United Capital Financial Advisors LLC Invests $1.30 Million in Ulta Beauty Inc. $ULTA

United Capital Financial Advisors LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,878 shares of the specialty retailer’s stock, valued at approximately $1,298,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Ulta Beauty in the 2nd quarter valued at approximately $1,815,712,000. Diamant Asset Management Inc. grew its holdings in Ulta Beauty by 52,171.0% during the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock worth $77,050,000 after acquiring an additional 1,471,222 shares during the period. Norges Bank purchased a new position in Ulta Beauty in the fourth quarter worth $430,963,000. Bank of America Corp DE purchased a new position in Ulta Beauty in the second quarter worth $260,192,000. Finally, Legal & General Group Plc acquired a new stake in Ulta Beauty in the second quarter valued at $161,600,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “buy” rating and set a $650.00 price target on shares of Ulta Beauty in a research note on Friday. Citigroup raised their price objective on shares of Ulta Beauty from $560.00 to $580.00 and gave the company a “neutral” rating in a research note on Friday. Piper Sandler decreased their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. The Goldman Sachs Group upped their target price on shares of Ulta Beauty from $648.00 to $667.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Argus set a $550.00 target price on shares of Ulta Beauty in a report on Thursday, June 18th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $626.59.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by company insiders.

Ulta Beauty Stock Down 4.2%

Ulta Beauty stock opened at $517.50 on Friday. The firm has a market capitalization of $22.25 billion, a PE ratio of 18.86, a P/E/G ratio of 1.58 and a beta of 0.87. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The firm’s 50-day simple moving average is $497.56 and its 200 day simple moving average is $534.74.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.28%. The business had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.99 billion. During the same period last year, the company posted $5.78 EPS. The company’s revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts expect that Ulta Beauty Inc. will post 28.9 EPS for the current fiscal year.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
• Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
• Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
• Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition

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.