Ulta Beauty Inc. $ULTA Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp lowered its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 16.8% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,645 shares of the specialty retailer’s stock after selling 2,757 shares during the quarter. Boston Trust Walden Corp’s holdings in Ulta Beauty were worth $7,460,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. J. Safra Sarasin Holding AG increased its holdings in shares of Ulta Beauty by 167.8% in the 2nd quarter. J. Safra Sarasin Holding AG now owns 4,513 shares of the specialty retailer’s stock valued at $2,111,000 after acquiring an additional 2,828 shares during the last quarter. Ascent Group LLC acquired a new position in Ulta Beauty in the second quarter valued at approximately $395,000. Assenagon Asset Management S.A. increased its stake in Ulta Beauty by 90.1% in the third quarter. Assenagon Asset Management S.A. now owns 36,647 shares of the specialty retailer’s stock valued at $20,037,000 after purchasing an additional 17,365 shares during the last quarter. Stance Capital LLC acquired a new stake in Ulta Beauty during the second quarter worth approximately $3,809,000. Finally, Allegiance Financial Group Advisory Services LLC purchased a new stake in shares of Ulta Beauty during the 2nd quarter worth approximately $306,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on ULTA. UBS Group increased their target price on shares of Ulta Beauty from $680.00 to $690.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Robert W. Baird set a $700.00 target price on Ulta Beauty in a research report on Wednesday, December 17th. DA Davidson boosted their target price on Ulta Beauty from $625.00 to $650.00 and gave the company a “buy” rating in a report on Friday, December 5th. Oppenheimer set a $675.00 target price on Ulta Beauty in a research report on Wednesday, December 10th. Finally, Barclays reaffirmed an “overweight” rating and set a $647.00 price target on shares of Ulta Beauty in a research report on Friday, December 5th. Sixteen analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $576.50.

Ulta Beauty Stock Up 0.4%

ULTA opened at $606.89 on Wednesday. Ulta Beauty Inc. has a 52 week low of $309.01 and a 52 week high of $616.34. The business has a 50 day moving average price of $550.14 and a two-hundred day moving average price of $525.55. The company has a market cap of $26.92 billion, a PE ratio of 23.27, a P/E/G ratio of 3.19 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.61 by $0.53. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the business posted $5.14 EPS. The company’s revenue was up 12.9% on a year-over-year basis. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, sell-side 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.