Grantham Mayo Van Otterloo & Co. LLC Acquires 1,012 Shares of Ulta Beauty Inc. $ULTA

Grantham Mayo Van Otterloo & Co. LLC boosted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 77.0% in the third quarter, Holdings Channel reports. The institutional investor owned 2,326 shares of the specialty retailer’s stock after acquiring an additional 1,012 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in Ulta Beauty were worth $1,272,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Swedbank AB raised its holdings in Ulta Beauty by 6.7% in the third quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock worth $317,938,000 after purchasing an additional 36,456 shares in the last quarter. Keybank National Association OH boosted its holdings in shares of Ulta Beauty by 1.6% in the 3rd quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer’s stock valued at $73,204,000 after buying an additional 2,121 shares in the last quarter. Rakuten Investment Management Inc. purchased a new position in shares of Ulta Beauty in the 3rd quarter worth approximately $71,997,000. Bowen Hanes & Co. Inc. purchased a new position in shares of Ulta Beauty in the 3rd quarter worth approximately $6,012,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of Ulta Beauty by 90.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,647 shares of the specialty retailer’s stock worth $20,037,000 after acquiring an additional 17,365 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Canaccord raised its price target sharply to $799 and kept a Buy rating, signaling sizable upside versus the current stock level. Article Title
• Positive Sentiment: Telsey and Barclays also lifted targets (Telsey to $715; Barclays to $712), reinforcing analyst conviction ahead of Ulta’s earnings. Article Title
• Positive Sentiment: Ulta is expanding exclusive brands (adding Hairstory and NassifMD to more doors/marketplace) and running its multi‑week “21 Days of Beauty” promotion — moves that can lift in‑store and online traffic and deepen loyalty. Ulta Beauty Expands Exclusive Brands This Week’s Best Deals at Ulta
• Neutral Sentiment: Earnings season is imminent; several outlets highlight Ulta on the calendar — upcoming results and guidance will be the near‑term catalyst and could drive volatility in either direction. Earnings Calendar Wall Street Insights
• Neutral Sentiment: Broader press coverage notes multiple firms lifting targets ahead of earnings, reflecting heightened analyst focus rather than new company fundamentals. Wall Street Lifts Targets
• Negative Sentiment: Wells Fargo raised its target to $500 but kept an Underweight rating, highlighting divergent analyst views and the potential for downside if results disappoint. Article Title
• Negative Sentiment: Technically the stock sits below its 50‑day moving average (short‑term resistance), which could cap near‑term upside if post‑earnings momentum fades — watch guidance and comp metrics closely.

Ulta Beauty Trading Up 0.8%

NASDAQ ULTA opened at $647.23 on Wednesday. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $714.97. The company has a fifty day simple moving average of $665.94 and a two-hundred day simple moving average of $586.04. The stock has a market cap of $28.71 billion, a P/E ratio of 24.82, a P/E/G ratio of 2.99 and a beta of 0.82.

Wall Street Analyst Weigh In

ULTA has been the subject of a number of analyst reports. Barclays increased their target price on shares of Ulta Beauty from $680.00 to $712.00 and gave the company an “overweight” rating in a research report on Monday. Morgan Stanley upped their price target on Ulta Beauty from $640.00 to $750.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Argus raised their price objective on Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 2nd. Jefferies Financial Group started coverage on Ulta Beauty in a research note on Wednesday, January 14th. They set a “hold” rating and a $700.00 target price on the stock. Finally, JPMorgan Chase & Co. upped their target price on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and an average price target of $638.12.

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.