10,584 Shares in Ulta Beauty Inc. $ULTA Purchased by Caprock Group LLC

Caprock Group LLC purchased a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 10,584 shares of the specialty retailer’s stock, valued at approximately $5,787,000.

Other large investors have also recently added to or reduced their stakes in the company. State of Wyoming increased its position in shares of Ulta Beauty by 10.5% during the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares during the period. Quadrant Capital Group LLC boosted its stake in Ulta Beauty by 1.8% during the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock worth $545,000 after buying an additional 21 shares in the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of Ulta Beauty by 3.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock valued at $321,000 after buying an additional 22 shares in the last quarter. ORG Partners LLC raised its stake in shares of Ulta Beauty by 15.0% in the 3rd quarter. ORG Partners LLC now owns 176 shares of the specialty retailer’s stock valued at $96,000 after buying an additional 23 shares in the last quarter. Finally, Richard W. Paul & Associates LLC lifted its holdings in shares of Ulta Beauty by 0.8% during the 2nd quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock worth $1,399,000 after acquiring an additional 24 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Stock Up 0.6%

Shares of NASDAQ:ULTA opened at $683.05 on Thursday. Ulta Beauty Inc. has a 12 month low of $309.01 and a 12 month high of $700.81. The firm has a market cap of $30.30 billion, a P/E ratio of 26.19, a P/E/G ratio of 3.17 and a beta of 0.85. The company’s 50-day moving average price is $636.14 and its two-hundred day moving average price is $564.39.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $4.61 by $0.53. The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. Ulta Beauty’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same quarter last year, the business posted $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, equities analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. DA Davidson increased their price target on shares of Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Telsey Advisory Group reissued an “outperform” rating and issued a $640.00 target price (up from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. Canaccord Genuity Group boosted their price target on Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a research note on Friday, December 5th. UBS Group upped their price target on Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Finally, Oppenheimer lifted their price objective on Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $626.44.

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.