FFG Partners LLC Acquires 1,996 Shares of Ulta Beauty Inc. $ULTA

FFG Partners LLC grew its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 12.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,446 shares of the specialty retailer’s stock after purchasing an additional 1,996 shares during the period. Ulta Beauty comprises approximately 3.8% of FFG Partners LLC’s investment portfolio, making the stock its 13th biggest holding. FFG Partners LLC’s holdings in Ulta Beauty were worth $9,642,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its stake in shares of Ulta Beauty by 0.4% during the 4th quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock worth $3,253,047,000 after buying an additional 23,434 shares during the last quarter. State Street Corp increased its position in shares of Ulta Beauty by 2.5% in the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer’s stock valued at $1,225,487,000 after acquiring an additional 50,305 shares during the last quarter. Sanders Capital LLC increased its position in shares of Ulta Beauty by 8.9% in the third quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock valued at $690,994,000 after acquiring an additional 103,540 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Ulta Beauty by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer’s stock valued at $747,587,000 after acquiring an additional 21,947 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. raised its holdings in Ulta Beauty by 0.3% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 974,223 shares of the specialty retailer’s stock worth $589,415,000 after acquiring an additional 2,463 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.39% of the company’s stock.

Ulta Beauty Trading Up 2.0%

Ulta Beauty stock opened at $465.06 on Tuesday. The company has a market capitalization of $19.99 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.42 and a beta of 0.86. Ulta Beauty Inc. has a 12 month low of $448.57 and a 12 month high of $714.97. The stock’s 50 day moving average is $507.22 and its 200-day moving average is $579.92.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm posted $6.70 EPS. The firm’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. As a group, equities research analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have weighed in on the company. Morgan Stanley decreased their price target on Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. The Goldman Sachs Group dropped their price objective on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Robert W. Baird cut their price objective on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a report on Wednesday, June 3rd. Wedbush initiated coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating for the company. Finally, B. Riley Financial lowered their target price on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. One 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 given a Sell rating to the company. According to data from MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $638.09.

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.