Louisbourg Investments Inc. Has $3.98 Million Holdings in Ulta Beauty Inc. $ULTA

Louisbourg Investments Inc. lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 16.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,280 shares of the specialty retailer’s stock after purchasing an additional 1,010 shares during the quarter. Louisbourg Investments Inc.’s holdings in Ulta Beauty were worth $3,980,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of ULTA. Cary Street Partners Investment Advisory LLC raised its holdings in 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 worth $25,000 after buying an additional 28 shares during the last quarter. Hemington Wealth Management grew its holdings in shares of Ulta Beauty by 142.9% during the second quarter. Hemington Wealth Management now owns 68 shares of the specialty retailer’s stock valued at $31,000 after buying an additional 40 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new stake in shares of Ulta Beauty during the second quarter worth about $35,000. Ransom Advisory Ltd acquired a new stake in shares of Ulta Beauty in the 1st quarter worth about $36,000. Finally, Newbridge Financial Services Group Inc. lifted its position in Ulta Beauty by 52.0% in the 2nd quarter. Newbridge Financial Services Group Inc. now owns 76 shares of the specialty retailer’s stock valued at $36,000 after acquiring an additional 26 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $597.88 on Friday. The company has a market capitalization of $26.52 billion, a PE ratio of 22.92, a price-to-earnings-growth ratio of 3.14 and a beta of 0.87. The business has a fifty day moving average price of $539.95 and a two-hundred day moving average price of $517.75. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $611.90.

Ulta Beauty (NASDAQ:ULTA) last released its 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. The company had revenue of $2.86 billion for 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 for the quarter was up 12.9% compared to the same quarter last year. During the same period in the previous year, the business posted $5.14 EPS. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. Sell-side analysts anticipate that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on the company. UBS Group boosted their price objective on Ulta Beauty from $680.00 to $690.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Telsey Advisory Group reiterated an “outperform” rating and set a $640.00 price target (up previously from $610.00) on shares of Ulta Beauty in a report on Monday, December 1st. JPMorgan Chase & Co. increased their price target on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a research report on Monday, December 1st. Wells Fargo & Company lifted their price objective on shares of Ulta Beauty from $425.00 to $450.00 and gave the stock an “underweight” rating in a report on Thursday, October 16th. Finally, Wall Street Zen lowered shares of Ulta Beauty from a “buy” rating to a “hold” rating in a research note on Friday, September 26th. Sixteen research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $576.50.

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.