Cetera Investment Advisers Has $7.24 Million Holdings in Ulta Beauty Inc. $ULTA

Cetera Investment Advisers increased its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 16.1% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,853 shares of the specialty retailer’s stock after purchasing an additional 1,919 shares during the period. Cetera Investment Advisers’ holdings in Ulta Beauty were worth $7,241,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of ULTA. Fideuram Asset Management Ireland dac bought a new position in Ulta Beauty during the fourth quarter valued at about $25,000. Hilton Head Capital Partners LLC boosted its stake in shares of 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 in the last quarter. Strengthening Families & Communities LLC boosted its stake in shares of 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 in the last quarter. Ascentis Independent Advisors acquired a new position in shares of Ulta Beauty during the 1st quarter valued at about $29,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Ulta Beauty during the 4th quarter valued at about $30,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the company. UBS Group reduced their target price on Ulta Beauty from $810.00 to $735.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. B. Riley Financial dropped their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Jefferies Financial Group upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. Evercore set a $635.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Guggenheim started coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They issued a “buy” rating on the stock. One investment 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 given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $638.09.

Ulta Beauty Stock Down 0.8%

Shares of ULTA opened at $512.83 on Friday. The stock’s 50-day moving average price is $477.49 and its 200 day moving average price is $553.64. The firm has a market capitalization of $22.05 billion, a price-to-earnings ratio of 19.23, a P/E/G ratio of 1.60 and a beta of 0.88. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data 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 company had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the company earned $6.70 EPS. 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. Equities research analysts expect that Ulta Beauty Inc. will post 28.77 EPS for the current year.

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.