Castleark Management LLC Acquires Shares of 49,941 Ulta Beauty Inc. $ULTA

Castleark Management LLC purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 49,941 shares of the specialty retailer’s stock, valued at approximately $30,215,000. Ulta Beauty makes up approximately 0.9% of Castleark Management LLC’s holdings, making the stock its 26th biggest holding. Castleark Management LLC owned approximately 0.11% of Ulta Beauty as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac acquired a new position in Ulta Beauty during the fourth quarter worth about $25,000. Strengthening Families & Communities LLC grew its holdings 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 period. Steigerwald Gordon & Koch Inc. grew its holdings in Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 51 shares during the period. Abich Financial Wealth Management LLC acquired a new position in Ulta Beauty during the third quarter worth about $31,000. Finally, BOKF NA purchased a new position in Ulta Beauty in the 3rd quarter worth about $31,000. 90.39% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the transaction, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on ULTA. TD Cowen dropped their price target on Ulta Beauty from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday. Telsey Advisory Group lifted their price target on Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research note on Monday, March 9th. Evercore set a $635.00 price target on Ulta Beauty in a research note on Wednesday, June 3rd. Citigroup decreased their price objective on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, JPMorgan Chase & Co. decreased their price objective on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. One investment 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 stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $644.91.

Ulta Beauty Stock Down 1.8%

Shares of ULTA opened at $467.74 on Friday. The stock’s fifty day simple moving average is $516.26 and its 200-day simple moving average is $582.70. The firm has a market capitalization of $20.11 billion, a PE ratio of 17.54, a price-to-earnings-growth ratio of 1.49 and a beta of 0.86. Ulta Beauty Inc. has a 12-month low of $452.05 and a 12-month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced 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 company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the company earned $6.70 earnings per share. The company’s revenue for the quarter 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. Analysts anticipate that Ulta Beauty Inc. will post 28.76 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.