1,590 Shares in Ulta Beauty Inc. $ULTA Bought by Nippon Life Global Investors Americas Inc.

Key Points

• Nippon Life Global Investors Americas purchased 1,590 Ulta Beauty shares worth approximately $868,000 in the third quarter. Institutional investors collectively own 90.39% of the company.
• Ulta Beauty exceeded quarterly expectations, reporting $6.55 in adjusted earnings per share and $3.04 billion in revenue, with revenue up 8.9% year over year. The company guided to fiscal 2026 earnings of $28.70–$29.00 per share.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $631.30, while CEO Kecia Steelman and director Lorna Nagler recently sold shares.

Nippon Life Global Investors Americas Inc. bought a new stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,590 shares of the specialty retailer's stock, valued at approximately $868,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC increased its stake in Ulta Beauty by 512,509.0% in the third quarter. International Assets Investment Management LLC now owns 6,464,000 shares of the specialty retailer's stock valued at $3,530,443,000 after purchasing an additional 6,462,739 shares in the last quarter. BlackRock Inc. bought a new position in shares of Ulta Beauty during the 2nd quarter worth about $1,815,712,000. Bank of America Corp DE acquired a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $260,192,000. Legal & General Group Plc acquired a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $161,600,000. Finally, Deutsche Bank AG bought a new stake in Ulta Beauty in the 2nd quarter valued at about $124,784,000. Institutional investors and hedge funds own 90.39% of the company's stock.

Insider Activity

In other news, Director Lorna Nagler sold 600 shares of the firm's stock in a transaction on Friday, September 11th. The shares were sold at an average price of $537.31, for a total transaction of $322,386.00. Following the sale, the director owned 7,168 shares in the company, valued at approximately $3,851,438.08. This trade represents a 7.72% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kecia Steelman sold 2,000 shares of Ulta Beauty stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the sale, the chief executive officer directly owned 40,489 shares of the company's stock, valued at $22,102,135.32. This represents a 4.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is currently owned by insiders.

Ulta Beauty Price Performance

Shares of ULTA opened at $640.43 on Monday. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The stock's fifty day moving average price is $564.84 and its two-hundred day moving average price is $554.29. The firm has a market cap of $27.38 billion, a PE ratio of 23.34, a PEG ratio of 1.91 and a beta of 0.83.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts' consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the business earned $5.78 earnings per share. The company's quarterly revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Sell-side analysts anticipate that Ulta Beauty Inc. will post 28.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group set a $631.00 target price on shares of Ulta Beauty in a research report on Friday, August 28th. Guggenheim started coverage on shares of Ulta Beauty in a research report on Tuesday, September 15th. They issued a "buy" rating on the stock. William Blair reiterated a "market perform" rating on shares of Ulta Beauty in a research note on Friday, August 21st. Citigroup lowered Ulta Beauty from a "neutral" rating to a "market perform" rating in a report on Tuesday, September 15th. Finally, TD Cowen initiated coverage on Ulta Beauty in a research note on Friday. They issued a "strong-buy" rating for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat, Ulta Beauty currently has a consensus rating of "Moderate Buy" and an average target price of $631.30.

About Ulta Beauty

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty's private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.

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