Aberdeen Group plc Sells 2,253 Shares of Ulta Beauty Inc. $ULTA

Aberdeen Group plc lessened its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,752 shares of the specialty retailer’s stock after selling 2,253 shares during the quarter. Aberdeen Group plc owned about 0.09% of Ulta Beauty worth $24,050,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Ulta Beauty by 0.6% in the third quarter. Vanguard Group Inc. now owns 5,353,414 shares of the specialty retailer’s stock valued at $2,926,979,000 after buying an additional 33,674 shares during the period. State Street Corp lifted its stake in shares of Ulta Beauty by 2.3% in the 3rd quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock valued at $1,079,973,000 after purchasing an additional 44,182 shares during the period. Sanders Capital LLC boosted its position in shares of Ulta Beauty by 8.9% in the 3rd quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock worth $690,994,000 after purchasing an additional 103,540 shares during the last quarter. Invesco Ltd. boosted its holdings in Ulta Beauty by 33.6% during the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after buying an additional 211,485 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in Ulta Beauty by 7.5% during the third quarter. Franklin Resources Inc. now owns 626,093 shares of the specialty retailer’s stock worth $342,316,000 after buying an additional 43,458 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on ULTA. Wells Fargo & Company lifted their price objective on shares of Ulta Beauty from $450.00 to $500.00 and gave the stock an “underweight” rating in a research note on Monday, March 9th. Oppenheimer cut their price target on shares of Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. Barclays boosted their price objective on shares of Ulta Beauty from $680.00 to $712.00 and gave the company an “overweight” rating in a research report on Monday, March 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, January 21st. Finally, William Blair reissued a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty currently has a consensus rating of “Moderate Buy” and an average target price of $671.27.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $537.39 on Monday. Ulta Beauty Inc. has a one year low of $323.36 and a one year high of $714.97. The stock has a market cap of $23.51 billion, a P/E ratio of 20.97, a P/E/G ratio of 1.97 and a beta of 0.95. The company has a fifty day moving average price of $623.37 and a two-hundred day moving average price of $588.13.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter last year, the company posted $8.46 earnings per share. Ulta Beauty’s quarterly revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities research analysts anticipate that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

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.