Chicago Partners Investment Group LLC Purchases 1,146 Shares of Ulta Beauty Inc. $ULTA

Chicago Partners Investment Group LLC grew its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 68.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 2,811 shares of the specialty retailer’s stock after acquiring an additional 1,146 shares during the period. Chicago Partners Investment Group LLC’s holdings in Ulta Beauty were worth $1,585,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ULTA. GHE LLC lifted its stake in shares of Ulta Beauty by 257.9% in the 1st quarter. GHE LLC now owns 19,189 shares of the specialty retailer’s stock valued at $10,030,000 after purchasing an additional 13,828 shares during the period. Arbejdsmarkedets Tillaegspension bought a new position in Ulta Beauty in the first quarter worth $25,705,000. International Assets Investment Management LLC raised its holdings in Ulta Beauty by 195.3% in the first quarter. International Assets Investment Management LLC now owns 1,379 shares of the specialty retailer’s stock worth $740,000 after purchasing an additional 912 shares in the last quarter. Diversify Wealth Management LLC purchased a new position in Ulta Beauty during the first quarter valued at $328,000. Finally, Citizens Financial Group Inc. RI lifted its position in Ulta Beauty by 1.1% during the first quarter. Citizens Financial Group Inc. RI now owns 3,096 shares of the specialty retailer’s stock valued at $1,618,000 after buying an additional 35 shares during the period. Institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently commented on ULTA. Morgan Stanley dropped their target price on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. The Goldman Sachs Group lowered their price target on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Jefferies Financial Group raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research note on Wednesday, June 3rd. Finally, Guggenheim initiated coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Trading Down 0.9%

Ulta Beauty stock opened at $469.12 on Wednesday. The business’s fifty day simple moving average is $481.49 and its two-hundred day simple moving average is $565.70. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company has a market capitalization of $20.17 billion, a price-to-earnings ratio of 17.59, a price-to-earnings-growth ratio of 1.48 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share 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 during the quarter, compared to the consensus estimate of $3.12 billion. During the same period last year, the company earned $6.70 earnings per share. The company’s revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities research analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.20% 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.