Atria Investments Inc Grows Position in Ulta Beauty Inc. $ULTA

Atria Investments Inc raised its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 21.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,903 shares of the specialty retailer’s stock after acquiring an additional 852 shares during the quarter. Atria Investments Inc’s holdings in Ulta Beauty were worth $2,681,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Marshall Wace LLP raised its stake in Ulta Beauty by 9.4% in the 2nd quarter. Marshall Wace LLP now owns 654,598 shares of the specialty retailer’s stock valued at $306,234,000 after purchasing an additional 56,063 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Ulta Beauty by 5.4% during the second quarter. Franklin Resources Inc. now owns 582,635 shares of the specialty retailer’s stock worth $272,568,000 after buying an additional 30,100 shares in the last quarter. Swedbank AB grew its holdings in shares of Ulta Beauty by 6.7% during the third quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock worth $317,938,000 after buying an additional 36,456 shares in the last quarter. Norges Bank acquired a new position in shares of Ulta Beauty in the second quarter valued at approximately $258,791,000. Finally, AQR Capital Management LLC lifted its stake in shares of Ulta Beauty by 76.6% during the second quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after buying an additional 207,084 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ULTA shares. Morgan Stanley lifted their target price on shares of Ulta Beauty from $640.00 to $750.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Guggenheim restated a “neutral” rating on shares of Ulta Beauty in a report on Friday, December 5th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. Oppenheimer increased their target price on Ulta Beauty from $675.00 to $750.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 20th. Finally, Argus raised their price target on Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, January 2nd. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $626.44.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $683.40 on Tuesday. The company has a market cap of $30.32 billion, a P/E ratio of 26.20, a PEG ratio of 3.19 and a beta of 0.85. Ulta Beauty Inc. has a one year low of $309.01 and a one year high of $700.81. The business’s 50-day simple moving average is $642.33 and its 200 day simple moving average is $568.14.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data 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 net margin of 9.93% and a return on equity of 46.33%. The company had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter last year, the company earned $5.14 earnings per share. Ulta Beauty’s revenue for the quarter was up 12.9% on a year-over-year basis. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current 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.