Ulta Beauty Inc. $ULTA Shares Sold by Andra AP fonden

Andra AP fonden decreased its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 32.4% in the 4th quarter, HoldingsChannel.com reports. The fund owned 154,580 shares of the specialty retailer’s stock after selling 74,220 shares during the quarter. Ulta Beauty comprises about 1.2% of Andra AP fonden’s investment portfolio, making the stock its 10th largest holding. Andra AP fonden’s holdings in Ulta Beauty were worth $93,522,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Optimize Financial Inc lifted its position in Ulta Beauty by 1.4% in the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after acquiring an additional 16 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Ulta Beauty by 6.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 17 shares during the last quarter. Sound Income Strategies LLC lifted its position in Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after acquiring an additional 17 shares during the last quarter. Legacy Advisors LLC lifted its position in Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock valued at $934,000 after acquiring an additional 18 shares during the last quarter. Finally, State of Wyoming lifted its position in Ulta Beauty by 10.5% in the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Activity

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

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $476.42 on Friday. The company has a 50-day simple moving average of $517.64 and a 200-day simple moving average of $583.51. Ulta Beauty Inc. has a one year low of $452.00 and a one year high of $714.97. The stock has a market capitalization of $20.48 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 1.47 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company earned $6.70 earnings per share. The business’s revenue 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. As a group, research analysts forecast that Ulta Beauty Inc. will post 28.72 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on ULTA shares. Telsey Advisory Group boosted their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research report on Monday, March 9th. Morgan Stanley reduced their price target on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. reduced their price target on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Piper Sandler reduced their price target on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Finally, Evercore set a $635.00 target price on shares of Ulta Beauty in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and an average price target of $644.91.

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.