Andra AP fonden Reduces Position in Ulta Beauty Inc. $ULTA

Andra AP fonden reduced its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 81.9% in the 1st quarter, Holdings Channel.com reports. The firm owned 27,998 shares of the specialty retailer’s stock after selling 126,582 shares during the period. Andra AP fonden’s holdings in Ulta Beauty were worth $14,635,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in ULTA. Vanguard Group Inc. increased its holdings in shares of Ulta Beauty by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock valued at $3,253,047,000 after acquiring an additional 23,434 shares during the last quarter. State Street Corp lifted its stake in Ulta Beauty by 2.5% during the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer’s stock worth $1,225,487,000 after purchasing an additional 50,305 shares during the last quarter. Diamant Asset Management Inc. increased its stake in Ulta Beauty by 52,171.0% in the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock valued at $77,050,000 after purchasing an additional 1,471,222 shares during the last quarter. Geode Capital Management LLC increased its stake in 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 purchasing 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 purchasing an additional 2,463 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

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 on 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 transaction, the director owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Ulta Beauty Trading Up 0.3%

Shares of ULTA stock opened at $489.47 on Wednesday. The company has a market capitalization of $21.04 billion, a P/E ratio of 18.35, a price-to-earnings-growth ratio of 1.52 and a beta of 0.88. The business’s 50 day moving average is $477.53 and its two-hundred day moving average is $561.27. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS 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 quarter in the prior year, the business earned $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. As a group, equities analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

ULTA has been the subject of several recent analyst reports. JPMorgan Chase & Co. reduced their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Loop Capital reiterated a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research note on Wednesday, June 3rd. UBS Group reduced their price target 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. Piper Sandler decreased their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Finally, DA Davidson dropped their price objective on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $638.09.

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.