Oliver Luxxe Assets LLC Makes New $8.01 Million Investment in Ulta Beauty Inc. $ULTA

Oliver Luxxe Assets LLC purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 13,238 shares of the specialty retailer’s stock, valued at approximately $8,009,000. Ulta Beauty makes up 1.2% of Oliver Luxxe Assets LLC’s holdings, making the stock its 25th biggest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. Wedmont Private Capital lifted its stake in Ulta Beauty by 4.8% in the fourth quarter. Wedmont Private Capital now owns 914 shares of the specialty retailer’s stock valued at $599,000 after acquiring an additional 42 shares during the last quarter. Nordea Investment Management AB raised its holdings in shares of Ulta Beauty by 78.1% during the 4th quarter. Nordea Investment Management AB now owns 38,421 shares of the specialty retailer’s stock valued at $23,309,000 after purchasing an additional 16,845 shares in the last quarter. Lake Street Private Wealth LLC lifted its stake in shares of Ulta Beauty by 2.6% in the 4th quarter. Lake Street Private Wealth LLC now owns 9,906 shares of the specialty retailer’s stock valued at $5,993,000 after purchasing an additional 254 shares during the last quarter. Processus Wealth & Capital Management LLC lifted its stake in shares of Ulta Beauty by 4.5% in the 4th quarter. Processus Wealth & Capital Management LLC now owns 3,906 shares of the specialty retailer’s stock valued at $2,363,000 after purchasing an additional 167 shares during the last quarter. Finally, Everpar Advisors LLC bought a new stake in Ulta Beauty in the fourth quarter worth $219,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Zacks Research downgraded shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Guggenheim reiterated a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. Telsey Advisory Group increased their price objective on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a report on Monday, March 9th. Canaccord Genuity Group raised their price objective on Ulta Beauty from $674.00 to $799.00 and gave the company a “buy” rating in a research note on Tuesday, March 10th. Finally, JPMorgan Chase & Co. reduced their target price on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating for the company in a report on Friday, March 13th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $671.27.

Ulta Beauty Price Performance

ULTA stock opened at $529.97 on Friday. The stock has a market capitalization of $23.51 billion, a price-to-earnings ratio of 20.68, a price-to-earnings-growth ratio of 1.95 and a beta of 0.82. The company has a 50-day moving average of $652.88 and a two-hundred day moving average of $587.57. Ulta Beauty Inc. has a 52-week low of $323.36 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period in the previous year, the company posted $8.46 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Equities analysts expect 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.