4,102 Shares in Ulta Beauty Inc. $ULTA Bought by Lifetime Wealth Management P.C.

Key Points

• Lifetime Wealth Management acquired 4,102 Ulta Beauty shares worth approximately $1.85 million in the second quarter, making Ulta 1.1% of its portfolio. Institutional investors collectively own 90.39% of the company.
• Ulta reported quarterly EPS of $6.55 and revenue of $3.04 billion, surpassing analyst estimates, while revenue grew 8.9% year over year. The company raised fiscal 2026 guidance to $28.70–$29.00 in EPS.
• Analysts maintain a generally positive outlook, with a consensus rating of “Moderate Buy” and an average price target of $631.86, although several firms recently lowered their targets.

Lifetime Wealth Management P.C. acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,102 shares of the specialty retailer's stock, valued at approximately $1,850,000. Ulta Beauty comprises about 1.1% of Lifetime Wealth Management P.C.'s portfolio, making the stock its 24th biggest position.

A number of other hedge funds have also bought and sold shares of the business. Norges Bank bought a new position in Ulta Beauty in the fourth quarter worth about $430,963,000. Atria Investments Inc grew its stake in shares of Ulta Beauty by 42.7% in the 4th quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer's stock worth $4,233,000 after buying an additional 2,093 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Ulta Beauty by 97.3% in the 1st quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer's stock worth $18,681,000 after buying an additional 17,625 shares during the last quarter. National Pension Service increased its position in Ulta Beauty by 2,704.0% during the 4th quarter. National Pension Service now owns 79,465 shares of the specialty retailer's stock valued at $48,077,000 after buying an additional 76,631 shares in the last quarter. Finally, Oxbow Advisors LLC bought a new position in shares of Ulta Beauty during the first quarter valued at $3,024,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of Ulta Beauty from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday, June 3rd. Citigroup decreased their price objective on shares of Ulta Beauty from $600.00 to $560.00 and set a "neutral" rating for the company in a report on Thursday, June 4th. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. dropped their target price on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Finally, Canaccord Genuity Group cut 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 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 given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $631.86.

Ulta Beauty Trading Down 0.6%

NASDAQ ULTA opened at $540.10 on Friday. The stock has a market cap of $23.22 billion, a PE ratio of 20.25, a PEG ratio of 1.69 and a beta of 0.87. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company's 50-day moving average price is $496.33 and its 200-day moving average price is $534.86.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping the consensus estimate of $6.20 by $0.35. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The firm's revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the previous year, the business earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, sell-side analysts forecast that Ulta Beauty Inc. will post 28.77 earnings per share for the current year.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.20% of the stock is currently owned by insiders.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Ulta reported quarterly EPS of $6.55, up 13.3% year over year and ahead of estimates near $6.20-$6.21. Revenue increased 8.9% to approximately $3.0 billion-$3.04 billion, also exceeding expectations. Ulta Beauty raises annual forecast after quarterly profit beats estimates
• Positive Sentiment: Management raised fiscal 2026 guidance to $28.70-$29.00 in EPS, from $28.36-$28.80 previously, and projected revenue of $13.2-$13.3 billion. The new outlook is above consensus expectations and signals confidence in continued sales and profit growth. Ulta Beauty Raises Forecast as Sales Grow
• Positive Sentiment: Profitability and cash generation improved: operating profit rose 10.1% to $379.6 million, while operating cash flow increased 24% to $119.7 million. International expansion and new initiatives were also cited as growth drivers. Ulta Beauty Beats Wall Street Expectations, Raises Full-year Forecasts
• Neutral Sentiment: Ulta expanded its product assortment and appointed retail executive Brieane L. Olson as an independent director, developments that may support merchandising and governance over the longer term.
• Negative Sentiment: Target is developing its own upscale beauty concept after ending its Ulta partnership, potentially increasing competition for prestige beauty shoppers. Recent insider activity also included sales rather than purchases, though these signals are less significant than the earnings beat and raised guidance. Target Launches Beauty Space

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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