Alcosta Capital Management Inc. Makes New $3.35 Million Investment in Ulta Beauty Inc. $ULTA

Alcosta Capital Management Inc. bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the fourth quarter, according to its most recent filing with the SEC. The firm bought 5,529 shares of the specialty retailer’s stock, valued at approximately $3,345,000. Ulta Beauty makes up 2.1% of Alcosta Capital Management Inc.’s investment portfolio, making the stock its 19th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new position in Ulta Beauty during the 4th quarter valued at about $25,000. Strengthening Families & Communities LLC raised its holdings in shares of Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 42 shares during the period. Abich Financial Wealth Management LLC bought a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $31,000. BOKF NA bought a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $31,000. Finally, Steigerwald Gordon & Koch Inc. raised its position in shares of Ulta Beauty by 2,550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Buying and Selling at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by company insiders.

Ulta Beauty Price Performance

Shares of ULTA opened at $467.74 on Friday. Ulta Beauty Inc. has a one year low of $452.05 and a one year high of $714.97. The company has a 50-day simple moving average of $516.26 and a two-hundred day simple moving average of $582.70. The firm has a market capitalization of $20.11 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.49 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 earnings per share 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 the consensus estimate of $3.12 billion. During the same quarter last year, the firm earned $6.70 earnings per share. The business’s revenue for the quarter was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Analysts expect that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ULTA has been the topic of a number of analyst reports. The Goldman Sachs Group lowered their target price on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. JPMorgan Chase & Co. reduced their target price on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. DA Davidson reduced their target price on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. TD Cowen cut their price target on shares of Ulta Beauty from $700.00 to $600.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Weiss Ratings lowered shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock 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.