18,429 Shares in Ulta Beauty Inc. $ULTA Purchased by Beacon Pointe Advisors LLC

Key Points

• Beacon Pointe Advisors acquired 18,429 Ulta Beauty shares worth approximately $8.3 million, while institutional investors collectively own 90.39% of the company.
• Ulta’s latest quarter exceeded expectations, with $6.55 EPS and $3.04 billion in revenue, up 8.9% year over year. The company raised fiscal 2026 EPS guidance to $28.70–$29.00 and increased planned share repurchases to $1.8 billion.
• Analysts remain broadly positive, giving Ulta a “Moderate Buy” consensus and an average price target of $626.59, though concerns include potentially weaker third-quarter comparable sales and increasing competition from Target’s beauty expansion.

Beacon Pointe Advisors LLC acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,429 shares of the specialty retailer's stock, valued at approximately $8,311,000.

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

Ulta Beauty Stock Performance

Shares of ULTA opened at $517.50 on Friday. The stock has a 50 day simple moving average of $497.56 and a 200 day simple moving average of $534.74. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The firm has a market capitalization of $22.25 billion, a PE ratio of 18.86, a P/E/G ratio of 1.65 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.28%. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the company posted $5.78 EPS. The business'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. Equities research analysts predict that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on ULTA shares. Loop Capital restated a "hold" rating and set a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Argus set a $550.00 price target on shares of Ulta Beauty in a research report on Thursday, June 18th. TD Cowen reissued a "buy" rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Barclays cut their price objective on shares of Ulta Beauty from $647.00 to $645.00 and set an "overweight" rating on the stock in a report on Friday. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating on the stock in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $626.59.

Key Ulta Beauty News

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

• Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
• Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
• Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
• Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition

Insider Activity

In related 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 value of $182,246.72. Following the sale, the director directly owned 2,404 shares of the company's stock, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by corporate insiders.

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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