22,207 Shares in Ulta Beauty Inc. $ULTA Bought by Aware Super Pty Ltd as trustee of Aware Super

Key Points

• Aware Super opened a new position in Ulta Beauty, buying 22,207 shares worth about $11.6 million in the first quarter, according to its latest 13F filing.
• Other institutional investors have also been active in ULTA, and hedge funds and institutions now own 90.39% of the company’s stock.
• Ulta recently reported strong quarterly results, with EPS of $7.74 beating estimates and revenue rising 11.1% year over year, while analysts still maintain a Moderate Buy consensus despite several lower price targets.

Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 22,207 shares of the specialty retailer's stock, valued at approximately $11,608,000. Aware Super Pty Ltd as trustee of Aware Super owned approximately 0.05% of Ulta Beauty as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of ULTA. Norges Bank purchased a new position in Ulta Beauty in the 4th quarter valued at $430,963,000. Oliver Luxxe Assets LLC acquired a new stake in shares of Ulta Beauty during the 4th quarter valued at approximately $8,009,000. Atria Investments Inc raised its holdings in Ulta Beauty by 42.7% during the fourth quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer's stock worth $4,233,000 after purchasing an additional 2,093 shares during the last quarter. SG Americas Securities LLC boosted its position in shares of Ulta Beauty by 222.7% in the 4th quarter. SG Americas Securities LLC now owns 23,163 shares of the specialty retailer's stock worth $14,014,000 after buying an additional 15,985 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in shares of Ulta Beauty by 27.6% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 271,671 shares of the specialty retailer's stock valued at $164,364,000 after purchasing an additional 58,719 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.

Insider Activity

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction that occurred 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 completion of the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Canaccord Genuity Group decreased their price objective on Ulta Beauty from $799.00 to $731.00 and set a "buy" rating on the stock in a research note on Wednesday, June 3rd. Robert W. Baird cut their target price on Ulta Beauty from $730.00 to $700.00 and set an "outperform" rating on the stock in a research report on Wednesday, June 3rd. UBS Group lowered their price target on Ulta Beauty from $810.00 to $735.00 and set a "buy" rating for the company in a report on Wednesday, June 3rd. Argus set a $550.00 price target on shares of Ulta Beauty in a report on Thursday, June 18th. Finally, Morgan Stanley dropped their price objective on Ulta Beauty from $700.00 to $630.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $638.09.

Ulta Beauty Stock Up 0.1%

NASDAQ:ULTA opened at $479.57 on Friday. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97. The stock has a fifty day simple moving average of $478.32 and a 200 day simple moving average of $563.21. The firm has a market capitalization of $20.62 billion, a price-to-earnings ratio of 17.98, a price-to-earnings-growth ratio of 1.49 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.89 by $0.85. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the business earned $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current 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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