FFG Partners LLC Makes New $9 Million Investment in Ulta Beauty Inc. $ULTA

FFG Partners LLC purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 16,460 shares of the specialty retailer’s stock, valued at approximately $9,000,000. Ulta Beauty accounts for about 2.4% of FFG Partners LLC’s holdings, making the stock its 20th biggest holding.

Other institutional investors have also recently modified their holdings of the company. Quadrant Capital Group LLC lifted its holdings in Ulta Beauty by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after acquiring an additional 21 shares during the period. ORG Partners LLC increased its holdings in shares of Ulta Beauty by 17.7% in the 2nd quarter. ORG Partners LLC now owns 153 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 23 shares in the last quarter. Chesley Taft & Associates LLC lifted its stake in shares of Ulta Beauty by 3.0% in the second quarter. Chesley Taft & Associates LLC now owns 834 shares of the specialty retailer’s stock valued at $390,000 after purchasing an additional 24 shares during the period. OFI Invest Asset Management boosted its holdings in Ulta Beauty by 6.8% during the second quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock worth $175,000 after buying an additional 24 shares in the last quarter. Finally, Richard W. Paul & Associates LLC grew its position in Ulta Beauty by 0.8% during the second quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock worth $1,399,000 after buying an additional 24 shares during the period. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Oppenheimer set a $675.00 price target on shares of Ulta Beauty in a research report on Wednesday, December 10th. DA Davidson upped their price target on Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Argus raised Ulta Beauty from a “hold” rating to a “buy” rating and set a $570.00 price objective for the company in a research note on Thursday, September 25th. Robert W. Baird set a $700.00 target price on Ulta Beauty in a research report on Wednesday, December 17th. Finally, Raymond James Financial reissued an “outperform” rating on shares of Ulta Beauty in a report on Friday, December 5th. Sixteen analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $576.50.

Ulta Beauty Stock Down 0.2%

ULTA opened at $607.52 on Monday. The firm has a market cap of $26.95 billion, a P/E ratio of 23.29, a PEG ratio of 3.21 and a beta of 0.87. The business’s fifty day simple moving average is $546.90 and its 200 day simple moving average is $523.50. Ulta Beauty Inc. has a 52 week low of $309.01 and a 52 week high of $616.34.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The company’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, equities analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

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.