12,080 Shares in Ulta Beauty Inc. $ULTA Purchased by Keystone Investors PTE Ltd.

Keystone Investors PTE Ltd. bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 12,080 shares of the specialty retailer’s stock, valued at approximately $6,605,000. Ulta Beauty comprises approximately 0.8% of Keystone Investors PTE Ltd.’s holdings, making the stock its 27th largest holding.

Other institutional investors have also recently made changes to their positions in the company. Cary Street Partners Investment Advisory LLC lifted its position in 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 acquiring an additional 28 shares in the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of Ulta Beauty in the third quarter worth $25,000. Grey Fox Wealth Advisors LLC bought a new position in shares of Ulta Beauty during the third quarter valued at $31,000. Abich Financial Wealth Management LLC bought a new position in shares of Ulta Beauty during the third quarter valued at $31,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Ulta Beauty during the second quarter valued at $35,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Down 1.6%

NASDAQ ULTA opened at $684.79 on Friday. Ulta Beauty Inc. has a 52 week low of $309.01 and a 52 week high of $714.97. The company has a market capitalization of $30.38 billion, a P/E ratio of 26.26, a price-to-earnings-growth ratio of 3.24 and a beta of 0.85. The stock’s 50-day moving average price is $659.05 and its 200-day moving average price is $578.59.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.61 by $0.53. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period in the prior year, the firm posted $5.14 EPS. The firm’s quarterly 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. Research analysts anticipate that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ULTA shares. TD Cowen boosted their target price on Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Canaccord Genuity Group increased their price objective on shares of Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. Jefferies Financial Group started coverage on Ulta Beauty in a report on Wednesday, January 14th. They set a “hold” rating and a $700.00 price target on the stock. Finally, JPMorgan Chase & Co. lifted their price objective on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a report on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and an average target price of $626.84.

Ulta Beauty 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.