112,371 Shares in Ulta Beauty Inc. $ULTA Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Key Points

• Mitsubishi UFJ Asset Management acquired 112,371 Ulta Beauty shares valued at approximately $50.7 million, giving it a 0.26% stake. Institutional investors collectively own 90.39% of the company.
• Analysts maintain a generally positive outlook, with 19 Buy, one Strong Buy, six Hold, and one Sell rating. Ulta has a consensus “Moderate Buy” rating and an average price target of $638.09, despite several recent target-price reductions.
• Ulta’s latest quarterly results exceeded expectations, with EPS of $7.74 and revenue of $3.16 billion, up 11.1% year over year. Growth initiatives include exclusive brand launches, though the planned end of its Target shop-in-shop partnership could reduce distribution reach.

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 112,371 shares of the specialty retailer's stock, valued at approximately $50,677,000. Mitsubishi UFJ Asset Management Co. Ltd. owned 0.26% of Ulta Beauty at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Ulta Beauty during the 4th quarter valued at $25,000. Strengthening Families & Communities LLC raised its stake in Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 42 shares during the period. Hilton Head Capital Partners LLC lifted its holdings in Ulta Beauty by 860.0% during the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer's stock valued at $25,000 after purchasing an additional 43 shares during the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in Ulta Beauty during the fourth quarter valued at about $30,000. Finally, Ascentis Independent Advisors bought a new position in Ulta Beauty during the first quarter worth about $29,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ULTA shares. Robert W. Baird reduced their target price on shares of Ulta Beauty from $730.00 to $700.00 and set an "outperform" rating for the company in a research note on Wednesday, June 3rd. Loop Capital restated a "hold" rating and set a $550.00 price target on shares of Ulta Beauty in a research note on Wednesday, June 3rd. Bank of America raised shares of Ulta Beauty from a "neutral" rating to a "buy" rating and set a $685.00 price objective for the company in a report on Tuesday, May 5th. TD Cowen reiterated a "buy" rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Finally, Morgan Stanley dropped their target price on Ulta Beauty from $700.00 to $630.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $638.09.

Insider Buying and Selling

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the business's stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the transaction, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by insiders.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Ulta announced an exclusive U.S. partnership with hair-wellness brand Nutrire. The brand will launch on Ulta.com before expanding to approximately 250 stores, while skincare brand Dr. Reju-All is making its nationwide retail debut through Ulta. The launches could strengthen Ulta’s assortment, attract new customers and support its emerging-brand “Sparked” strategy. Ulta Beauty Adds Exclusive Brand Launch And 250 Store Rollout
• Positive Sentiment: China’s largest beauty company is reportedly expanding in the U.S. through a deal with Ulta. The partnership may increase product selection and international beauty-brand traffic across Ulta’s digital and store network. China’s Biggest Beauty Firm to Expand in US With Ulta Deal
• Positive Sentiment: Investors are focused on Ulta’s August 27 earnings release, with expectations for year-over-year earnings and revenue growth. Recent analysis also points to resilient loyalty-program performance, supporting the view that customer engagement remains a key strength. Is Ulta Beauty Below Fair Value Following Earnings Hopes and the Nutrire Launch? Ulta Beauty Stock May Be 10% Undervalued as Loyalty Growth Holds Up
• Neutral Sentiment: Ulta and Estée Lauder announced new executive appointments. The changes could affect strategy over time, but the available report does not indicate an immediate financial impact. Ulta Beauty and Estée Lauder Name New Executives
• Negative Sentiment: Target has ended its Ulta shop-in-shop arrangement and plans to replace it with its own Beauty Studio concept in roughly 600 locations. Losing that distribution channel could reduce Ulta’s reach and sales potential, although the company is simultaneously adding exclusive brands and other growth partners. Ulta’s Target Exit and Nutrire Deal Might Change the Case for Investing in Ulta Beauty

Ulta Beauty Trading Up 2.2%

ULTA stock opened at $527.85 on Thursday. The firm has a 50 day moving average of $488.14 and a 200-day moving average of $540.76. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The firm has a market capitalization of $22.69 billion, a P/E ratio of 19.79, a price-to-earnings-growth ratio of 1.61 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating the consensus estimate of $6.89 by $0.85. The company had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. Ulta Beauty's revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Sell-side analysts predict that Ulta Beauty Inc. will post 28.76 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.

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