12,853 Shares in Ulta Beauty Inc. $ULTA Purchased by Sanctuary Advisors LLC

Key Points

• Sanctuary Advisors LLC acquired 12,853 Ulta Beauty shares in the second quarter, valued at approximately $5.8 million. Institutional investors collectively own 90.39% of the company.
• Ulta’s latest quarterly results exceeded expectations, with revenue rising 11.1% year over year to $3.16 billion and EPS reaching $7.74 versus the $6.89 consensus estimate.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $638.09, though lowered targets and potential margin pressure remain risks.

Sanctuary Advisors LLC acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,853 shares of the specialty retailer's stock, valued at approximately $5,797,000.

Other large investors also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its holdings in shares of Ulta Beauty by 231.6% in the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer's stock valued at $1,372,000 after purchasing an additional 2,615 shares during the period. Intech Investment Management LLC increased its holdings in Ulta Beauty by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer's stock worth $1,758,000 after purchasing an additional 1,574 shares during the period. Sivia Capital Partners LLC purchased a new position in Ulta Beauty during the 2nd quarter worth $466,000. Jump Financial LLC bought a new stake in Ulta Beauty during the 2nd quarter valued at $1,196,000. Finally, Daiwa Securities Group Inc. raised its position in Ulta Beauty by 0.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer's stock valued at $3,497,000 after purchasing an additional 70 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

More Ulta Beauty News

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

• Positive Sentiment: UBS reiterated a Buy rating and maintained a $735 price target, citing durable growth prospects. Canaccord Genuity also reiterated its Buy rating and kept a $731 target, pointing to the company’s “Ulta Beauty Unleashed” strategy. These targets imply substantial potential upside from recent trading levels. UBS Ulta Beauty Buy Rating Article Canaccord Genuity Ulta Beauty Buy Rating Article
• Positive Sentiment: Analysts expect Ulta’s second-quarter revenue and earnings to grow, supported by resilient beauty demand, digital gains and the Space NK business. The company’s prior quarter also exceeded consensus estimates, with revenue up 11.1% year over year and EPS of $7.74 versus the $6.89 estimate. Ulta Beauty Q2 Earnings Preview
• Positive Sentiment: GuruFocus’s valuation analysis characterized ULTA as undervalued following its recent rally, potentially attracting investors who believe the shares still have room to recover toward historical highs. GuruFocus Ulta Beauty Valuation Article
• Positive Sentiment: Ulta filed plans for a new store in Huber Heights, Ohio, signaling ongoing physical expansion and potential future sales growth. Ulta Beauty Huber Heights Store Article
• Neutral Sentiment: Options-market activity suggests traders are positioning for a potentially significant move in ULTA, though the direction is uncertain and the activity may increase volatility rather than establish a clear bullish signal. Ulta Beauty Options Activity Article
• Negative Sentiment: Despite the upbeat earnings outlook, analysts note possible margin pressure, making profitability and guidance important risks when Ulta reports results.

Analysts Set New Price Targets

A number of analysts recently weighed in on ULTA shares. JPMorgan Chase & Co. lowered their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating for the company in a research note on Wednesday, June 3rd. Evercore set a $635.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. William Blair reissued a "market perform" rating on shares of Ulta Beauty in a report on Friday. Finally, Robert W. Baird lowered their target price on Ulta Beauty from $730.00 to $700.00 and set an "outperform" rating for the company in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $638.09.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company's stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Ulta Beauty Trading Up 3.3%

Shares of ULTA opened at $538.76 on Tuesday. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The stock has a fifty day moving average price of $491.33 and a 200-day moving average price of $537.86. The firm has a market cap of $23.16 billion, a PE ratio of 20.20, a P/E/G ratio of 1.63 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the company posted $6.70 EPS. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, research analysts forecast that Ulta Beauty Inc. will post 28.76 EPS for the current year.

Ulta Beauty 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source