Ulta Beauty Inc. $ULTA Shares Sold by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments decreased its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 35.8% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,000 shares of the specialty retailer’s stock after selling 6,700 shares during the period. BLI Banque de Luxembourg Investments’ holdings in Ulta Beauty were worth $7,282,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in Ulta Beauty by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock worth $3,253,047,000 after purchasing an additional 23,434 shares during the last quarter. State Street Corp increased its position in Ulta Beauty by 2.3% during the third quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock worth $1,079,973,000 after purchasing an additional 44,182 shares during the last quarter. Sanders Capital LLC increased its position in Ulta Beauty by 8.9% during the third quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock worth $690,994,000 after purchasing an additional 103,540 shares during the last quarter. Geode Capital Management LLC increased its position in Ulta Beauty by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer’s stock worth $747,587,000 after purchasing an additional 21,947 shares during the last quarter. Finally, Invesco Ltd. increased its position in Ulta Beauty by 33.6% during the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after purchasing an additional 211,485 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ULTA. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Piper Sandler decreased their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Citigroup decreased their target price on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research note on Thursday. Wells Fargo & Company decreased their target price on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research note on Wednesday, June 3rd. Finally, DA Davidson decreased their target price on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $651.73.

Ulta Beauty Stock Down 0.9%

ULTA stock opened at $462.80 on Tuesday. Ulta Beauty Inc. has a fifty-two week low of $452.00 and a fifty-two week high of $714.97. The firm’s 50-day simple moving average is $520.00 and its 200 day simple moving average is $584.11. The stock has a market cap of $19.90 billion, a PE ratio of 17.35, a price-to-earnings-growth ratio of 1.46 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same quarter last year, the company earned $6.70 EPS. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities analysts forecast that Ulta Beauty Inc. will post 28.72 EPS for the current fiscal year.

Insider Buying and Selling at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the sale, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.39% of the stock is currently owned by company insiders.

About Ulta Beauty

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.