Ulta Beauty Inc. $ULTA Stock Holdings Lessened by Motco

Motco cut its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 4.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 21,440 shares of the specialty retailer’s stock after selling 956 shares during the period. Ulta Beauty makes up about 1.1% of Motco’s portfolio, making the stock its 29th largest holding. Motco’s holdings in Ulta Beauty were worth $11,722,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in ULTA. Daymark Wealth Partners LLC increased its position in Ulta Beauty by 4.8% in the third quarter. Daymark Wealth Partners LLC now owns 887 shares of the specialty retailer’s stock worth $485,000 after buying an additional 41 shares during the period. Letson Investment Management Inc. acquired a new position in shares of Ulta Beauty during the third quarter valued at approximately $225,000. Earned Wealth Advisors LLC lifted its position in Ulta Beauty by 7.5% in the third quarter. Earned Wealth Advisors LLC now owns 776 shares of the specialty retailer’s stock worth $424,000 after purchasing an additional 54 shares during the period. Asset Management One Co. Ltd. boosted its stake in Ulta Beauty by 2.7% during the 3rd quarter. Asset Management One Co. Ltd. now owns 20,046 shares of the specialty retailer’s stock valued at $10,960,000 after purchasing an additional 529 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of Ulta Beauty during the 3rd quarter valued at $215,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Price Performance

NASDAQ:ULTA opened at $620.04 on Monday. The stock has a market cap of $27.50 billion, a PE ratio of 23.77, a price-to-earnings-growth ratio of 3.27 and a beta of 0.85. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $622.27. The stock’s 50-day moving average is $555.51 and its two-hundred day moving average is $528.45.

Ulta Beauty (NASDAQ:ULTA) last issued its 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 company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The company’s revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter last year, the business posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, equities research analysts anticipate that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on ULTA shares. Oppenheimer set a $675.00 price objective on Ulta Beauty in a research note on Wednesday, December 10th. Zacks Research raised Ulta Beauty from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 30th. JPMorgan Chase & Co. upped their price target on shares of Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a report on Monday, December 1st. TD Cowen raised Ulta Beauty from a “hold” rating to a “buy” rating and lifted their price target for the stock from $600.00 to $725.00 in a research note on Monday, December 8th. Finally, Cowen upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $581.92.

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.