Bank of New York Mellon Corp Grows Stock Holdings in Ulta Beauty Inc. $ULTA

Bank of New York Mellon Corp grew its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 14.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 289,648 shares of the specialty retailer’s stock after acquiring an additional 36,009 shares during the period. Bank of New York Mellon Corp’s holdings in Ulta Beauty were worth $175,240,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ULTA. Fideuram Asset Management Ireland dac purchased a new position in shares of Ulta Beauty in the 4th quarter valued at about $25,000. 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 acquiring an additional 42 shares during the last quarter. Abich Financial Wealth Management LLC acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at $31,000. BOKF NA purchased a new position in Ulta Beauty during the third quarter worth about $31,000. Finally, Steigerwald Gordon & Koch Inc. increased its position in shares of Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after acquiring an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ULTA. William Blair reissued a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. Wedbush started coverage on Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating for the company. Canaccord Genuity Group decreased their price target on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research note on Wednesday. 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. Finally, Jefferies Financial Group raised Ulta Beauty from a “hold” rating to a “buy” rating and raised their price objective for the stock from $635.00 to $700.00 in a report on Monday, April 20th. One 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 given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $651.73.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the transaction, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Key Stories Impacting Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: New commentary argued Ulta remains a solid growth stock, pointing to above-average financial growth and the potential to outperform the market. Is Ulta (ULTA) a Solid Growth Stock? 3 Reasons to Think “Yes”
• Positive Sentiment: Analysts and market notes highlighted strong demand for premium beauty brands, with Ulta’s latest results and raised outlook suggesting the business is still holding up well. Ulta Beauty Sales Jump On Strong Demand For Higher-End Beauty Brands
• Positive Sentiment: Multiple broker updates lifted price targets, including JPMorgan, Barclays, and Robert W. Baird, reinforcing Wall Street’s constructive view on Ulta’s rebound potential. Ulta Beauty (NASDAQ:ULTA) Given New $631.00 Price Target at JPMorgan Chase & Co.
• Neutral Sentiment: Ulta’s presentation at the William Blair Growth Stock Conference kept the company in focus, but it did not appear to introduce a major new catalyst. Ulta Beauty, Inc. (ULTA) Presents at 46th Annual William Blair Growth Stock Conference Transcript
• Neutral Sentiment: One retail-industry discussion emphasized that delivery reliability matters more than speed, which is relevant to Ulta’s operations but unlikely to move the stock on its own. Delivery reliability trumps speed, Macy’s and Ulta execs say
• Negative Sentiment: Despite the bullish long-term narrative, some coverage noted that the stock had been under pressure recently after earnings, suggesting investors remain cautious about near-term momentum. Ulta proves beauty’s resilience, but guidance raises questions over momentum

Ulta Beauty Trading Up 1.0%

Shares of ULTA opened at $467.07 on Friday. Ulta Beauty Inc. has a twelve month low of $452.00 and a twelve month high of $714.97. The firm has a market capitalization of $20.08 billion, a PE ratio of 17.51, a P/E/G ratio of 1.48 and a beta of 0.86. The stock’s 50 day moving average is $521.18 and its two-hundred day moving average is $583.90.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (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 the consensus estimate of $3.12 billion. During the same quarter in the previous year, the company posted $6.70 EPS. The business’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, sell-side analysts predict that Ulta Beauty Inc. will post 28.67 EPS for the current year.

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.