Compass Wealth Management LLC Invests $18.99 Million in Ulta Beauty Inc. $ULTA

Compass Wealth Management LLC bought a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 34,728 shares of the specialty retailer’s stock, valued at approximately $18,988,000. Ulta Beauty comprises approximately 2.9% of Compass Wealth Management LLC’s portfolio, making the stock its 10th largest position. Compass Wealth Management LLC owned about 0.08% of Ulta Beauty as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ULTA. Focus Partners Wealth boosted its stake in shares of Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after purchasing an additional 2,615 shares during the period. Intech Investment Management LLC raised its holdings in Ulta Beauty by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock valued at $1,758,000 after buying an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Ulta Beauty during the 2nd quarter valued at $466,000. Farther Finance Advisors LLC boosted its position in Ulta Beauty by 16.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 860 shares of the specialty retailer’s stock valued at $402,000 after buying an additional 123 shares during the period. Finally, Public Employees Retirement System of Ohio grew its holdings in Ulta Beauty by 5.7% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 15,067 shares of the specialty retailer’s stock worth $7,049,000 after acquiring an additional 813 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Trading Down 3.6%

ULTA opened at $661.34 on Tuesday. The company has a market cap of $29.34 billion, a price-to-earnings ratio of 25.36, a price-to-earnings-growth ratio of 3.56 and a beta of 0.85. The stock has a fifty day simple moving average of $601.96 and a two-hundred day simple moving average of $550.21. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $695.34.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.61 by $0.53. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period last year, the business earned $5.14 EPS. Ulta Beauty’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. On average, analysts predict that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Argus upped their price objective on shares of Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a research note on Friday, January 2nd. TD Cowen increased their price objective on Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. Zacks Research upgraded Ulta Beauty from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 30th. Guggenheim restated a “neutral” rating on shares of Ulta Beauty in a report on Friday, December 5th. Finally, Barclays reiterated an “overweight” rating and issued a $680.00 price target on shares of Ulta Beauty in a report on Tuesday, January 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $620.04.

Ulta Beauty Company 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.