Ulta Beauty (ULTA)

• Market cap: $16.7B
• 1 day: -2.94%
• 5 days: 2.17%
• 1 month: -1.88%
• 3 months: -17.44%
• 6 months: -7.62%
• Year to date: -16.24%
• 1 year: -31.25%
• 5 years: 100.03%
• 10 years: 137.15%
• Sector: Consumer Discretionary
• Industry: Retail Stores

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

71% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 12 (+5) [Q4]

26% more first-time investments, than exits

New positions opened: 163 | Existing positions closed: 129

10% more capital invested

Capital invested by funds: $16.3B [Q3] → $18B (+$1.7B) [Q4]

2% more funds holding

Funds holding: 954 [Q3] → 970 (+16) [Q4]

8% more call options, than puts

Call options by funds: $1.68B | Put options by funds: $1.56B

2.04% less ownership

Funds ownership: 91.64% [Q3] → 89.59% (-2.04%) [Q4]

26% less repeat investments, than reductions

Existing positions increased: 295 | Existing positions reduced: 396

Research analyst outlook

15 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $310 14% downside
• Avg. target: $414 15% upside
• High target: $526 46% upside

15 analyst ratings

• positive: 6 40%
• neutral: 8 53%
• negative: 1 7%

Citigroup Kelly Crago 0% 1-year accuracy 0 / 1 met price target	2% upside $365	Neutral Maintained	17 Mar 2025
Barclays Adrienne Yih 28% 1-year accuracy 27 / 98 met price target	9% downside $327	Equal-Weight Maintained	14 Mar 2025
Canaccord Genuity Susan Anderson 29% 1-year accuracy 11 / 38 met price target	46% upside $526	Buy Maintained	14 Mar 2025
BMO Capital Simeon Siegel 24% 1-year accuracy 5 / 21 met price target	12% upside $404	Market Perform Maintained	14 Mar 2025
DA Davidson Michael Baker 36% 1-year accuracy 16 / 45 met price target	15% upside $415	Buy Maintained	14 Mar 2025