Diamant Asset Management Inc. Has $77.05 Million Stake in Ulta Beauty Inc. $ULTA

Diamant Asset Management Inc. grew its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 52,171.0% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,474,042 shares of the specialty retailer’s stock after buying an additional 1,471,222 shares during the period. Diamant Asset Management Inc. owned approximately 3.37% of Ulta Beauty worth $77,050,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in ULTA. Fideuram Asset Management Ireland dac bought a new position in shares of Ulta Beauty in the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC lifted its holdings in Ulta Beauty by 860.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares during the last quarter. Strengthening Families & Communities LLC boosted its position in Ulta Beauty by 4,200.0% during the fourth 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. Nalls Sherbakoff Group LLC bought a new stake in Ulta Beauty during the fourth quarter worth approximately $30,000. Finally, BOKF NA acquired a new position in Ulta Beauty during the third quarter valued at approximately $31,000. Institutional investors own 90.39% of the company’s stock.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.17% of the company’s stock.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $488.45 on Friday. The firm’s 50-day moving average is $503.08 and its 200-day moving average is $577.49. The company has a market cap of $21.00 billion, a price-to-earnings ratio of 18.31, a PEG ratio of 1.52 and a beta of 0.86. Ulta Beauty Inc. has a 52-week low of $448.57 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the company posted $6.70 earnings per share. The company’s quarterly 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. Equities analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current year.

Wall Street Analyst Weigh In

ULTA has been the subject of a number of analyst reports. Wedbush assumed coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating for the company. UBS Group cut their target price on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Wells Fargo & Company decreased their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a report on Wednesday, June 3rd. Argus set a $550.00 price target on Ulta Beauty in a research report on Thursday, June 18th. Finally, Oppenheimer cut their price objective on Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating for the company in a research report on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given 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, Ulta Beauty has a consensus rating of “Moderate Buy” and an average 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.