Ulta Beauty Inc. $ULTA Stock Holdings Lifted by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 979.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 74,201 shares of the specialty retailer’s stock after acquiring an additional 67,325 shares during the quarter. Allianz Asset Management GmbH’s holdings in Ulta Beauty were worth $40,569,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Cary Street Partners Investment Advisory LLC increased its stake 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 worth $25,000 after purchasing an additional 28 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new position in shares of Ulta Beauty in the third quarter worth about $25,000. Hemington Wealth Management increased its position in shares of Ulta Beauty by 142.9% in the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 40 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in shares of Ulta Beauty in the third quarter worth approximately $31,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of Ulta Beauty during the second quarter valued at approximately $35,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ULTA has been the topic of several research analyst reports. TD Cowen lifted their price objective on shares of Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. JPMorgan Chase & Co. raised their target price on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Evercore ISI upped their price target on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. DA Davidson increased their price objective on Ulta Beauty from $625.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Finally, Robert W. Baird set a $700.00 price objective on Ulta Beauty in a research report on Wednesday, December 17th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $626.44.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $677.91 on Friday. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $695.34. The stock’s 50-day moving average is $624.78 and its two-hundred day moving average is $558.99. The firm has a market cap of $30.07 billion, a P/E ratio of 25.99, a PEG ratio of 3.16 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.61 by $0.53. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The business had revenue of $2.86 billion during the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the company earned $5.14 EPS. The firm’s revenue was up 12.9% on a year-over-year basis. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. As a group, research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current year.

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.