58,958 Shares in Ulta Beauty Inc. $ULTA Acquired by Danske Bank A S

Danske Bank A S purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 58,958 shares of the specialty retailer’s stock, valued at approximately $32,235,000.

A number of other hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in shares of Ulta Beauty by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,353,414 shares of the specialty retailer’s stock worth $2,926,979,000 after buying an additional 33,674 shares during the last quarter. State Street Corp raised its position in shares of Ulta Beauty by 2.3% in the 3rd quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock worth $1,079,973,000 after buying an additional 44,182 shares during the period. Sanders Capital LLC boosted its holdings in Ulta Beauty by 8.9% in the third quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock valued at $690,994,000 after acquiring an additional 103,540 shares during the last quarter. Invesco Ltd. boosted its holdings in Ulta Beauty by 33.6% in the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after acquiring an additional 211,485 shares during the last quarter. Finally, Marshall Wace LLP grew its position in Ulta Beauty by 9.4% during the second quarter. Marshall Wace LLP now owns 654,598 shares of the specialty retailer’s stock valued at $306,234,000 after acquiring an additional 56,063 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of Ulta Beauty stock opened at $520.65 on Thursday. Ulta Beauty Inc. has a 1-year low of $323.36 and a 1-year high of $714.97. The company has a market capitalization of $23.10 billion, a PE ratio of 20.31, a P/E/G ratio of 1.92 and a beta of 0.82. The business has a 50-day moving average of $658.07 and a 200-day moving average of $587.30.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same quarter in the previous year, the firm posted $8.46 earnings per share. The company’s revenue was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, equities analysts expect that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ULTA shares. UBS Group restated a “buy” rating and set a $810.00 price target on shares of Ulta Beauty in a research note on Friday, March 13th. Raymond James Financial reiterated a “strong-buy” rating on shares of Ulta Beauty in a report on Tuesday, March 10th. Deutsche Bank Aktiengesellschaft set a $732.00 target price on shares of Ulta Beauty in a research report on Thursday, January 8th. Morgan Stanley cut their price target on shares of Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. Finally, Wells Fargo & Company lifted their price target on shares of Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a research report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $671.27.

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.