Ulta Beauty Inc. $ULTA Shares Sold by Twin Capital Management Inc.

Twin Capital Management Inc. reduced its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 40.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,022 shares of the specialty retailer’s stock after selling 1,400 shares during the period. Twin Capital Management Inc.’s holdings in Ulta Beauty were worth $1,106,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. State of Wyoming lifted its stake in Ulta Beauty by 10.5% during the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares during the last quarter. Quadrant Capital Group LLC increased its holdings in shares of Ulta Beauty by 1.8% in the second quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after buying an additional 21 shares in the last quarter. ORG Partners LLC lifted its position in shares of Ulta Beauty by 15.0% during the 3rd quarter. ORG Partners LLC now owns 176 shares of the specialty retailer’s stock valued at $96,000 after acquiring an additional 23 shares during the last quarter. OFI Invest Asset Management boosted its stake in shares of Ulta Beauty by 6.8% during the 2nd quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock worth $175,000 after acquiring an additional 24 shares in the last quarter. Finally, Richard W. Paul & Associates LLC grew its holdings in shares of Ulta Beauty by 0.8% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock worth $1,399,000 after acquiring an additional 24 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on ULTA shares. Bank of America boosted their price target on shares of Ulta Beauty from $610.00 to $685.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Deutsche Bank Aktiengesellschaft set a $732.00 price objective on shares of Ulta Beauty in a research report on Thursday, January 8th. Argus increased their target price on Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a report on Friday, January 2nd. UBS Group lifted their price target on Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Finally, Telsey Advisory Group reissued an “outperform” rating and issued a $640.00 price objective (up from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty presently has a consensus rating of “Moderate Buy” and an average price target of $626.44.

Ulta Beauty Trading Up 1.8%

ULTA stock opened at $690.37 on Friday. The firm has a market cap of $30.62 billion, a PE ratio of 26.47, a PEG ratio of 3.22 and a beta of 0.85. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $695.34. The company has a fifty day simple moving average of $627.78 and a 200 day simple moving average of $560.74.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share 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 analysts’ expectations of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The business’s quarterly revenue was up 12.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal 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.