Neuberger Berman Group LLC Sells 4,109 Shares of Ulta Beauty Inc. $ULTA

Neuberger Berman Group LLC cut its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 10.4% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 35,313 shares of the specialty retailer’s stock after selling 4,109 shares during the quarter. Neuberger Berman Group LLC’s holdings in Ulta Beauty were worth $19,307,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cary Street Partners Investment Advisory LLC raised its position in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. bought a new stake in shares of Ulta Beauty during the third quarter worth about $25,000. Grey Fox Wealth Advisors LLC bought a new stake in shares of Ulta Beauty during the third quarter worth about $31,000. Abich Financial Wealth Management LLC acquired a new position in shares of Ulta Beauty in the third quarter valued at approximately $31,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Ulta Beauty in the 2nd quarter valued at approximately $35,000. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Down 1.1%

ULTA stock opened at $646.34 on Friday. The firm has a market cap of $28.67 billion, a price-to-earnings ratio of 24.78, a PEG ratio of 3.01 and a beta of 0.82. Ulta Beauty Inc. has a 12-month low of $309.01 and a 12-month high of $714.97. The company’s fifty day simple moving average is $664.38 and its 200 day simple moving average is $583.88.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, December 4th. The specialty retailer reported $5.14 earnings per share 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 during the quarter, compared to the consensus estimate of $2.70 billion. During the same period last year, the business posted $5.14 EPS. The business’s revenue was up 12.9% compared to the same quarter last year. Research analysts expect that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Ulta Beauty News Roundup

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

• Positive Sentiment: Ulta kicked off its high-profile “21 Days of Beauty” event — a proven traffic and sales driver that can boost same‑store sales and basket size during the quarter. Ulta’s 21 Days of Beauty starts today Ulta’s biggest beauty sale is back. Don’t sleep on these deals.
• Positive Sentiment: Media show large, headline discounts (up to 50% on targeted brands) that could accelerate traffic and clearance of seasonal inventory — supportive for near-term revenue. Ulta slashed 50% off Bondi Boost’s HG line Ulta 21 days of beauty: Get up to 50% off top makeup, skincare + more
• Positive Sentiment: Analyst and preview coverage broadly expects Ulta to beat Q4 estimates — citing loyalty program strength, digital gains and brand launches — which supports a premium valuation thesis. Ulta Beauty (ULTA) Expected to Beat Earnings Estimates Ulta expected to beat — Zacks
• Neutral Sentiment: Consensus analyst ratings remain constructive (consensus “Moderate Buy”), which provides support but not new upside absent strong EPS/margin beats. Ulta receives consensus rating of Moderate Buy
• Positive Sentiment: Retail real estate activity continues: Ulta was signed for a mixed‑use development in SW Florida, signaling steady store expansion and omnichannel footprint growth. Zuckerman signs T.J. Maxx, Ulta Beauty at mixed-use development
• Negative Sentiment: Some previews warn of margin pressure from higher costs and promotional intensity — a risk that could offset revenue beats and temper EPS, which may be why the stock is trading lower. Ulta Q4 earnings on deck — margin pressure noted

Analyst Ratings Changes

ULTA has been the topic of a number of research reports. TD Cowen boosted their target price on shares of Ulta Beauty from $725.00 to $775.00 and gave the stock a “buy” rating in a report on Wednesday, January 21st. UBS Group boosted their price objective on shares of Ulta Beauty from $690.00 to $780.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. Piper Sandler reaffirmed an “overweight” rating and set a $775.00 target price on shares of Ulta Beauty in a report on Tuesday, January 27th. Finally, Barclays reiterated an “overweight” rating and issued a $680.00 price target on shares of Ulta Beauty in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $626.84.

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.