Advyzon Investment Management LLC Buys New Holdings in Ulta Beauty Inc. $ULTA

Advyzon Investment Management LLC purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 789 shares of the specialty retailer’s stock, valued at approximately $431,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of ULTA. Tredje AP fonden boosted its stake in shares of Ulta Beauty by 9.5% during the 3rd quarter. Tredje AP fonden now owns 4,555 shares of the specialty retailer’s stock worth $2,490,000 after acquiring an additional 394 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Ulta Beauty during the 3rd quarter valued at $533,000. D Orazio & Associates Inc. bought a new position in Ulta Beauty during the third quarter worth $222,000. Compass Wealth Management LLC acquired a new position in shares of Ulta Beauty in the third quarter valued at $18,988,000. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in shares of Ulta Beauty by 50.9% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 118,797 shares of the specialty retailer’s stock valued at $64,563,000 after purchasing an additional 40,087 shares during the period. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Guggenheim reiterated a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. UBS Group upped their target price on Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Zacks Research downgraded Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. TD Cowen increased their price objective on Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a research report on Wednesday, January 21st. Finally, Oppenheimer lifted their target price on Ulta Beauty from $675.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.84.

Ulta Beauty Price Performance

Shares of ULTA opened at $682.89 on Friday. The firm has a 50 day simple moving average of $649.79 and a two-hundred day simple moving average of $572.83. Ulta Beauty Inc. has a one year low of $309.01 and a one year high of $714.97. The company has a market cap of $30.29 billion, a P/E ratio of 26.18, a P/E/G ratio of 3.19 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly 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. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The company had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the previous year, the firm earned $5.14 EPS. Ulta Beauty’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. On average, analysts expect that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

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.