Cresset Asset Management LLC Raises Holdings in Ulta Beauty Inc. $ULTA

Cresset Asset Management LLC raised its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 139.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,676 shares of the specialty retailer’s stock after purchasing an additional 1,558 shares during the period. Cresset Asset Management LLC’s holdings in Ulta Beauty were worth $1,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. State of Wyoming grew 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 worth $115,000 after buying an additional 20 shares in the last quarter. Quadrant Capital Group LLC raised its holdings in Ulta Beauty by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after acquiring an additional 21 shares in the last quarter. Level Four Advisory Services LLC lifted its stake in Ulta Beauty by 4.8% in the third quarter. Level Four Advisory Services LLC now owns 459 shares of the specialty retailer’s stock worth $251,000 after acquiring an additional 21 shares during the last quarter. Hardy Reed LLC lifted its stake in Ulta Beauty by 3.0% in the third quarter. Hardy Reed LLC now owns 767 shares of the specialty retailer’s stock worth $419,000 after acquiring an additional 22 shares during the last quarter. Finally, Stratos Wealth Partners LTD. grew its holdings in Ulta Beauty by 3.9% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock worth $321,000 after acquiring an additional 22 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Down 1.1%

ULTA stock opened at $646.34 on Monday. The stock has a market cap of $28.67 billion, a P/E ratio of 24.78, a PEG ratio of 3.01 and a beta of 0.82. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $714.97. The company’s 50 day moving average is $664.38 and its two-hundred day moving average is $584.35.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (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 analysts’ expectations of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $5.14 EPS. On average, equities research analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have commented on ULTA. UBS Group increased their price objective on shares of Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Evercore lifted their price objective on shares of Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. TD Cowen boosted their target price on shares of Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. JPMorgan Chase & Co. increased their target price on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $640.00 price target (up from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ulta Beauty has a consensus rating of “Moderate Buy” and an average price target of $626.84.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Ulta kicked off its high-profile “21 Days of Beauty” event — a proven traffic and sales driver that can boost same‑store sales and basket size during the quarter. Ulta’s 21 Days of Beauty starts today Ulta’s biggest beauty sale is back. Don’t sleep on these deals.
• Positive Sentiment: Media show large, headline discounts (up to 50% on targeted brands) that could accelerate traffic and clearance of seasonal inventory — supportive for near-term revenue. Ulta slashed 50% off Bondi Boost’s HG line Ulta 21 days of beauty: Get up to 50% off top makeup, skincare + more
• Positive Sentiment: Analyst and preview coverage broadly expects Ulta to beat Q4 estimates — citing loyalty program strength, digital gains and brand launches — which supports a premium valuation thesis. Ulta Beauty (ULTA) Expected to Beat Earnings Estimates Ulta expected to beat — Zacks
• Neutral Sentiment: Consensus analyst ratings remain constructive (consensus “Moderate Buy”), which provides support but not new upside absent strong EPS/margin beats. Ulta receives consensus rating of Moderate Buy
• Positive Sentiment: Retail real estate activity continues: Ulta was signed for a mixed‑use development in SW Florida, signaling steady store expansion and omnichannel footprint growth. Zuckerman signs T.J. Maxx, Ulta Beauty at mixed-use development
• Negative Sentiment: Some previews warn of margin pressure from higher costs and promotional intensity — a risk that could offset revenue beats and temper EPS, which may be why the stock is trading lower. Ulta Q4 earnings on deck — margin pressure noted

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.