Geneva Capital Management LLC Sells 1,080 Shares of Ulta Beauty Inc. $ULTA

Geneva Capital Management LLC lowered its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 4.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 23,023 shares of the specialty retailer’s stock after selling 1,080 shares during the quarter. Geneva Capital Management LLC owned approximately 0.05% of Ulta Beauty worth $12,588,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Focus Partners Wealth grew its holdings in Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock worth $1,372,000 after purchasing an additional 2,615 shares during the period. Intech Investment Management LLC raised its stake in Ulta Beauty by 48.9% in the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock valued at $1,758,000 after buying an additional 1,574 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $466,000. Fox Run Management L.L.C. acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $357,000. Finally, AE Wealth Management LLC bought a new position in shares of Ulta Beauty during the 2nd quarter worth approximately $284,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $652.65 on Thursday. The firm has a market cap of $28.95 billion, a price-to-earnings ratio of 25.02, a P/E/G ratio of 3.02 and a beta of 0.82. The stock’s fifty day moving average price is $666.89 and its two-hundred day moving average price is $586.51. Ulta Beauty Inc. has a one year low of $309.01 and a one year high of $714.97.

Trending Headlines about Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Canaccord Genuity raised its price target to $799 and kept a “buy” rating, signaling strong upside expectations from the sell-side ahead of earnings. Benzinga
• Positive Sentiment: Telsey Advisory Group raised its price target to $715, reflecting bullish views on Ulta’s growth trajectory and margin outlook. Telsey Advisory Group Increases Ulta Beauty (NASDAQ:ULTA) Price Target to $715.00
• Positive Sentiment: Barclays published a bullish forecast for ULTA, calling for strong price appreciation — another vote of confidence from major firms ahead of the quarter. Barclays Forecasts Strong Price Appreciation for Ulta Beauty (NASDAQ:ULTA) Stock
• Positive Sentiment: Wall Street chatter shows several firms lifting targets on Ulta ahead of earnings, adding upward pressure to the stock via improved sentiment. Wall Street Lifts Targets on Five Below, Ulta Beauty and Nature’s Sunshine Ahead of Key Earnings Reports
• Positive Sentiment: MarketWatch highlights that Ulta may post higher Q4 sales on the launch of Selena Gomez’s makeup brand — a potentially meaningful top-line catalyst if sell-through is strong. Ulta Beauty May Post Higher 4Q Sales on Launch of Selena Gomez’s Makeup Brand — Earnings Preview
• Positive Sentiment: Promotions: Ulta’s “21 Days of Beauty” sale is live and attracting press coverage and shopper traffic — a near-term demand driver that can lift Q4/Q1 comps. Ulta’s 21 Days of Beauty Sale Is in Full Swing — Shop Editor-Loved Deals Up to 50% Off
• Neutral Sentiment: Broader coverage/preview pieces (earnings previews and weekly deal roundups) are increasing attention but mainly reiterate expectations rather than new data; these will amplify volatility around the report. What To Expect From Ulta’s (ULTA) Q4 Earnings
• Neutral Sentiment: Industry/brand moves: Keracolor’s national retail expansion and refreshed digital footprint signal competition and category growth — a mixed development for retailers like Ulta (more category interest, but increased competition). Keracolor Debuts Brand Evolution, Celebrating a Decade of Innovation with New Digital Footprint and National Retail Expansion
• Negative Sentiment: Wells Fargo raised its target but set it at $500 — below the current trading level — which is a relatively conservative signal and could cap upside if others follow suit. Wells Fargo & Company Boosts Ulta Beauty (NASDAQ:ULTA) Price Target to $500.00

Analysts Set New Price Targets

A number of research firms recently weighed in on ULTA. Wells Fargo & Company increased their price target on Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a research note on Monday. Telsey Advisory Group lifted their price objective on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research report on Monday. Evercore upped their price objective on shares of Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Guggenheim reissued a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. Finally, Barclays raised their target price on shares of Ulta Beauty from $680.00 to $712.00 and gave the stock an “overweight” rating in a research note on Monday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, twelve have issued 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 a consensus target price of $638.12.

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.