Ulta Beauty Inc. $ULTA Shares Acquired by Atria Investments Inc

Atria Investments Inc lifted its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 21.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,903 shares of the specialty retailer’s stock after acquiring an additional 852 shares during the period. Atria Investments Inc’s holdings in Ulta Beauty were worth $2,681,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of ULTA. Cary Street Partners Investment Advisory LLC increased its stake in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 28 shares during the period. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty during the third quarter worth about $25,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Ulta Beauty during the third quarter worth about $31,000. Elevation Point Wealth Partners LLC acquired a new position in Ulta Beauty in the 2nd quarter valued at about $35,000. Finally, Newbridge Financial Services Group Inc. increased its position in Ulta Beauty by 52.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 26 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 2.4%

Shares of Ulta Beauty stock opened at $683.40 on Tuesday. The company has a 50-day moving average of $642.33 and a two-hundred day moving average of $568.14. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $700.81. The stock has a market cap of $30.32 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 3.19 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The company’s revenue was up 12.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, sell-side analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

ULTA has been the topic of several analyst reports. Barclays reiterated an “overweight” rating and issued a $680.00 target price on shares of Ulta Beauty in a research note on Tuesday, January 6th. Morgan Stanley increased their price target on Ulta Beauty from $640.00 to $750.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Oppenheimer boosted their price objective on shares of Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Raymond James Financial upgraded shares of Ulta Beauty from an “outperform” rating to a “strong-buy” rating and raised their target price for the stock from $605.00 to $790.00 in a research note on Wednesday, January 21st. Finally, Evercore lifted their target price on shares of Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. One research 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 stock. According to MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.44.

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.