Compass Wealth Management LLC Invests $18.99 Million in Ulta Beauty Inc. $ULTA

Compass Wealth Management LLC bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 34,728 shares of the specialty retailer’s stock, valued at approximately $18,988,000. Ulta Beauty makes up approximately 2.2% of Compass Wealth Management LLC’s portfolio, making the stock its 9th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Cary Street Partners Investment Advisory LLC increased its stake in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new stake in shares of Ulta Beauty during the 3rd quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at $31,000. Abich Financial Wealth Management LLC purchased a new position in shares of Ulta Beauty in the 3rd quarter valued at $31,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in shares of Ulta Beauty in the 2nd quarter valued at $35,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA opened at $692.79 on Friday. The stock has a market capitalization of $30.73 billion, a P/E ratio of 26.56, a P/E/G 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 $714.97. The company’s fifty day moving average is $648.17 and its two-hundred day moving average is $571.23.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share 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 business had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. During the same quarter in the previous year, the firm earned $5.14 earnings per share. The business’s quarterly revenue was up 12.9% compared to the same quarter last year. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Sell-side analysts predict that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on ULTA shares. Oppenheimer boosted their price target on shares of Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. boosted their target price on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Robert W. Baird set a $700.00 target price on Ulta Beauty in a research report on Wednesday, December 17th. Bank of America lifted their price target on Ulta Beauty from $610.00 to $685.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Barclays reiterated an “overweight” rating and issued a $680.00 price objective on shares of Ulta Beauty in a research note on Tuesday, January 6th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $626.44.

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.