Oliver Luxxe Assets LLC Takes $8.01 Million Position in Ulta Beauty Inc. $ULTA

Oliver Luxxe Assets LLC acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,238 shares of the specialty retailer’s stock, valued at approximately $8,009,000. Ulta Beauty comprises approximately 1.2% of Oliver Luxxe Assets LLC’s portfolio, making the stock its 25th largest position.

Other large investors have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC grew its position in Ulta Beauty by 107.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Ulta Beauty during the third quarter valued at about $25,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of Ulta Beauty during the third quarter valued at about $31,000. Abich Financial Wealth Management LLC bought a new stake in shares of Ulta Beauty in the third quarter valued at about $31,000. Finally, BOKF NA bought a new stake in shares of Ulta Beauty in the third quarter valued at about $31,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Wells Fargo & Company boosted their price target on Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a research note on Monday, March 9th. Guggenheim reiterated a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. UBS Group reissued a “buy” rating and set a $810.00 price objective on shares of Ulta Beauty in a report on Friday, March 13th. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. Finally, Bank of America upped their target price on Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty has an average rating of “Moderate Buy” and a consensus target price of $671.27.

Ulta Beauty Stock Down 0.8%

NASDAQ:ULTA opened at $529.97 on Friday. The firm has a market capitalization of $23.51 billion, a PE ratio of 20.68, a price-to-earnings-growth ratio of 1.95 and a beta of 0.82. Ulta Beauty Inc. has a 12-month low of $323.36 and a 12-month high of $714.97. The firm has a 50-day moving average price of $652.88 and a 200 day moving average price of $587.57.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the previous year, the business earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current year.

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.