20,615 Shares in Ulta Beauty Inc. $ULTA Purchased by Danske Bank A S

Key Points

• Danske Bank acquired 20,615 Ulta Beauty shares during the second quarter, valued at approximately $9.3 million. Institutional investors and hedge funds collectively own 90.39% of the company.
• Ulta reported quarterly EPS of $7.74, beating estimates of $6.89, while revenue rose 11.1% year over year to $3.16 billion. The company provided fiscal 2026 EPS guidance of $28.36 to $28.80.
• Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $638.09, despite some recent target-price reductions and a director’s stock sale.

Danske Bank A S purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 20,615 shares of the specialty retailer's stock, valued at approximately $9,297,000.

Several other hedge funds have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Ulta Beauty by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer's stock worth $3,253,047,000 after purchasing an additional 23,434 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Ulta Beauty in the second quarter valued at $1,815,712,000. State Street Corp increased its stake in shares of Ulta Beauty by 2.5% in the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer's stock valued at $1,225,487,000 after buying an additional 50,305 shares in the last quarter. Diamant Asset Management Inc. raised its holdings in shares of Ulta Beauty by 52,171.0% in the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer's stock valued at $77,050,000 after buying an additional 1,471,222 shares during the last quarter. Finally, Geode Capital Management LLC raised its holdings in shares of Ulta Beauty by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer's stock valued at $747,587,000 after buying an additional 21,947 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Saudi Arabia offers a new growth opportunity. Reports highlighted Ulta Beauty’s debut in Saudi Arabia, where a young, digitally engaged population and rapidly expanding beauty market could support long-term international sales growth. Saudi Arabia's beauty market booms: Ulta Beauty debuts Saudi Arabia’s Beauty Market Booms With Young, Trend-savvy Consumers
• Positive Sentiment: New skincare deal could strengthen Ulta’s assortment. Australian entrepreneur Indianna Roehrich reportedly signed an agreement with Ulta for her Digital-era skincare brand, adding potentially differentiated products and supporting the retailer’s focus on emerging beauty brands. Australian entrepreneur Indianna Roehrich signs deal with Ulta Beauty
• Positive Sentiment: Analysts continue to emphasize earnings potential. Zacks articles pointed to expected earnings growth and potential for an earnings beat, while its Focus List described ULTA as attractive for long-term investors. These views complement the company’s latest earnings beat and fiscal 2026 EPS outlook. Why Ulta Beauty is a Top Stock for the Long-Term
• Neutral Sentiment: Upcoming earnings are a near-term catalyst. Coverage expects investors to focus on whether Ulta can sustain sales and profit growth in its next quarterly report. Ulta Beauty Earnings Expected to Grow
• Negative Sentiment: The Target partnership has ended. Target’s finalized separation from Ulta removes the retailer’s shop-in-shop presence and associated customer reach, although the effect may be partly offset by Ulta’s standalone stores and other expansion efforts. Target finalizes divorce from Ulta

Ulta Beauty Stock Up 1.2%

ULTA opened at $521.46 on Friday. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company has a fifty day simple moving average of $489.99 and a 200 day simple moving average of $539.70. The stock has a market cap of $22.42 billion, a P/E ratio of 19.55, a P/E/G ratio of 1.61 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 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last year, the company posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities research analysts expect that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Canaccord Genuity Group dropped their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a "buy" rating for the company 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 target for the company in a report on Tuesday, May 5th. The Goldman Sachs Group dropped their price objective on shares of Ulta Beauty from $741.00 to $652.00 and set a "buy" rating for the company in a research report on Wednesday, June 3rd. Weiss Ratings downgraded Ulta Beauty from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, June 3rd. Finally, Loop Capital reiterated a "hold" rating and issued a $550.00 price objective on shares of Ulta Beauty 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $638.09.

Insider Buying and Selling at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the firm's stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value 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. This trade represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is owned by 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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