Allstate Corp Boosts Position in Ulta Beauty Inc. $ULTA

Allstate Corp boosted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 105.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 3,248 shares of the specialty retailer’s stock after purchasing an additional 1,669 shares during the quarter. Allstate Corp’s holdings in Ulta Beauty were worth $1,965,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of ULTA. Strengthening Families & Communities LLC raised its stake in shares of Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 42 shares during the period. Abich Financial Wealth Management LLC acquired a new stake in shares of Ulta Beauty during the third quarter worth approximately $31,000. BOKF NA acquired a new stake in shares of Ulta Beauty during the third quarter worth approximately $31,000. Steigerwald Gordon & Koch Inc. grew its position in shares of Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after buying an additional 51 shares in the last quarter. Finally, Tobam acquired a new stake in shares of Ulta Beauty during the third quarter worth approximately $43,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty News Summary

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

• Positive Sentiment: Several previews suggest Ulta Beauty could beat Wall Street estimates again, citing its strong history of earnings surprises and favorable setup heading into results. Will Ulta (ULTA) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Analyst previews say first-quarter sales may benefit from loyalty program strength, digital engagement, and exclusive product launches, which could support revenue growth and investor confidence. Ulta Beauty Set to Release Q1 Earnings: Key Insights for Investors
• Positive Sentiment: Ulta Beauty continues to promote brand partnerships and consumer-facing events, including the Ulta Beauty World 2026 expo and a new “Supergirl” collaboration, which can help brand visibility and traffic. Pop Up Mob Brings Nine Beauty Brand Worlds to Life at Ulta Beauty World 2026 in Orlando
• Neutral Sentiment: Multiple articles are simply reiterating Wall Street’s Q1 estimate ranges and key operating metrics, suggesting investors are focused on the upcoming print rather than any new fundamental surprise. Curious about Ulta (ULTA) Q1 Performance? Explore Wall Street Estimates for Key Metrics
• Negative Sentiment: Recent trading has been softer, with Ulta Beauty stock falling on the latest trading day despite a broader market gain, highlighting some near-term investor caution ahead of earnings. Ulta Beauty (ULTA) Stock Drops Despite Market Gains: Important Facts to Note

Analyst Upgrades and Downgrades

A number of equities analysts have commented on ULTA shares. William Blair reaffirmed a “market perform” rating on shares of Ulta Beauty in a report on Monday, March 9th. Piper Sandler reiterated an “overweight” rating and issued a $725.00 price objective (down from $775.00) on shares of Ulta Beauty in a research report on Friday, March 13th. Morgan Stanley dropped their price target on shares of Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Canaccord Genuity Group boosted their price target on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Finally, Oppenheimer lowered their target price on Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating on the stock in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $687.95.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.17% of the stock is owned by corporate insiders.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $520.15 on Friday. The business’s fifty day moving average price is $525.91 and its two-hundred day moving average price is $586.13. Ulta Beauty Inc. has a fifty-two week low of $414.21 and a fifty-two week high of $714.97. The stock has a market capitalization of $22.66 billion, a price-to-earnings ratio of 20.29, a price-to-earnings-growth ratio of 1.65 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The firm had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. During the same period in the prior year, the business posted $8.46 earnings per share. The business’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. Research analysts expect that Ulta Beauty Inc. will post 28.47 EPS for the current fiscal year.

Ulta Beauty Company 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.