FFG Partners LLC Makes New Investment in Ulta Beauty Inc. $ULTA

FFG Partners LLC purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 16,460 shares of the specialty retailer’s stock, valued at approximately $9,000,000. Ulta Beauty accounts for 2.4% of FFG Partners LLC’s holdings, making the stock its 20th biggest position.

Other large investors have also modified their holdings of the company. Comerica Bank raised its stake in Ulta Beauty by 14.4% during the first quarter. Comerica Bank now owns 8,482 shares of the specialty retailer’s stock worth $3,109,000 after purchasing an additional 1,068 shares during the period. Lansforsakringar Fondforvaltning AB publ grew its stake in shares of Ulta Beauty by 1.0% during the 1st quarter. Lansforsakringar Fondforvaltning AB publ now owns 15,243 shares of the specialty retailer’s stock valued at $5,587,000 after buying an additional 148 shares during the period. Canada Pension Plan Investment Board increased its holdings in shares of Ulta Beauty by 178.2% during the 1st quarter. Canada Pension Plan Investment Board now owns 100,518 shares of the specialty retailer’s stock worth $36,844,000 after buying an additional 64,381 shares during the last quarter. Vident Advisory LLC raised its position in shares of Ulta Beauty by 57.2% in the 1st quarter. Vident Advisory LLC now owns 1,823 shares of the specialty retailer’s stock worth $668,000 after buying an additional 663 shares during the period. Finally, Focus Partners Advisor Solutions LLC acquired a new position in Ulta Beauty in the first quarter valued at $544,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Ulta Beauty Stock Down 0.2%

NASDAQ ULTA opened at $607.52 on Monday. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $616.34. The business has a 50 day moving average price of $546.90 and a two-hundred day moving average price of $523.50. The stock has a market cap of $26.95 billion, a PE ratio of 23.29, a P/E/G ratio of 3.21 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last posted its 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. The business had revenue of $2.86 billion for the quarter, compared to analysts’ expectations of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. The business’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the company posted $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Sell-side analysts anticipate that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Telsey Advisory Group restated an “outperform” rating and set a $640.00 price target (up from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. Piper Sandler set a $615.00 target price on shares of Ulta Beauty in a research report on Friday, December 5th. Weiss Ratings restated a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, October 8th. Wells Fargo & Company boosted their price objective 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, Wall Street Zen lowered shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research report on Friday, September 26th. Sixteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $576.50.

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.