Ulta Beauty Inc. $ULTA Shares Sold by Berkeley Inc

Berkeley Inc trimmed its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 29.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,502 shares of the specialty retailer’s stock after selling 3,164 shares during the quarter. Berkeley Inc’s holdings in Ulta Beauty were worth $4,102,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in ULTA. Norges Bank acquired a new position in Ulta Beauty during the second quarter worth $258,791,000. AQR Capital Management LLC raised its position in shares of Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock worth $222,794,000 after purchasing an additional 207,084 shares during the last quarter. Hudson Bay Capital Management LP purchased a new position in Ulta Beauty in the 2nd quarter valued at about $62,170,000. Robeco Institutional Asset Management B.V. boosted its holdings in Ulta Beauty by 137.3% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 212,952 shares of the specialty retailer’s stock worth $116,432,000 after buying an additional 123,230 shares during the last quarter. Finally, Amundi boosted its holdings in Ulta Beauty by 27.0% in the 2nd quarter. Amundi now owns 448,546 shares of the specialty retailer’s stock worth $212,988,000 after buying an additional 95,320 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $675.62 on Wednesday. The company has a 50 day simple moving average of $589.87 and a 200-day simple moving average of $544.57. The company has a market capitalization of $29.97 billion, a P/E ratio of 25.91, a P/E/G ratio of 3.45 and a beta of 0.85. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $678.10.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, beating analysts’ consensus estimates of $4.61 by $0.53. The firm had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The firm’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period in the prior 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, research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ULTA shares. Telsey Advisory Group reissued an “outperform” rating and set a $640.00 target price (up previously from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. Guggenheim restated a “neutral” rating on shares of Ulta Beauty in a report on Friday, December 5th. Morgan Stanley lifted their target price on shares of Ulta Beauty from $640.00 to $750.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. B. Riley reiterated a “neutral” rating on shares of Ulta Beauty in a research report on Monday, December 8th. Finally, Zacks Research raised shares of Ulta Beauty from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 30th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Ulta Beauty has an average rating of “Moderate Buy” and an average target price of $610.64.

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.