Hsbc Holdings PLC Grows Stock Position in Ulta Beauty Inc. $ULTA

Hsbc Holdings PLC grew its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 146,343 shares of the specialty retailer’s stock after purchasing an additional 5,617 shares during the period. Hsbc Holdings PLC’s holdings in Ulta Beauty were worth $88,588,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Fideuram Asset Management Ireland dac acquired a new position in shares of Ulta Beauty in the fourth quarter worth about $25,000. Strengthening Families & Communities LLC increased its holdings in Ulta Beauty by 4,200.0% during 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 last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Ulta Beauty during the 4th quarter worth approximately $30,000. BOKF NA acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $31,000. Finally, Steigerwald Gordon & Koch Inc. raised its position in shares of Ulta Beauty by 2,550.0% in the 4th 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 in the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $461.33 on Friday. The stock has a 50 day moving average of $492.85 and a 200-day moving average of $572.59. The firm has a market capitalization of $19.83 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on ULTA. TD Cowen dropped 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 note on Tuesday, June 9th. Citigroup reduced their price objective on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. William Blair reissued a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. B. Riley Financial reduced their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group decreased their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Insider Activity at Ulta Beauty

In other Ulta Beauty 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 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.17% of the company’s stock.

Ulta Beauty Company 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.