Isthmus Partners LLC Lowers Stock Position in Ulta Beauty Inc. $ULTA

Isthmus Partners LLC decreased its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 29,187 shares of the specialty retailer’s stock after selling 794 shares during the quarter. Ulta Beauty makes up 3.5% of Isthmus Partners LLC’s portfolio, making the stock its 4th biggest holding. Isthmus Partners LLC owned 0.07% of Ulta Beauty worth $15,958,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. State of Wyoming lifted its position in Ulta Beauty by 10.5% during the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares in the last quarter. Quadrant Capital Group LLC boosted its holdings in shares of Ulta Beauty by 1.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after purchasing an additional 21 shares during the last quarter. Hardy Reed LLC grew its holdings in Ulta Beauty by 3.0% during the 3rd quarter. Hardy Reed LLC now owns 767 shares of the specialty retailer’s stock valued at $419,000 after buying an additional 22 shares in the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of Ulta Beauty by 3.9% in the third quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock valued at $321,000 after purchasing an additional 22 shares in the last quarter. Finally, ORG Partners LLC grew its stake in shares of Ulta Beauty by 15.0% in the 3rd quarter. ORG Partners LLC now owns 176 shares of the specialty retailer’s stock worth $96,000 after buying an additional 23 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ULTA. Canaccord Genuity Group boosted their target price on Ulta Beauty from $653.00 to $674.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Raymond James Financial boosted their price objective on shares of Ulta Beauty from $647.00 to $800.00 and gave the company a “strong-buy” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft set a $732.00 target price on shares of Ulta Beauty in a report on Thursday, January 8th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $640.00 price target (up from $610.00) on shares of Ulta Beauty in a research note on Monday, December 1st. Finally, Robert W. Baird set a $700.00 price target on shares of Ulta Beauty in a report on Wednesday, December 17th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.84.

Ulta Beauty Stock Performance

Ulta Beauty stock opened at $682.89 on Friday. The company has a market capitalization of $30.29 billion, a PE ratio of 26.18, a P/E/G ratio of 3.23 and a beta of 0.85. The company has a 50 day moving average price of $649.79 and a 200-day moving average price of $572.40. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 EPS for the quarter, topping the consensus estimate of $4.61 by $0.53. The company had revenue of $2.86 billion for the quarter, compared to the consensus estimate of $2.70 billion. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.Ulta Beauty’s quarterly revenue was up 12.9% on a year-over-year basis. During the same period last year, the business posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, analysts forecast that Ulta Beauty Inc. will post 23.96 earnings per share for the current 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.