Ulta Beauty Inc. $ULTA Stock Holdings Reduced by Isthmus Partners LLC

Isthmus Partners LLC lowered its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.6% in the 3rd quarter, HoldingsChannel reports. The firm owned 29,187 shares of the specialty retailer’s stock after selling 794 shares during the quarter. Ulta Beauty comprises approximately 3.5% of Isthmus Partners LLC’s holdings, making the stock its 4th largest holding. Isthmus Partners LLC’s holdings in Ulta Beauty were worth $15,958,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in Ulta Beauty during the third quarter valued at approximately $533,000. D Orazio & Associates Inc. purchased a new stake in Ulta Beauty during the third quarter worth $222,000. Compass Wealth Management LLC bought a new stake in Ulta Beauty during the 3rd quarter valued at $18,988,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. boosted its position in Ulta Beauty by 50.9% during the 3rd quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,797 shares of the specialty retailer’s stock valued at $64,563,000 after acquiring an additional 40,087 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board increased its holdings in shares of Ulta Beauty by 3.9% in the 3rd quarter. Ontario Teachers Pension Plan Board now owns 1,211 shares of the specialty retailer’s stock valued at $662,000 after acquiring an additional 46 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ULTA. Deutsche Bank Aktiengesellschaft set a $732.00 price objective on Ulta Beauty in a research note on Thursday, January 8th. B. Riley Financial reissued a “neutral” rating on shares of Ulta Beauty in a research report on Monday, December 8th. TD Cowen lifted their price objective on shares of Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Raymond James Financial boosted their price objective on shares of Ulta Beauty from $647.00 to $800.00 and gave the stock a “strong-buy” rating in a research note on Friday. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $640.00 target price (up from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus price target of $626.84.

Ulta Beauty Stock Performance

Ulta Beauty stock opened at $682.89 on Friday. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $714.97. The company has a market cap of $30.29 billion, a PE ratio of 26.18, a PEG ratio of 3.23 and a beta of 0.85. The business’s 50-day simple moving average is $649.79 and its two-hundred day simple moving average is $572.40.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping 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 the consensus estimate of $2.70 billion. During the same quarter in the previous year, the company posted $5.14 earnings per share. The company’s revenue was up 12.9% compared to the same quarter last year. 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 fiscal year.

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.