Advyzon Investment Management LLC Invests $431,000 in Ulta Beauty Inc. $ULTA

Advyzon Investment Management LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) during the third quarter, according to its most recent filing with the SEC. The firm acquired 789 shares of the specialty retailer’s stock, valued at approximately $431,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of Ulta Beauty in the 2nd quarter valued at $258,791,000. AQR Capital Management LLC raised its position in shares of Ulta Beauty by 76.6% in the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after acquiring an additional 207,084 shares during the period. Thrivent Financial for Lutherans boosted its stake in Ulta Beauty by 1,597.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 158,132 shares of the specialty retailer’s stock worth $86,459,000 after acquiring an additional 148,815 shares during the last quarter. Hudson Bay Capital Management LP acquired a new position in Ulta Beauty during the second quarter valued at approximately $62,170,000. Finally, Rakuten Investment Management Inc. acquired a new position in Ulta Beauty during the third quarter valued at approximately $71,997,000. 90.39% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

ULTA has been the topic of several analyst reports. Argus increased their target price on shares of Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, January 2nd. Robert W. Baird set a $700.00 price objective on Ulta Beauty in a research note on Wednesday, December 17th. Morgan Stanley boosted their target price on Ulta Beauty from $640.00 to $750.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. Jefferies Financial Group assumed coverage on Ulta Beauty in a research report on Wednesday, January 14th. They set a “hold” rating and a $700.00 price target on the stock. Finally, Piper Sandler reiterated an “overweight” rating and issued a $775.00 price objective on shares of Ulta Beauty in a research report on Tuesday, January 27th. One equities research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $626.84.

Ulta Beauty Stock Down 1.4%

Shares of ULTA stock opened at $682.89 on Friday. Ulta Beauty Inc. has a 12 month low of $309.01 and a 12 month high of $714.97. The company’s fifty day simple moving average is $649.79 and its 200-day simple moving average is $572.83. The firm has a market cap of $30.29 billion, a PE ratio of 26.18, a P/E/G ratio of 3.19 and a beta of 0.85.

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

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.