Creekmur Asset Management LLC Has $816,000 Holdings in Ulta Beauty Inc. $ULTA

Creekmur Asset Management LLC decreased its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 34.8% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 1,492 shares of the specialty retailer’s stock after selling 798 shares during the period. Creekmur Asset Management LLC’s holdings in Ulta Beauty were worth $816,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Ulta Beauty by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,353,414 shares of the specialty retailer’s stock worth $2,926,979,000 after purchasing an additional 33,674 shares during the last quarter. Marshall Wace LLP raised its position in shares of Ulta Beauty by 9.4% in the second quarter. Marshall Wace LLP now owns 654,598 shares of the specialty retailer’s stock valued at $306,234,000 after purchasing an additional 56,063 shares during the period. Franklin Resources Inc. lifted its stake in shares of Ulta Beauty by 5.4% in the second quarter. Franklin Resources Inc. now owns 582,635 shares of the specialty retailer’s stock worth $272,568,000 after buying an additional 30,100 shares during the last quarter. Swedbank AB boosted its holdings in shares of Ulta Beauty by 6.7% during the 3rd quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock worth $317,938,000 after buying an additional 36,456 shares during the period. Finally, Norges Bank bought a new stake in shares of Ulta Beauty during the 2nd quarter worth $258,791,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Stock Down 1.6%

Shares of ULTA opened at $684.79 on Friday. The stock’s 50-day moving average price is $659.05 and its 200 day moving average price is $579.02. The firm has a market capitalization of $30.38 billion, a price-to-earnings ratio of 26.26, a P/E/G ratio of 3.19 and a beta of 0.85. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.61 by $0.53. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The company’s quarterly revenue was up 12.9% on a year-over-year basis. During the same quarter last year, the company earned $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Equities research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Analyst Upgrades and Downgrades

Several research analysts recently commented on ULTA shares. Oppenheimer lifted their target price on shares of Ulta Beauty from $675.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. B. Riley Financial reiterated a “neutral” rating on shares of Ulta Beauty in a research note on Monday, December 8th. Deutsche Bank Aktiengesellschaft set a $732.00 price objective on Ulta Beauty in a research report on Thursday, January 8th. Robert W. Baird set a $700.00 target price on Ulta Beauty in a report on Wednesday, December 17th. Finally, JPMorgan Chase & Co. lifted their price target on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $626.84.

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.