Renaissance Group LLC Reduces Stock Position in Ulta Beauty Inc. $ULTA

Renaissance Group LLC cut its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 64,332 shares of the specialty retailer’s stock after selling 1,855 shares during the quarter. Ulta Beauty makes up approximately 1.6% of Renaissance Group LLC’s holdings, making the stock its 13th largest holding. Renaissance Group LLC owned about 0.15% of Ulta Beauty worth $38,922,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Fideuram Asset Management Ireland dac bought a new stake in shares of Ulta Beauty in the 4th quarter worth approximately $25,000. Strengthening Families & Communities LLC raised its holdings in shares of Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 42 shares in the last quarter. Abich Financial Wealth Management LLC bought a new position in shares of Ulta Beauty during the third quarter valued at approximately $31,000. BOKF NA purchased a new stake in Ulta Beauty in the third quarter worth $31,000. Finally, Steigerwald Gordon & Koch Inc. lifted 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 worth $32,000 after acquiring an additional 51 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Key Ulta Beauty News

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

• Positive Sentiment: Ulta Beauty continues to benefit from brand and category momentum, including fragrance and prestige products, which were highlighted as strong drivers in recent Q1 results and follow-up analysis. That supports the view that core demand remains healthy. 5 Insightful Analyst Questions From Ulta’s Q1 Earnings Call
• Positive Sentiment: Khloé Kardashian launched XO Blue fragrance at Ulta, adding a celebrity-backed exclusivity play that may help traffic, sales, and Ulta’s image as a destination for new beauty launches. Khloé Kardashian Launches XO Blue Fragrance at Ulta With a Summer Beach Scent
• Positive Sentiment: Ulta shareholders approved governance and incentive changes, which can be viewed as a sign of corporate alignment and cleaner execution going forward. Ulta Beauty Shareholders Approve Governance and Incentive Changes
• Neutral Sentiment: Analyst and comparison pieces like “WOOF vs. ULTA” and the Zacks feature are mostly valuation-focused and do not add a clear near-term catalyst, but they keep Ulta in the spotlight for investors weighing quality versus value. WOOF vs. ULTA: Which Stock Is the Better Value Option?
• Negative Sentiment: Investor sentiment remains mixed because some commentary argues Ulta’s growth may be slowing and that margin improvements may be hard to sustain, which helps explain why the stock has been drifting lower despite solid earnings. Is Ulta Beauty Losing Its Glamour? Why Investors Are Dumping ULTA Stock
• Negative Sentiment: Another recent opinion piece said Ulta’s latest quarter looked “ugly,” with investors worried that guidance points to slower EPS growth and that some margin gains may not last, adding to pressure on the shares. Ulta Beauty Earnings Were Ugly. We’re Pulling Our Recommendation.

Wall Street Analyst Weigh In

ULTA has been the topic of a number of research analyst reports. The Goldman Sachs Group reduced their price objective on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company cut their target price on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research note on Wednesday, June 3rd. Jefferies Financial Group upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price target for the company from $635.00 to $700.00 in a research report on Monday, April 20th. Weiss Ratings downgraded shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. Finally, Telsey Advisory Group raised their price objective on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a report on Monday, March 9th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $644.91.

Insider Transactions at Ulta Beauty

In related 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 value of $243,759.08. Following the transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.17% of the stock is currently owned by insiders.

Ulta Beauty Stock Down 1.5%

ULTA stock opened at $470.75 on Thursday. The business has a 50 day moving average of $518.56 and a 200 day moving average of $583.79. The firm has a market cap of $20.24 billion, a PE ratio of 17.65, a price-to-earnings-growth ratio of 1.49 and a beta of 0.86. Ulta Beauty Inc. has a twelve month low of $452.00 and a twelve month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the firm posted $6.70 earnings per share. The company’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. On average, research analysts expect that Ulta Beauty Inc. will post 28.72 earnings per share for the current fiscal 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.