8,644 Shares in Ulta Beauty Inc. $ULTA Purchased by IFM Investors Pty Ltd

IFM Investors Pty Ltd bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 8,644 shares of the specialty retailer’s stock, valued at approximately $4,518,000.

A number of other hedge funds also recently modified their holdings of the stock. Fideuram Asset Management Ireland dac acquired a new stake in Ulta Beauty during the fourth quarter worth about $25,000. Strengthening Families & Communities LLC raised its holdings in shares of Ulta Beauty by 4,200.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after buying an additional 42 shares in the last quarter. Hilton Head Capital Partners LLC lifted its position in shares of Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after buying an additional 43 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Ulta Beauty during the 4th quarter worth $30,000. Finally, Steigerwald Gordon & Koch Inc. boosted its stake in Ulta Beauty by 2,550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 51 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $461.33 on Friday. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The stock’s fifty day simple moving average is $492.85 and its 200 day simple moving average is $572.59. The firm has a market capitalization of $19.83 billion, a P/E ratio of 17.30, a P/E/G ratio of 1.44 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS 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 business’s quarterly 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. As a group, equities research analysts expect that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on ULTA. Oppenheimer decreased their target price on Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. Raymond James Financial reissued a “strong-buy” rating on shares of Ulta Beauty in a report on Tuesday, March 10th. Morgan Stanley reduced their price target on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Bank of America upgraded shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective for the company in a research report on Tuesday, May 5th. Finally, Argus set a $550.00 price objective on shares of Ulta Beauty in a research note on Thursday, June 18th. One 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 given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $638.09.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the transaction, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. The trade was a 15.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is currently owned by corporate insiders.

About Ulta Beauty

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.