Ulta Beauty Inc. $ULTA Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH increased its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 979.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 74,201 shares of the specialty retailer’s stock after purchasing an additional 67,325 shares during the period. Allianz Asset Management GmbH owned 0.17% of Ulta Beauty worth $40,569,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in ULTA. Marshall Wace LLP lifted its stake in Ulta Beauty by 9.4% in the second quarter. Marshall Wace LLP now owns 654,598 shares of the specialty retailer’s stock valued at $306,234,000 after buying an additional 56,063 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of Ulta Beauty by 5.4% in the 2nd quarter. Franklin Resources Inc. now owns 582,635 shares of the specialty retailer’s stock worth $272,568,000 after acquiring an additional 30,100 shares during the period. Swedbank AB lifted its position in Ulta Beauty by 6.7% in the 3rd quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock valued at $317,938,000 after purchasing an additional 36,456 shares during the last quarter. Norges Bank acquired a new position in Ulta Beauty during the 2nd quarter valued at about $258,791,000. Finally, AQR Capital Management LLC boosted its stake in Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after purchasing an additional 207,084 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ULTA has been the topic of a number of recent analyst reports. Bank of America lifted their price target on Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $732.00 target price on Ulta Beauty in a research note on Thursday, January 8th. Robert W. Baird set a $700.00 price target on Ulta Beauty in a research note on Wednesday, December 17th. Telsey Advisory Group reissued an “outperform” rating and set a $640.00 price target (up from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. Finally, Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a report on Friday, December 5th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $626.44.

Ulta Beauty Stock Performance

ULTA opened at $677.91 on Friday. The company has a market capitalization of $30.07 billion, a PE ratio of 25.99, a P/E/G ratio of 3.16 and a beta of 0.85. The stock’s fifty day moving average is $624.78 and its 200-day moving average is $558.99. Ulta Beauty Inc. has a one year low of $309.01 and a one year high of $695.34.

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

About Ulta Beauty

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.