional 30,100 shares during the period. Swedbank AB lifted its holdings in Ulta Beauty by 6.7% during the third quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock worth $317,938,000 after buying an additional 36,456 shares during the period. Finally, Norges Bank bought a new stake in Ulta Beauty during the 2nd quarter valued at $258,791,000. Institutional investors own 90.39% of the company’s stock.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Canaccord Genuity raised its price target to $799 and reiterated a Buy rating — the largest upside among recent broker notes, signaling strong conviction in Ulta’s growth prospects. Canaccord price target raise
• Positive Sentiment: Telsey Advisory Group boosted its price target to $715 and kept an Outperform rating, adding to the positive analyst momentum and implying mid‑double‑digit upside versus recent levels. Telsey Advisory Group price target increase
• Positive Sentiment: Barclays raised its target and published a note forecasting strong price appreciation, reinforcing the bullish analyst narrative driving investor interest. Barclays forecast
• Positive Sentiment: Ulta is expanding exclusive and dermatologist‑led brands (Hairstory rollout, NassifMD addition) and running its 21 Days of Beauty promotion — actions that aim to deepen loyalty, lift basket size and support near‑term sales. Ulta expands exclusive brands
• Neutral Sentiment: Ulta will report Q4 results after the bell this week; multiple previews highlight metrics to watch (comps, margin mix, loyalty growth). Earnings execution and guidance will be the proximate catalyst for the next directional move. Q4 earnings preview
• Neutral Sentiment: Broader coverage notes that Wall Street is generally lifting targets on consumer names heading into earnings season; this increases analyst attention but also sets expectations. Wall Street lifts targets piece
• Negative Sentiment: Wells Fargo raised its target from $450 to $500 but kept an Underweight rating — the $500 target remains well below current trading levels, creating a conflicting signal that could cap upside if investors focus on valuation risk. Wells Fargo price target raise

Ulta Beauty Stock Up 0.8%

ULTA opened at $647.23 on Wednesday. Ulta Beauty Inc. has a 52-week low of $309.01 and a 52-week high of $714.97. The company has a market cap of $28.71 billion, a P/E ratio of 24.82, a price-to-earnings-growth ratio of 2.99 and a beta of 0.82. The firm’s 50-day moving average price is $665.94 and its 200-day moving average price is $586.04.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on ULTA. TD Cowen lifted their price target on Ulta Beauty from $725.00 to $775.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Oppenheimer raised their price objective on Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. UBS Group lifted their target price on Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. Jefferies Financial Group began coverage on shares of Ulta Beauty in a report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 target price for the company. Finally, Telsey Advisory Group increased their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ulta Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $638.12.

About Ulta Beauty

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.