Dynamic Technology Lab Private Ltd Makes New $568,000 Investment in Ulta Beauty Inc. $ULTA

Dynamic Technology Lab Private Ltd acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 1,039 shares of the specialty retailer’s stock, valued at approximately $568,000.

Several other hedge funds also recently modified their holdings of the company. State of Wyoming grew its holdings in Ulta Beauty by 10.5% during the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares during the period. Quadrant Capital Group LLC lifted its position in shares of 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 buying an additional 21 shares during the last quarter. Level Four Advisory Services LLC lifted its holdings in Ulta Beauty by 4.8% during the 3rd quarter. Level Four Advisory Services LLC now owns 459 shares of the specialty retailer’s stock worth $251,000 after purchasing an additional 21 shares during the last quarter. Hardy Reed LLC lifted its holdings in shares of Ulta Beauty by 3.0% during the 3rd 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 period. Finally, Stratos Wealth Partners LTD. lifted its holdings in shares of Ulta Beauty by 3.9% in the third quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock worth $321,000 after acquiring an additional 22 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

More Ulta Beauty News

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

• Positive Sentiment: Canaccord raised its price target sharply to $799 and kept a Buy rating, signaling sizable upside versus the current stock level. Article Title
• Positive Sentiment: Telsey and Barclays also lifted targets (Telsey to $715; Barclays to $712), reinforcing analyst conviction ahead of Ulta’s earnings. Article Title
• Positive Sentiment: Ulta is expanding exclusive brands (adding Hairstory and NassifMD to more doors/marketplace) and running its multi‑week “21 Days of Beauty” promotion — moves that can lift in‑store and online traffic and deepen loyalty. Ulta Beauty Expands Exclusive Brands This Week’s Best Deals at Ulta
• Neutral Sentiment: Earnings season is imminent; several outlets highlight Ulta on the calendar — upcoming results and guidance will be the near‑term catalyst and could drive volatility in either direction. Earnings Calendar Wall Street Insights
• Neutral Sentiment: Broader press coverage notes multiple firms lifting targets ahead of earnings, reflecting heightened analyst focus rather than new company fundamentals. Wall Street Lifts Targets
• Negative Sentiment: Wells Fargo raised its target to $500 but kept an Underweight rating, highlighting divergent analyst views and the potential for downside if results disappoint. Article Title
• Negative Sentiment: Technically the stock sits below its 50‑day moving average (short‑term resistance), which could cap near‑term upside if post‑earnings momentum fades — watch guidance and comp metrics closely.

Analysts Set New Price Targets

ULTA has been the topic of several research reports. Robert W. Baird set a $700.00 price objective on shares of Ulta Beauty in a report on Wednesday, December 17th. Jefferies Financial Group began coverage on Ulta Beauty in a research note on Wednesday, January 14th. They set a “hold” rating and a $700.00 price objective for the company. Evercore raised their price objective on shares of Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a report on Monday. Finally, DA Davidson raised their target price on Ulta Beauty from $625.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty has a consensus rating of “Moderate Buy” and an average target price of $638.12.

Ulta Beauty Stock Up 0.8%

Shares of ULTA stock opened at $647.23 on Wednesday. The firm has a market capitalization of $28.71 billion, a PE ratio of 24.82, a P/E/G ratio of 2.99 and a beta of 0.82. Ulta Beauty Inc. has a 52 week low of $309.01 and a 52 week high of $714.97. The company has a 50 day moving average price of $665.94 and a 200-day moving average price of $586.04.

About Ulta Beauty

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.