Amundi Has $212.99 Million Stock Holdings in Ulta Beauty Inc. $ULTA

Amundi boosted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 27.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 448,546 shares of the specialty retailer’s stock after buying an additional 95,320 shares during the period. Amundi owned approximately 1.00% of Ulta Beauty worth $212,988,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Hemington Wealth Management raised its holdings in shares of Ulta Beauty by 142.9% during the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 40 shares during the period. Elevation Point Wealth Partners LLC bought a new position in Ulta Beauty during the 2nd quarter worth about $35,000. Ransom Advisory Ltd bought a new position in Ulta Beauty during the 1st quarter worth about $36,000. MTM Investment Management LLC acquired a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $47,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Ulta Beauty in the second quarter valued at about $52,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $601.50 on Friday. Ulta Beauty Inc. has a 52-week low of $309.01 and a 52-week high of $611.90. The company has a market capitalization of $26.97 billion, a P/E ratio of 23.06, a price-to-earnings-growth ratio of 3.97 and a beta of 0.87. The company has a 50-day simple moving average of $532.44 and a 200 day simple moving average of $506.60.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. Ulta Beauty had a return on equity of 47.46% and a net margin of 9.93%.The firm had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the business earned $5.14 earnings per share. The business’s 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. As a group, equities analysts forecast that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Ratings Changes

ULTA has been the subject of a number of research reports. Piper Sandler set a $615.00 target price on Ulta Beauty in a research report on Friday. JPMorgan Chase & Co. raised their price target on shares of Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a research note on Monday, December 1st. Evercore ISI boosted their price objective on shares of Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a research report on Friday. Barclays reaffirmed an “overweight” rating and issued a $647.00 target price on shares of Ulta Beauty in a research report on Friday. Finally, UBS Group boosted their price target on shares of Ulta Beauty from $680.00 to $690.00 and gave the stock a “buy” rating in a research report on Friday. Fourteen investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Hold” and a consensus target price of $560.88.

About Ulta Beauty

Ulta Beauty, Inc operates as a specialty beauty retailer in the United States. The company offers branded and private label beauty products, including cosmetics, fragrance, haircare, skincare, bath and body products, professional hair products, and salon styling tools through its Ulta Beauty stores, shop-in-shops, Ulta.com website, and its mobile applications.