Louisbourg Investments Inc. Purchases 1,010 Shares of Ulta Beauty Inc. $ULTA

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

Several other large investors also recently added to or reduced their stakes in ULTA. Quadrant Capital Group LLC raised its stake in Ulta Beauty by 1.8% in the 2nd quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock valued at $545,000 after acquiring an additional 21 shares during the period. ORG Partners LLC raised its position in shares of Ulta Beauty by 17.7% in the second quarter. ORG Partners LLC now owns 153 shares of the specialty retailer’s stock valued at $72,000 after purchasing an additional 23 shares during the period. Chesley Taft & Associates LLC lifted its stake in shares of Ulta Beauty by 3.0% during the 2nd quarter. Chesley Taft & Associates LLC now owns 834 shares of the specialty retailer’s stock valued at $390,000 after buying an additional 24 shares in the last quarter. OFI Invest Asset Management boosted its holdings in Ulta Beauty by 6.8% in the 2nd quarter. OFI Invest Asset Management now owns 375 shares of the specialty retailer’s stock worth $175,000 after buying an additional 24 shares during the period. Finally, Richard W. Paul & Associates LLC grew its stake in Ulta Beauty by 0.8% in the 2nd quarter. Richard W. Paul & Associates LLC now owns 2,990 shares of the specialty retailer’s stock valued at $1,399,000 after buying an additional 24 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on ULTA shares. Raymond James Financial reissued an “outperform” rating on shares of Ulta Beauty in a report on Friday, December 5th. B. Riley reiterated a “neutral” rating on shares of Ulta Beauty in a research note on Monday, December 8th. Argus upgraded Ulta Beauty from a “hold” rating to a “buy” rating and set a $570.00 target price for the company in a research note on Thursday, September 25th. Evercore ISI upped their price target 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, Barclays restated an “overweight” rating and issued a $647.00 price objective on shares of Ulta Beauty in a research report on Friday, December 5th. Sixteen equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $576.50.

Ulta Beauty Stock Up 0.7%

NASDAQ:ULTA opened at $597.88 on Friday. The stock has a market cap of $26.52 billion, a P/E ratio of 22.92, a PEG ratio of 3.14 and a beta of 0.87. The business’s 50-day moving average price is $539.95 and its two-hundred day moving average price is $517.75. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $611.90.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share 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 analysts’ expectations of $2.70 billion. Ulta Beauty had a net margin of 9.93% and a return on equity of 46.33%. Ulta Beauty’s revenue for the quarter was up 12.9% compared to the same quarter last year. During the same period in the prior year, the business earned $5.14 earnings per share. Ulta Beauty has set its FY 2025 guidance at 25.200-25.500 EPS. On average, equities research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

Ulta Beauty 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.