Allstate Corp Invests $863,000 in Ulta Beauty Inc. $ULTA

Allstate Corp purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) during the third quarter, according to its most recent filing with the SEC. The firm purchased 1,579 shares of the specialty retailer’s stock, valued at approximately $863,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. bought a new stake in Ulta Beauty in the third quarter valued at approximately $25,000. Cary Street Partners Investment Advisory LLC boosted its position in shares of 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. Hemington Wealth Management grew its holdings 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 period. Elevation Point Wealth Partners LLC bought a new stake in shares of Ulta Beauty in the 2nd quarter valued at $35,000. Finally, Newbridge Financial Services Group Inc. increased its position in shares of Ulta Beauty by 52.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock valued at $36,000 after buying an additional 26 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. DA Davidson lifted their target price on Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. Zacks Research upgraded Ulta Beauty from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. Argus boosted their price objective on Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 2nd. Finally, TD Cowen raised their target price on shares of Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and an average target price of $620.04.

Ulta Beauty Trading Up 1.2%

Shares of ULTA stock opened at $683.45 on Thursday. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $695.34. The firm’s fifty day moving average price is $592.83 and its two-hundred day moving average price is $545.54. The firm has a market capitalization of $30.32 billion, a P/E ratio of 26.21, a PEG ratio of 3.51 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data 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 company 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% on a year-over-year basis. During the same period in the prior year, the business posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, equities research analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

Ulta Beauty News Roundup

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: TD Cowen raised its price target on ULTA to $775 and kept a Buy rating, signaling analyst conviction and providing upside to estimates. TD Cowen raises ULTA price target to $775
• Positive Sentiment: Ulta Beauty World tickets sold out quickly, demonstrating very high consumer engagement and brand demand that supports foot traffic, loyalty and promotional leverage for 2026. Ulta Beauty World 2026 tickets sold out? What we know
• Positive Sentiment: Skincare is highlighted as a key demand anchor with high-single-digit comp growth in Q3 driven by prestige, mass, wellness and K‑beauty — a category mix that supports higher margins and basket size. Is Ulta Beauty’s Skincare Business Emerging as a Key Demand Anchor?
• Positive Sentiment: New brand placements (e.g., Naomi Watts’ Stripes Beauty) and popular product mentions help broaden assortment and attract new customers — incremental revenue drivers. Naomi Watts’ Stripes Beauty lands in Ulta Beauty
• Neutral Sentiment: Shares recently hit all‑time highs and valuation commentary is concurrent with strong momentum; investors should weigh growth vs. a premium multiple. Ulta Beauty stock hits all-time high
• Neutral Sentiment: Market context is mixed — broader indices pulled back recently while ULTA has shown relative strength; this can amplify moves in either direction. Here Are Wednesday’s Top Wall Street Analyst Research Calls
• Negative Sentiment: Ticketing execution drew criticism — coverage frames the sellout and tiny ticket allotment as a PR case study in poor planning (millions chasing thousands of tickets), which could dent goodwill with core customers if not managed. Ulta Beauty World 2026: PR case study in what not to do

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.