Dakota Wealth Management Reduces Stock Holdings in Ulta Beauty Inc. $ULTA

Dakota Wealth Management cut its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 43.0% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,286 shares of the specialty retailer’s stock after selling 1,727 shares during the period. Dakota Wealth Management’s holdings in Ulta Beauty were worth $1,250,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Swedbank AB grew its holdings in shares of Ulta Beauty by 6.7% during the third 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. Keybank National Association OH boosted its position in Ulta Beauty by 1.6% during the 3rd quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer’s stock valued at $73,204,000 after purchasing an additional 2,121 shares during the period. Rakuten Investment Management Inc. bought a new position in Ulta Beauty during the 3rd quarter worth $71,997,000. Assenagon Asset Management S.A. grew its stake in Ulta Beauty by 90.1% during the 3rd quarter. Assenagon Asset Management S.A. now owns 36,647 shares of the specialty retailer’s stock worth $20,037,000 after buying an additional 17,365 shares during the last quarter. Finally, Generali Asset Management SPA SGR increased its position in Ulta Beauty by 2,732.7% in the third quarter. Generali Asset Management SPA SGR now owns 4,164 shares of the specialty retailer’s stock worth $2,277,000 after buying an additional 4,017 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Stock Down 0.3%

Shares of NASDAQ ULTA opened at $684.27 on Thursday. The stock’s fifty day simple moving average is $655.28 and its 200 day simple moving average is $576.47. The stock has a market capitalization of $30.35 billion, a price-to-earnings ratio of 26.24, a PEG ratio of 3.20 and a beta of 0.85. Ulta Beauty Inc. has a 52-week low of $309.01 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate of $4.61 by $0.53. The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.Ulta Beauty’s revenue was up 12.9% compared to the same quarter last year. During the same period in the prior 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, analysts anticipate that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on ULTA shares. JPMorgan Chase & Co. boosted their price target on shares of Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Canaccord Genuity Group boosted their target price on shares of Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Jefferies Financial Group initiated coverage on shares of Ulta Beauty in a research report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 target price for the company. Robert W. Baird set a $700.00 price target on Ulta Beauty in a report on Wednesday, December 17th. Finally, Deutsche Bank Aktiengesellschaft set a $732.00 price objective on Ulta Beauty in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $626.84.

Ulta Beauty News Summary

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: JPMorgan raised its price target to $800 (from $647) and kept an Overweight rating, signaling continued confidence in Ulta’s growth, though the firm removed ULTA from its Analyst Focus List after the recent rally. Read More.
• Positive Sentiment: Zacks highlights Ulta’s earnings growth and price strength, naming ULTA a stock to watch based on recent fundamentals and momentum. Read More.
• Positive Sentiment: Technical breakout: ULTA recently crossed above its 20‑day moving average, a short‑term bullish signal that technical traders monitor for momentum continuation. Read More.
• Positive Sentiment: Momentum: recent coverage notes Ulta has outperformed the market (90‑day share gain ~28% and strong 1‑year returns), reflecting solid underlying demand and investor enthusiasm. Read More.
• Positive Sentiment: Strategic edge: reporting on Ulta’s use of AI personalization highlights efforts to drive loyalty and higher‑value customer engagement — a structural positive for comp growth and margins if adoption scales. Read More.
• Neutral Sentiment: Valuation review: analysts are reassessing ULTA after the strong run; some writeups analyze elevated valuation metrics and whether recent gains are fully justified by fundamentals. Read More.
• Neutral Sentiment: Balanced views: pieces that list reasons to like Ulta alongside cautions emphasize solid results but remind investors to watch margins, comps and guidance for signs the rally can sustain. Read More.
• Neutral Sentiment: Industry context: broader coverage of beauty retail expansions and brand distribution shifts (including SACHEU expanding into Target) add context to competitive dynamics that could influence Ulta’s market share over time. Read More. Read More.

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.