Cookson Peirce & Co. Inc. Buys New Holdings in Ulta Beauty Inc. $ULTA

Cookson Peirce & Co. Inc. purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,844 shares of the specialty retailer’s stock, valued at approximately $1,008,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Ulta Beauty by 107.7% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 28 shares during the period. Harbor Capital Advisors Inc. bought a new stake in Ulta Beauty in the third quarter valued at about $25,000. Grey Fox Wealth Advisors LLC acquired a new position in Ulta Beauty in the third quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new position in Ulta Beauty during the third quarter worth about $31,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Ulta Beauty during the second quarter worth about $35,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $683.40 on Friday. The business has a fifty day moving average of $640.45 and a 200-day moving average of $566.24. Ulta Beauty Inc. has a twelve month low of $309.01 and a twelve month high of $700.81. The firm has a market cap of $30.32 billion, a PE ratio of 26.20, a price-to-earnings-growth ratio of 3.11 and a beta of 0.85.

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

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on ULTA. JPMorgan Chase & Co. upped their price objective on Ulta Beauty from $600.00 to $606.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Guggenheim reaffirmed a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. Morgan Stanley increased their price objective on Ulta Beauty from $640.00 to $750.00 and gave the stock an “overweight” rating in a research note on Thursday, January 15th. Evercore lifted their price objective on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Finally, Oppenheimer upped their target price on shares of Ulta Beauty from $675.00 to $750.00 and gave the stock an “outperform” rating in a report on Tuesday, January 20th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.44.

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.