Ulta Beauty Inc. $ULTA Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 13.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,321 shares of the specialty retailer’s stock after acquiring an additional 5,910 shares during the quarter. Jones Financial Companies Lllp owned 0.11% of Ulta Beauty worth $27,215,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Fortem Financial Group LLC raised its stake in shares of Ulta Beauty by 23.1% during the 3rd quarter. Fortem Financial Group LLC now owns 3,494 shares of the specialty retailer’s stock worth $1,910,000 after buying an additional 656 shares during the period. Mutual Advisors LLC increased its holdings in Ulta Beauty by 79.3% in the 3rd quarter. Mutual Advisors LLC now owns 1,219 shares of the specialty retailer’s stock worth $639,000 after acquiring an additional 539 shares in the last quarter. Transcend Capital Advisors LLC acquired a new position in Ulta Beauty during the third quarter worth $216,000. Thrivent Financial for Lutherans lifted its holdings in Ulta Beauty by 1,597.2% during the third quarter. Thrivent Financial for Lutherans now owns 158,132 shares of the specialty retailer’s stock valued at $86,459,000 after purchasing an additional 148,815 shares in the last quarter. Finally, Independent Advisor Alliance lifted its holdings in Ulta Beauty by 14.2% during the third quarter. Independent Advisor Alliance now owns 3,818 shares of the specialty retailer’s stock valued at $2,088,000 after purchasing an additional 476 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ULTA. Evercore ISI lifted their price target on Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a research note on Friday, December 5th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $640.00 target price (up previously from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a report on Friday, December 5th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. Finally, TD Cowen raised their price target 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. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $626.44.

Ulta Beauty Price Performance

ULTA stock opened at $673.39 on Wednesday. The business’s 50-day moving average is $619.05 and its two-hundred day moving average is $557.31. The firm has a market capitalization of $29.87 billion, a P/E ratio of 25.82, a P/E/G ratio of 3.10 and a beta of 0.85. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $695.34.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.61 by $0.53. The firm 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%.The firm’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same period in the prior year, the company posted $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current 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.