Rathbones Group PLC Purchases 5,990 Shares of Ulta Beauty Inc. $ULTA

Rathbones Group PLC lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 6.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 103,204 shares of the specialty retailer’s stock after buying an additional 5,990 shares during the quarter. Rathbones Group PLC’s holdings in Ulta Beauty were worth $62,439,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Holocene Advisors LP raised its holdings in Ulta Beauty by 339.6% during the third quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock valued at $207,732,000 after acquiring an additional 293,516 shares during the period. Andra AP fonden grew its position in shares of Ulta Beauty by 351,900.0% during the third quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock worth $125,096,000 after purchasing an additional 228,735 shares in the last quarter. Invesco Ltd. grew its position in shares of 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 purchasing an additional 211,485 shares in the last quarter. Caisse de depot et placement du Quebec raised its stake in Ulta Beauty by 249.8% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer’s stock valued at $161,747,000 after purchasing an additional 211,266 shares during the period. Finally, AQR Capital Management LLC raised its stake in Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after purchasing an additional 207,084 shares during the period. Institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Telsey Advisory Group upped their price target on Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Zacks Research downgraded shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Wells Fargo & Company upped their target price on shares of Ulta Beauty from $450.00 to $500.00 and gave the stock an “underweight” rating in a research report on Monday, March 9th. B. Riley Financial reaffirmed a “neutral” rating on shares of Ulta Beauty in a research note on Monday, December 8th. Finally, Robert W. Baird set a $700.00 price target on shares of Ulta Beauty in a report on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and an average target price of $671.27.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $537.39 on Monday. The company’s 50-day moving average price is $623.37 and its 200-day moving average price is $588.13. Ulta Beauty Inc. has a twelve month low of $323.36 and a twelve month high of $714.97. The company has a market cap of $23.51 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.97 and a beta of 0.95.

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