Ulta Beauty Inc. $ULTA Stake Reduced by Alecta Tjanstepension Omsesidigt

Alecta Tjanstepension Omsesidigt trimmed its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 7.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 450,505 shares of the specialty retailer’s stock after selling 38,300 shares during the quarter. Alecta Tjanstepension Omsesidigt’s holdings in Ulta Beauty were worth $246,314,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Cary Street Partners Investment Advisory LLC grew its stake in shares of Ulta Beauty by 107.7% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. acquired a new stake in Ulta Beauty during the third quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC bought a new stake in Ulta Beauty during the third quarter worth approximately $31,000. Abich Financial Wealth Management LLC bought a new stake in Ulta Beauty during the third quarter worth approximately $31,000. Finally, BOKF NA acquired a new position in Ulta Beauty in the third quarter worth approximately $31,000. Institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

Several research analysts have issued reports on the company. DA Davidson upped their price target on Ulta Beauty from $625.00 to $650.00 and gave the company a “buy” rating in a report on Friday, December 5th. William Blair restated a “market perform” rating on shares of Ulta Beauty in a report on Monday, March 9th. JPMorgan Chase & Co. cut their target price on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Evercore upped their target price on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a report on Friday, December 5th. Finally, Guggenheim reiterated a “neutral” rating on shares of Ulta Beauty in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $671.27.

Ulta Beauty Stock Performance

NASDAQ ULTA opened at $520.65 on Thursday. The firm’s 50 day moving average price is $658.07 and its two-hundred day moving average price is $587.30. Ulta Beauty Inc. has a twelve month low of $323.36 and a twelve month high of $714.97. The stock has a market cap of $23.10 billion, a price-to-earnings ratio of 20.31, a PEG ratio of 1.92 and a beta of 0.82.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The company had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, research analysts forecast 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.