Baader Bank Aktiengesellschaft Purchases 4,992 Shares of Ulta Beauty Inc. $ULTA

Baader Bank Aktiengesellschaft raised its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 20.8% during the third quarter, HoldingsChannel reports. The firm owned 29,016 shares of the specialty retailer’s stock after acquiring an additional 4,992 shares during the quarter. Ulta Beauty accounts for 1.0% of Baader Bank Aktiengesellschaft’s holdings, making the stock its 14th largest position. Baader Bank Aktiengesellschaft’s holdings in Ulta Beauty were worth $15,861,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ULTA. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Ulta Beauty by 107.7% during 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 in the last quarter. Harbor Capital Advisors Inc. purchased a new position in Ulta Beauty in the third quarter worth $25,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Ulta Beauty in the third quarter worth about $31,000. Elevation Point Wealth Partners LLC purchased a new position in Ulta Beauty in the second quarter valued at $35,000. Finally, Newbridge Financial Services Group Inc. increased its stake in Ulta Beauty by 52.0% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock worth $36,000 after buying an additional 26 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on ULTA shares. Oppenheimer increased their price objective on shares of Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a research note on Tuesday, January 20th. Canaccord Genuity Group raised their price target on shares of Ulta Beauty from $653.00 to $674.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. JPMorgan Chase & Co. increased their price target on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a research report on Monday, December 1st. Argus boosted their target price on Ulta Beauty from $650.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 2nd. Finally, UBS Group lifted their price target on shares of Ulta Beauty from $690.00 to $780.00 and gave the company a “buy” rating in a research note on Wednesday, January 7th. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty presently has a consensus rating of “Moderate Buy” and a consensus target price of $626.44.

Ulta Beauty Stock Performance

NASDAQ ULTA opened at $679.28 on Wednesday. The firm has a 50 day simple moving average of $633.37 and a 200-day simple moving average of $563.55. Ulta Beauty Inc. has a one year low of $309.01 and a one year high of $700.81. The firm has a market cap of $30.13 billion, a price-to-earnings ratio of 26.05, a PEG ratio of 3.25 and a beta of 0.85.

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