SG Americas Securities LLC Grows Stake in Ulta Beauty Inc. $ULTA

SG Americas Securities LLC lifted its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 79.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,178 shares of the specialty retailer’s stock after acquiring an additional 3,186 shares during the period. SG Americas Securities LLC’s holdings in Ulta Beauty were worth $3,925,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Cary Street Partners Investment Advisory LLC raised its holdings in Ulta Beauty by 107.7% during the second 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 in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at $25,000. Hemington Wealth Management grew its position in shares of Ulta Beauty by 142.9% in the 2nd quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 40 shares during the last quarter. Elevation Point Wealth Partners LLC acquired a new stake in Ulta Beauty during the 2nd quarter worth $35,000. Finally, Newbridge Financial Services Group Inc. lifted its position in Ulta Beauty by 52.0% in the second quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 26 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 1.3%

Ulta Beauty stock opened at $666.18 on Monday. The stock has a 50 day moving average of $569.17 and a two-hundred day moving average of $534.92. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $675.65. The stock has a market capitalization of $29.55 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 3.52 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping 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 business had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the business earned $5.14 earnings per share. The company’s quarterly 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. Equities analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. Cowen raised Ulta Beauty from a “hold” rating to a “buy” rating in a report on Monday, December 8th. Robert W. Baird set a $700.00 target price on Ulta Beauty in a research report on Wednesday, December 17th. Canaccord Genuity Group raised their price target on Ulta Beauty from $653.00 to $674.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. JPMorgan Chase & Co. boosted their price objective on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Finally, Argus raised their target price on shares of Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 2nd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $597.24.

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.