Northstar Advisory Group LLC Invests $1.18 Million in Ulta Beauty Inc. $ULTA

Northstar Advisory Group LLC bought a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,157 shares of the specialty retailer’s stock, valued at approximately $1,179,000.

Other institutional investors have also recently added to or reduced their stakes in the company. EFG Asset Management North America Corp. raised its position in Ulta Beauty by 24.0% in the third quarter. EFG Asset Management North America Corp. now owns 5,919 shares of the specialty retailer’s stock valued at $3,237,000 after purchasing an additional 1,145 shares during the period. Compass Wealth Management LLC acquired a new stake in shares of Ulta Beauty in the third quarter valued at about $18,988,000. Vanguard Personalized Indexing Management LLC raised its holdings in shares of Ulta Beauty by 8.2% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 9,064 shares of the specialty retailer’s stock valued at $4,956,000 after buying an additional 684 shares during the period. AMF Tjanstepension AB purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at about $17,898,000. Finally, Sagespring Wealth Partners LLC acquired a new position in Ulta Beauty during the 3rd quarter worth approximately $266,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on ULTA. Raymond James Financial raised shares of Ulta Beauty from an “outperform” rating to a “strong-buy” rating and increased their price objective for the company from $605.00 to $790.00 in a research report on Wednesday, January 21st. Barclays restated an “overweight” rating and issued a $680.00 target price on shares of Ulta Beauty in a research note on Tuesday, January 6th. Morgan Stanley raised their price target on shares of Ulta Beauty from $640.00 to $750.00 and gave the company an “overweight” rating in a report on Thursday, January 15th. Wells Fargo & Company lifted their price target on shares of Ulta Beauty from $425.00 to $450.00 and gave the stock an “underweight” rating in a research note on Thursday, October 16th. Finally, Bank of America upped their price objective on shares of Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and an average price target of $620.04.

Ulta Beauty Stock Performance

Shares of Ulta Beauty stock opened at $661.34 on Tuesday. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $695.34. The firm’s 50-day simple moving average is $601.96 and its 200-day simple moving average is $550.21. The firm has a market cap of $29.34 billion, a PE ratio of 25.36, a price-to-earnings-growth ratio of 3.56 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly 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 business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the firm earned $5.14 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current 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.