Ulta Beauty Inc. $ULTA Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas lifted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 376.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,790 shares of the specialty retailer’s stock after acquiring an additional 25,910 shares during the quarter. Teacher Retirement System of Texas’ holdings in Ulta Beauty were worth $17,928,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of ULTA. Cary Street Partners Investment Advisory LLC boosted its position in shares of Ulta Beauty by 107.7% in the 2nd 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 Ulta Beauty during the 3rd quarter worth about $25,000. Hemington Wealth Management lifted its stake in Ulta Beauty by 142.9% during the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in shares of Ulta Beauty in the third quarter worth about $31,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in shares of Ulta Beauty in the second quarter worth about $35,000. 90.39% of the stock is owned by institutional investors and hedge funds.

More Ulta Beauty News

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

• Positive Sentiment: Expansion into the Middle East: Ulta announced its first UAE store at Mall of the Emirates (opening Jan. 29) in partnership with franchise operator Alshaya, building on a November Kuwait debut — a move that diversifies revenue and uses a partner-led model to limit capex. Read More. Read More.
• Positive Sentiment: Analyst optimism: TD Cowen raised Ulta’s price target to $775, signaling bullish analyst sentiment that can support the stock as investors re-rate long-term growth expectations. Read More.
• Positive Sentiment: New retail concepts: Ulta is expanding wellness-focused shop‑in‑shop boutiques, aligning with consumer wellness trends and opening new margin and traffic drivers within stores. Read More.
• Positive Sentiment: Strong consumer demand: Tickets for Ulta Beauty World sold out in minutes, showing high brand engagement and the power of experiential marketing to drive loyalty and future spend. Read More.
• Neutral Sentiment: Upcoming earnings: Ulta is about to report Q4 results; previews note expectations of weaker EPS, so the report (and company guidance) will be the immediate catalyst to confirm whether growth and margin momentum continue. Monitor the release for actual versus expected numbers. Read More.
• Negative Sentiment: PR/backlash risk from event execution: While demand was strong, rapid sell-outs and ticketing issues have led to customer disappointment and negative headlines — a short-term reputational risk that could draw management time and attention and may pressure sentiment if unresolved. Read More. Read More.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ULTA shares. Oppenheimer boosted their price target on shares of Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday. Wells Fargo & Company lifted their price objective on shares of Ulta Beauty from $425.00 to $450.00 and gave the stock an “underweight” rating in a research report on Thursday, October 16th. Raymond James Financial raised shares of Ulta Beauty from an “outperform” rating to a “strong-buy” rating and boosted their target price for the company from $605.00 to $790.00 in a research note on Wednesday. Barclays reaffirmed an “overweight” rating and issued a $680.00 target price on shares of Ulta Beauty in a research report on Tuesday, January 6th. Finally, Piper Sandler set a $615.00 price target on Ulta Beauty in a report on Friday, December 5th. Two research 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 assigned a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $620.04.

Ulta Beauty Trading Up 0.7%

NASDAQ ULTA opened at $686.12 on Friday. Ulta Beauty Inc. has a 1-year low of $309.01 and a 1-year high of $695.34. The company has a market capitalization of $30.44 billion, a PE ratio of 26.31, a price-to-earnings-growth ratio of 3.56 and a beta of 0.85. The firm’s fifty day simple moving average is $598.92 and its 200-day simple moving average is $548.40.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data 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. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter last year, the firm earned $5.14 earnings per share. The business’s revenue for the quarter was up 12.9% on a year-over-year basis. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, analysts predict that Ulta Beauty Inc. will post 23.96 EPS for the current year.

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.