Ulta Beauty Inc. $ULTA Shares Bought by California Public Employees Retirement System

California Public Employees Retirement System increased its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 10.3% during the first quarter, HoldingsChannel reports. The fund owned 91,187 shares of the specialty retailer’s stock after buying an additional 8,523 shares during the period. California Public Employees Retirement System’s holdings in Ulta Beauty were worth $47,664,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Fideuram Asset Management Ireland dac acquired a new position in Ulta Beauty during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC grew its holdings in Ulta Beauty by 860.0% in the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 43 shares during the last quarter. Strengthening Families & Communities LLC grew its holdings in Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 42 shares during the last quarter. Ascentis Independent Advisors purchased a new position in shares of Ulta Beauty in the first quarter valued at $29,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Ulta Beauty during the 4th quarter worth $30,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Up 1.8%

NASDAQ:ULTA opened at $488.08 on Tuesday. The company has a market cap of $20.98 billion, a P/E ratio of 18.30, a P/E/G ratio of 1.50 and a beta of 0.88. The firm’s 50 day moving average is $477.84 and its two-hundred day moving average is $562.08. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 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 the consensus estimate 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% on a year-over-year basis. During the same period in the prior year, the firm posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Research analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction dated Monday, June 15th. The stock was 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 $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Wells Fargo & Company cut their target price on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research report on Wednesday, June 3rd. Canaccord Genuity Group cut their price objective on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Evercore set a $635.00 target price on Ulta Beauty in a research note on Wednesday, June 3rd. Piper Sandler lowered their target price on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Finally, The Goldman Sachs Group dropped their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $638.09.

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.