Ulta Beauty Inc. $ULTA Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 376.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 32,790 shares of the specialty retailer’s stock after buying an additional 25,910 shares during the period. Teacher Retirement System of Texas owned about 0.07% of Ulta Beauty worth $17,928,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the business. J. Safra Sarasin Holding AG grew its stake in Ulta Beauty by 167.8% during the 2nd quarter. J. Safra Sarasin Holding AG now owns 4,513 shares of the specialty retailer’s stock worth $2,111,000 after buying an additional 2,828 shares during the last quarter. Swedbank AB boosted its holdings in shares of Ulta Beauty by 6.7% during the third quarter. Swedbank AB now owns 581,506 shares of the specialty retailer’s stock valued at $317,938,000 after acquiring an additional 36,456 shares during the period. Rakuten Investment Management Inc. acquired a new position in shares of Ulta Beauty during the third quarter valued at $71,997,000. Assenagon Asset Management S.A. grew its position in shares of Ulta Beauty by 90.1% during the third quarter. Assenagon Asset Management S.A. now owns 36,647 shares of the specialty retailer’s stock worth $20,037,000 after acquiring an additional 17,365 shares during the last quarter. Finally, Stance Capital LLC acquired a new stake in shares of Ulta Beauty in the 2nd quarter worth about $3,809,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Up 0.7%

Shares of Ulta Beauty stock opened at $686.12 on Friday. The firm has a market cap of $30.44 billion, a price-to-earnings ratio of 26.31, a price-to-earnings-growth ratio of 3.56 and a beta of 0.85. The business has a fifty day simple moving average of $598.92 and a 200-day simple moving average of $548.40. Ulta Beauty Inc. has a fifty-two week low of $309.01 and a fifty-two week high of $695.34.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share (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 firm had revenue of $2.86 billion for the quarter, compared to analyst estimates of $2.70 billion. During the same period in the previous year, the company earned $5.14 earnings per share. Ulta Beauty’s 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. Analysts anticipate that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ULTA shares. Argus boosted their target price on shares of Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a research note on Friday, January 2nd. Oppenheimer lifted their price target on Ulta Beauty from $675.00 to $750.00 and gave the company an “outperform” rating in a report on Tuesday. Barclays reiterated an “overweight” rating and set a $680.00 price objective on shares of Ulta Beauty in a research report on Tuesday, January 6th. Evercore ISI raised their target price on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ulta Beauty in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $620.04.

Key Headlines Impacting Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Expansion into the Middle East: Ulta announced its first UAE store at Mall of the Emirates (opening Jan. 29) in partnership with franchise operator Alshaya, building on a November Kuwait debut — a move that diversifies revenue and uses a partner-led model to limit capex. Read More. Read More.
• Positive Sentiment: Analyst optimism: TD Cowen raised Ulta’s price target to $775, signaling bullish analyst sentiment that can support the stock as investors re-rate long-term growth expectations. Read More.
• Positive Sentiment: New retail concepts: Ulta is expanding wellness-focused shop‑in‑shop boutiques, aligning with consumer wellness trends and opening new margin and traffic drivers within stores. Read More.
• Positive Sentiment: Strong consumer demand: Tickets for Ulta Beauty World sold out in minutes, showing high brand engagement and the power of experiential marketing to drive loyalty and future spend. Read More.
• Neutral Sentiment: Upcoming earnings: Ulta is about to report Q4 results; previews note expectations of weaker EPS, so the report (and company guidance) will be the immediate catalyst to confirm whether growth and margin momentum continue. Monitor the release for actual versus expected numbers. Read More.
• Negative Sentiment: PR/backlash risk from event execution: While demand was strong, rapid sell-outs and ticketing issues have led to customer disappointment and negative headlines — a short-term reputational risk that could draw management time and attention and may pressure sentiment if unresolved. Read More. Read More.

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.