Intech Investment Management LLC Increases Stock Holdings in Ulta Beauty Inc. $ULTA

Intech Investment Management LLC increased its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 135.6% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,506 shares of the specialty retailer’s stock after purchasing an additional 3,744 shares during the quarter. Intech Investment Management LLC’s holdings in Ulta Beauty were worth $3,557,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Roberts Glore & Co. Inc. IL purchased a new position in Ulta Beauty during the third quarter worth $204,000. Fox Run Management L.L.C. raised its stake in shares of Ulta Beauty by 10.7% in the third quarter. Fox Run Management L.L.C. now owns 845 shares of the specialty retailer’s stock valued at $462,000 after acquiring an additional 82 shares during the period. Mufg Securities Americas Inc. lifted its holdings in shares of Ulta Beauty by 21.1% in the 3rd quarter. Mufg Securities Americas Inc. now owns 1,212 shares of the specialty retailer’s stock worth $663,000 after acquiring an additional 211 shares during the last quarter. Lake Street Private Wealth LLC lifted its holdings in shares of Ulta Beauty by 0.6% in the 3rd quarter. Lake Street Private Wealth LLC now owns 9,652 shares of the specialty retailer’s stock worth $5,277,000 after acquiring an additional 62 shares during the last quarter. Finally, Baldwin Investment Management LLC boosted its stake in shares of Ulta Beauty by 4.4% during the 3rd quarter. Baldwin Investment Management LLC now owns 3,293 shares of the specialty retailer’s stock worth $1,800,000 after purchasing an additional 140 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ULTA has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. Jefferies Financial Group initiated coverage on Ulta Beauty in a report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 price target on the stock. Evercore boosted their price objective on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Finally, Deutsche Bank Aktiengesellschaft set a $732.00 price objective on Ulta Beauty in a research report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $626.84.

Ulta Beauty Trading Down 1.6%

Shares of ULTA stock opened at $684.79 on Monday. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $714.97. The stock has a fifty day simple moving average of $659.05 and a two-hundred day simple moving average of $579.35. The stock 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 0.82.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $2.70 billion. During the same quarter last year, the firm posted $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. Research analysts predict that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal 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.