Corient Private Wealth LLC raised its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 9.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 13,093 shares of the specialty retailer’s stock after buying an additional 1,170 shares during the quarter. Corient Private Wealth LLC’s holdings in Ulta Beauty were worth $7,927,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in the business. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ulta Beauty during the 4th quarter valued at about $25,000. Strengthening Families & Communities LLC grew its position in Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 42 shares in the last quarter. Steigerwald Gordon & Koch Inc. increased its stake in Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 51 shares during the last quarter. Virtus Advisers LLC bought a new stake in Ulta Beauty during the fourth quarter worth approximately $33,000. Finally, BOKF NA bought a new stake in Ulta Beauty during the third quarter worth approximately $31,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Ulta Beauty Trading Up 4.3%
Shares of ULTA stock opened at $478.93 on Thursday. Ulta Beauty Inc. has a twelve month low of $448.57 and a twelve month high of $714.97. The stock has a fifty day simple moving average of $505.04 and a two-hundred day simple moving average of $578.93. The stock has a market capitalization of $20.59 billion, a price-to-earnings ratio of 17.96, a P/E/G ratio of 1.43 and a beta of 0.86.
Ulta Beauty News Summary
Here are the key news stories impacting Ulta Beauty this week:
- Positive Sentiment: Ulta Beauty will begin carrying a curated Bath & Body Works assortment in more than 600 stores and online starting July 12, including exclusive items like the return of Juniper Breeze and mini discovery sets, which could boost customer interest and sales. Did Ulta’s (ULTA) Bath & Body Works Tie-Up Redefine Its Assortment and Wellness Investment Narrative?
- Positive Sentiment: The partnership broadens Ulta’s product offering beyond core beauty categories, reinforcing its appeal as a destination for beauty, body care and home fragrance shoppers. Bath & Body Works partners with Ulta Beauty as it looks to boost sales
- Positive Sentiment: Ulta continues to highlight longer-term growth drivers such as loyalty-program expansion, AI-driven personalization, and international expansion, which help offset macro and competitive pressure. How to Play Ulta Beauty Stock After a 24% Plunge in 6 Months?
- Neutral Sentiment: Analyst commentary on Ulta remains mixed: Argus recently cut its price target, but still kept a Buy rating, suggesting ongoing confidence despite softer stock performance. Argus Cuts PT on Ulta Beauty (ULTA) – Here’s Why
- Negative Sentiment: Ulta is still facing macroeconomic and competitive headwinds, and recent underperformance shows investors remain cautious about near-term demand trends. How to Play Ulta Beauty Stock After a 24% Plunge in 6 Months?
Insider Transactions at Ulta Beauty
In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the transaction, the director owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.17% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
ULTA has been the subject of several analyst reports. Argus set a $550.00 price objective on Ulta Beauty in a research note on Thursday, June 18th. Telsey Advisory Group increased their price target on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a report on Monday, March 9th. Wedbush began coverage on Ulta Beauty in a research report on Monday, April 20th. They issued an “outperform” rating for the company. The Goldman Sachs Group lowered their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $638.09.
View Our Latest Stock Analysis on ULTA
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.
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