Y Intercept Hong Kong Ltd Makes New $18.91 Million Investment in Ulta Beauty Inc. $ULTA

Y Intercept Hong Kong Ltd bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 36,176 shares of the specialty retailer’s stock, valued at approximately $18,910,000. Ulta Beauty accounts for about 0.4% of Y Intercept Hong Kong Ltd’s investment portfolio, making the stock its 27th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC increased its stake in 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 acquiring an additional 43 shares during the period. Strengthening Families & Communities LLC increased its stake in 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 acquiring an additional 42 shares during the period. Nalls Sherbakoff Group LLC acquired a new position in Ulta Beauty in the 4th quarter valued at $30,000. Finally, BOKF NA acquired a new position in Ulta Beauty in the 3rd quarter valued at $31,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Key Ulta Beauty News

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

• Positive Sentiment: Ulta is using its summer promotion calendar to drive traffic, with discounts of up to 40% on brands like Clinique and Olaplex, which could support near-term sales. Ulta’s big summer beauty sale: Shop up to 40% off deals on Clinique, Olaplex and more
• Positive Sentiment: One article highlighted that Ulta’s fundamentals still look decent even after the stock hit a new 52-week low, suggesting some investors may see the shares as approaching a value/buy zone. Ulta Beauty Stock Hits a New 52-Week Low: If It’s Not in the Buy Zone, It’s Awfully Close
• Neutral Sentiment: Ulta opened a new store at Darinor Plaza in Norwalk, showing continued brick-and-mortar expansion, but the move appears incremental rather than a major catalyst. Ulta Beauty opens store at Darinor Plaza in Norwalk
• Neutral Sentiment: Several articles focused on why ULTA has fallen since its last earnings report, but they mainly point to post-earnings estimate revisions and broader investor caution rather than a new operational issue. Why Is Ulta (ULTA) Down 3.5% Since Last Earnings Report?
• Negative Sentiment: Target and Ulta Beauty are ending their store partnership in August, and Target plans to replace Ulta shop-in-shops with a new in-store beauty concept, which removes a distribution channel for Ulta and may pressure sales expectations. Target and Ulta Beauty to end store partnership this August

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on ULTA shares. Citigroup reduced their target price on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating on the stock in a report on Thursday, June 4th. Telsey Advisory Group boosted their price target on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Robert W. Baird decreased their target price on shares of Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating on the stock in a report on Wednesday, June 3rd. Finally, Loop Capital restated a “hold” rating and issued a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus price target of $638.09.

Ulta Beauty Stock Performance

Ulta Beauty stock opened at $461.33 on Friday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The stock has a market capitalization of $19.83 billion, a P/E ratio of 17.30, a price-to-earnings-growth ratio of 1.42 and a beta of 0.88. The stock has a fifty day moving average of $494.90 and a 200-day moving average of $573.37.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the firm posted $6.70 earnings per share. Ulta Beauty’s revenue 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. On average, research analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.17% of the company’s stock.

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.