11,803 Shares in Ulta Beauty Inc. $ULTA Purchased by Trillium Asset Management LLC

Key Points

• Trillium Asset Management purchased 11,803 Ulta Beauty shares in the second quarter, valued at approximately $5.3 million. Institutional investors collectively own 90.39% of the company.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $638.09, although several brokerages recently lowered their targets. Ulta’s latest quarterly results exceeded expectations, with revenue rising 11.1% year over year.
• Ulta faces mixed near-term developments: product expansion and new store openings may support growth, while Target’s decision to end its Ulta shop-in-shop partnership removes a major distribution channel. Investors are also awaiting the company’s August 27 earnings report.

Trillium Asset Management LLC bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 11,803 shares of the specialty retailer's stock, valued at approximately $5,323,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vise Technologies Inc. bought a new stake in shares of Ulta Beauty during the second quarter valued at approximately $1,033,000. Asahi Life Asset Management CO. LTD. bought a new position in Ulta Beauty in the second quarter worth $321,000. Bell & Brown Wealth Advisors LLC bought a new stake in shares of Ulta Beauty during the 2nd quarter valued at $3,412,000. Edmond DE Rothschild Holding S.A. bought a new stake in shares of Ulta Beauty during the 2nd quarter valued at $252,000. Finally, Johnson Financial Group Inc. purchased a new stake in shares of Ulta Beauty in the 2nd quarter worth about $364,000. Hedge funds and other institutional investors own 90.39% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on ULTA. Argus set a $550.00 price target on shares of Ulta Beauty in a research note on Thursday, June 18th. B. Riley Financial dropped their price objective on shares of Ulta Beauty from $600.00 to $500.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 3rd. Canaccord Genuity Group cut their price objective on shares of Ulta Beauty from $799.00 to $731.00 and set a "buy" rating on the stock in a report on Wednesday, June 3rd. DA Davidson decreased their target price on shares of Ulta Beauty from $650.00 to $585.00 and set a "buy" rating for the company in a research note on Wednesday, June 3rd. Finally, Morgan Stanley lowered their target price on shares of Ulta Beauty from $700.00 to $630.00 and set an "overweight" rating for the company in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $638.09.

Ulta Beauty News Summary

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

• Positive Sentiment: Analysts at Zacks said Ulta has a favorable combination of earnings-estimate revisions and historical earnings-surprise factors, suggesting the company could exceed expectations in its upcoming report. The company previously reported quarterly EPS and revenue above consensus, supporting optimism ahead of the release. Ulta Beauty Earnings Expected to Grow
• Positive Sentiment: Ulta is expanding its product assortment through an exclusive U.S. partnership with Chinese beauty company Nutrire. The hair-wellness brand will launch on Ulta.com before expanding to approximately 250 stores, potentially supporting traffic, differentiation and sales growth. China Beauty Firm Expands in U.S. With Ulta Deal
• Positive Sentiment: Ulta is also among the lead tenants opening at a new Skillman shopping center, adding another store location and potential source of long-term sales. Ulta Beauty Opens at Skillman Shopping Center
• Neutral Sentiment: Ulta is expected to announce quarterly earnings on August 27. The event is a near-term catalyst, with investors focused on comparable sales, margins and management’s outlook. Ulta Beauty to Announce Quarterly Earnings
• Negative Sentiment: Target has finalized the end of its Ulta shop-in-shop arrangement and plans to replace it with its own Beauty Studio concept in about 600 stores. The termination removes a sizable distribution channel and could weigh on investor sentiment, even though Ulta is redirecting its strategy toward company stores and exclusive brands. Target Finalizes Partnership Exit

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm's stock in a transaction that occurred 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 sale, the director 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.20% of the stock is currently owned by insiders.

Ulta Beauty Price Performance

Shares of Ulta Beauty stock opened at $515.14 on Friday. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The firm's 50-day moving average is $488.92 and its 200 day moving average is $539.83. The stock has a market cap of $22.15 billion, a price-to-earnings ratio of 19.32, a PEG ratio of 1.65 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating analysts' consensus estimates of $6.89 by $0.85. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates 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 was up 11.1% compared to the same quarter last year. During the same period last year, the business earned $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities analysts expect that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

About Ulta Beauty

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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