Ulta Beauty Inc. $ULTA Stock Position Raised by Summitry LLC

Summitry LLC boosted its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 0.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,865 shares of the specialty retailer’s stock after purchasing an additional 1,322 shares during the quarter. Ulta Beauty comprises approximately 5.1% of Summitry LLC’s portfolio, making the stock its 2nd biggest holding. Summitry LLC owned approximately 0.46% of Ulta Beauty worth $122,735,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of ULTA. Holocene Advisors LP raised its stake in Ulta Beauty by 339.6% in the third quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock valued at $207,732,000 after purchasing an additional 293,516 shares in the last quarter. Andra AP fonden raised its stake in Ulta Beauty by 351,900.0% in the third quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock valued at $125,096,000 after purchasing an additional 228,735 shares in the last quarter. Invesco Ltd. raised its stake in Ulta Beauty by 33.6% in the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after purchasing an additional 211,485 shares in the last quarter. Caisse de depot et placement du Quebec raised its stake in Ulta Beauty by 249.8% in the third quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer’s stock valued at $161,747,000 after purchasing an additional 211,266 shares in the last quarter. Finally, AQR Capital Management LLC raised its stake in Ulta Beauty by 76.6% in the second quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock valued at $222,794,000 after purchasing an additional 207,084 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Ulta Beauty Stock Performance

ULTA stock opened at $515.04 on Tuesday. Ulta Beauty Inc. has a one year low of $402.76 and a one year high of $714.97. The company’s 50 day moving average price is $526.55 and its two-hundred day moving average price is $586.17. The company has a market capitalization of $22.44 billion, a PE ratio of 20.10, a price-to-earnings-growth ratio of 1.79 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping 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 period in the previous year, the firm earned $8.46 earnings per share. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, research analysts predict that Ulta Beauty Inc. will post 28.47 EPS for the current year.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction on 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 directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by insiders.

Analyst Ratings Changes

ULTA has been the topic of a number of recent analyst reports. Telsey Advisory Group raised their target price 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. Bank of America raised shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price target on the stock in a research note on Tuesday, May 5th. Guggenheim started coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating on the stock. Canaccord Genuity Group lifted their price target on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Finally, Wells Fargo & Company raised shares of Ulta Beauty from a “strong sell” rating to an “overweight” rating in a research note on Monday, April 20th. One 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 issued a Sell rating to the company. According to MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and an average target price of $687.95.

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.