Baader Bank Aktiengesellschaft Has $15.86 Million Stock Holdings in Ulta Beauty Inc. $ULTA

Baader Bank Aktiengesellschaft raised its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 20.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 29,016 shares of the specialty retailer’s stock after purchasing an additional 4,992 shares during the quarter. Ulta Beauty accounts for 1.0% of Baader Bank Aktiengesellschaft’s portfolio, making the stock its 14th largest holding. Baader Bank Aktiengesellschaft owned approximately 0.06% of Ulta Beauty worth $15,861,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of ULTA. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of Ulta Beauty by 107.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after buying an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of Ulta Beauty in the third quarter worth about $25,000. Grey Fox Wealth Advisors LLC purchased a new position in Ulta Beauty during the 3rd quarter valued at about $31,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Ulta Beauty during the second quarter valued at about $35,000. Finally, Newbridge Financial Services Group Inc. grew 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 worth $36,000 after buying an additional 26 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Trading Down 2.4%

Ulta Beauty stock opened at $679.28 on Wednesday. The stock has a 50 day moving average of $633.37 and a two-hundred day moving average of $563.55. The stock has a market capitalization of $30.13 billion, a price-to-earnings ratio of 26.05, a PEG ratio of 3.25 and a beta of 0.85. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $700.81.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results 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 business had revenue of $2.86 billion for 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 business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the firm posted $5.14 EPS. 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.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Barclays reaffirmed an “overweight” rating and set a $680.00 price target on shares of Ulta Beauty in a research report on Tuesday, January 6th. Robert W. Baird set a $700.00 price target on Ulta Beauty in a research report on Wednesday, December 17th. JPMorgan Chase & Co. upped their price objective on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Piper Sandler reiterated an “overweight” rating and set a $775.00 price target on shares of Ulta Beauty in a research note on Tuesday, January 27th. Finally, Bank of America boosted their price objective on shares of Ulta Beauty from $610.00 to $685.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and a consensus target price of $626.44.

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.