WINTON GROUP Ltd lessened its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 69.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,727 shares of the specialty retailer’s stock after selling 6,246 shares during the period. WINTON GROUP Ltd’s holdings in Ulta Beauty were worth $1,230,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of the business. California State Teachers Retirement System grew its holdings in Ulta Beauty by 43,592.1% in the 2nd quarter. California State Teachers Retirement System now owns 29,433,210 shares of the specialty retailer’s stock valued at $13,273,789,000 after buying an additional 29,365,845 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Ulta Beauty during the 2nd quarter worth $1,815,712,000. Diamant Asset Management Inc. boosted its position in shares of Ulta Beauty by 52,171.0% during the 1st quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock valued at $77,050,000 after acquiring an additional 1,471,222 shares during the last quarter. Norges Bank purchased a new stake in shares of Ulta Beauty in the fourth quarter valued at about $430,963,000. Finally, Bank of America Corp DE purchased a new stake in shares of Ulta Beauty in the second quarter valued at about $260,192,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts have commented on ULTA shares. Raymond James Financial reaffirmed a “strong-buy” rating and set a $700.00 target price on shares of Ulta Beauty in a research note on Friday, August 28th. B. Riley Financial cut their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Barclays cut their price target on shares of Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Loop Capital reiterated a “hold” rating and issued a $550.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $624.57.
Ulta Beauty Price Performance
ULTA opened at $546.78 on Monday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The business has a fifty day simple moving average of $514.13 and a 200-day simple moving average of $524.13. The firm has a market cap of $23.38 billion, a P/E ratio of 19.93, a P/E/G ratio of 1.63 and a beta of 0.85.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $0.33. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%.The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the previous year, the business earned $5.78 EPS. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Sell-side analysts expect that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.
Ulta Beauty Company Profile
Ulta Beauty, Inc is a specialty beauty retailer operating under the Ulta Beauty brand. The company sells a broad selection of cosmetics, skincare, haircare, fragrance, bath and body products, and beauty tools across a range of price points. Its merchandise includes both established brands and private-label products, as well as prestige, mass-market and professional beauty offerings.
In addition to retail sales, Ulta Beauty provides services through salon locations within many of its stores, including hair, skin and brow services.
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