Geneva Capital Management LLC Sells 1,080 Shares of Ulta Beauty Inc. $ULTA

Geneva Capital Management LLC lowered its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,023 shares of the specialty retailer’s stock after selling 1,080 shares during the quarter. Geneva Capital Management LLC’s holdings in Ulta Beauty were worth $12,588,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. State of Wyoming raised its stake in Ulta Beauty by 10.5% in the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Ulta Beauty by 1.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after buying an additional 21 shares during the period. Level Four Advisory Services LLC increased its holdings in Ulta Beauty by 4.8% in the 3rd quarter. Level Four Advisory Services LLC now owns 459 shares of the specialty retailer’s stock valued at $251,000 after buying an additional 21 shares during the period. Hardy Reed LLC raised its position in shares of Ulta Beauty by 3.0% in the 3rd quarter. Hardy Reed LLC now owns 767 shares of the specialty retailer’s stock valued at $419,000 after buying an additional 22 shares in the last quarter. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Ulta Beauty by 3.9% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock worth $321,000 after acquiring an additional 22 shares during the period. Institutional investors own 90.39% of the company’s stock.

More Ulta Beauty News

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

• Positive Sentiment: Canaccord Genuity raised its price target to $799 and kept a “buy” rating, signaling strong upside expectations from the sell-side ahead of earnings. Benzinga
• Positive Sentiment: Telsey Advisory Group raised its price target to $715, reflecting bullish views on Ulta’s growth trajectory and margin outlook. Telsey Advisory Group Increases Ulta Beauty (NASDAQ:ULTA) Price Target to $715.00
• Positive Sentiment: Barclays published a bullish forecast for ULTA, calling for strong price appreciation — another vote of confidence from major firms ahead of the quarter. Barclays Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock
• Positive Sentiment: Wall Street chatter shows several firms lifting targets on Ulta ahead of earnings, adding upward pressure to the stock via improved sentiment. Wall Street Lifts Targets on Five Below, Ulta Beauty and Nature’s Sunshine Ahead of Key Earnings Reports
• Positive Sentiment: MarketWatch highlights that Ulta may post higher Q4 sales on the launch of Selena Gomez’s makeup brand — a potentially meaningful top-line catalyst if sell-through is strong. Ulta Beauty May Post Higher 4Q Sales on Launch of Selena Gomez’s Makeup Brand — Earnings Preview
• Positive Sentiment: Promotions: Ulta’s “21 Days of Beauty” sale is live and attracting press coverage and shopper traffic — a near-term demand driver that can lift Q4/Q1 comps. Ulta’s 21 Days of Beauty Sale Is in Full Swing — Shop Editor-Loved Deals Up to 50% Off
• Neutral Sentiment: Broader coverage/preview pieces (earnings previews and weekly deal roundups) are increasing attention but mainly reiterate expectations rather than new data; these will amplify volatility around the report. What To Expect From Ulta’s (ULTA) Q4 Earnings
• Neutral Sentiment: Industry/brand moves: Keracolor’s national retail expansion and refreshed digital footprint signal competition and category growth — a mixed development for retailers like Ulta (more category interest, but increased competition). Keracolor Debuts Brand Evolution, Celebrating a Decade of Innovation with New Digital Footprint and National Retail Expansion
• Negative Sentiment: Wells Fargo raised its target but set it at $500 — below the current trading level — which is a relatively conservative signal and could cap upside if others follow suit. Wells Fargo & Company Boosts Ulta Beauty (NASDAQ:ULTA) Price Target to $500.00

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Robert W. Baird set a $700.00 price target on shares of Ulta Beauty in a research report on Wednesday, December 17th. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research note on Tuesday. Wells Fargo & Company raised their target price on Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a report on Monday. Zacks Research cut Ulta Beauty from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Finally, JPMorgan Chase & Co. upped their price objective on Ulta Beauty from $600.00 to $606.00 and gave the stock 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 assigned a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $638.12.

Ulta Beauty Stock Up 0.8%

Shares of ULTA opened at $652.65 on Thursday. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $714.97. The business has a 50-day simple moving average of $666.89 and a two-hundred day simple moving average of $586.51. The stock has a market cap of $28.95 billion, a PE ratio of 25.02, a PEG ratio of 3.02 and a beta of 0.82.

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.