QRG Capital Management Inc. Buys 1,260 Shares of Ulta Beauty Inc. $ULTA

QRG Capital Management Inc. grew its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 29.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 5,586 shares of the specialty retailer’s stock after purchasing an additional 1,260 shares during the period. QRG Capital Management Inc.’s holdings in Ulta Beauty were worth $3,379,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Grey Fox Wealth Advisors LLC bought a new position in Ulta Beauty during the third quarter valued at about $31,000. Abich Financial Wealth Management LLC bought a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $31,000. BOKF NA acquired a new stake in shares of Ulta Beauty during the 3rd quarter worth approximately $31,000. Steigerwald Gordon & Koch Inc. grew its holdings in shares of Ulta Beauty by 2,550.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 51 shares in the last quarter. Finally, Tobam bought a new stake in shares of Ulta Beauty during the third quarter valued at approximately $43,000. Institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

ULTA has been the subject of several research reports. Guggenheim began coverage on Ulta Beauty in a research report on Monday, April 20th. They issued a “buy” rating for the company. Telsey Advisory Group increased their price objective on shares of Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Canaccord Genuity Group raised their price objective on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Evercore set a $725.00 target price on shares of Ulta Beauty in a research note on Wednesday, March 11th. Finally, Bank of America raised shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price target for the company in a research report on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $674.23.

Insider Buying and Selling

In other Ulta Beauty 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 sale, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their ownership of the stock. 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 company insiders.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Bank of America upgraded ULTA to a “Buy” from “Neutral,” highlighting that the recent pullback creates an attractive entry into what it calls a high-quality compounder and keeping a $685 price target that implies meaningful upside. That upgrade has been cited as the primary near-term catalyst for the stock lift. Ulta Beauty shares gain on Bank of America upgrade
• Positive Sentiment: Ulta’s push into AI-enabled commerce (Gemini-powered “Ulta AI”) plus a data-sharing tie-up with NielsenIQ could sharpen personalization, product discovery and omnichannel merchandising — tangible drivers of higher conversion and margin over time if execution scales. Will Ulta’s (ULTA) Gemini-Powered “Ulta AI” and NielsenIQ Tie-Up Change Its Digital Narrative?
• Neutral Sentiment: Industry commentary from retail leaders emphasizes disciplined transformation and deeper consumer connection as keys to stability — supportive for incumbents like Ulta that invest in brand purpose and omnichannel, but not an immediate stock mover. Retail stability hinges on disciplined transformation, deeper consumer connection
• Neutral Sentiment: Broader tech and creator-ecommerce advances (e.g., predictive creator matching) signal industry tailwinds for digital marketing effectiveness, which could indirectly benefit Ulta’s digital channels but are not Ulta-specific. Creatable launches the first Predictive AI to help book creators for ecommerce
• Negative Sentiment: Competitive pressure: Walmart is making a notable push into beauty to better rival Target and specialty retailers, which could weigh on share and pricing dynamics in mass channels over the medium term. Investors will watch how Ulta defends market share and pricing power. Walmart makes big move into beauty to rival Target

Ulta Beauty Price Performance

Ulta Beauty stock opened at $535.10 on Thursday. The firm has a market capitalization of $23.31 billion, a P/E ratio of 20.88, a P/E/G ratio of 1.95 and a beta of 0.89. The stock has a fifty day moving average price of $568.29 and a two-hundred day moving average price of $587.70. Ulta Beauty Inc. has a 52-week low of $386.00 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating the consensus estimate of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the previous year, the company earned $8.46 EPS. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, equities research analysts predict that Ulta Beauty Inc. will post 28.45 EPS for the current fiscal year.

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.