Allianz Asset Management GmbH Buys 11,362 Shares of Ulta Beauty Inc. $ULTA

Allianz Asset Management GmbH lifted its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 9.3% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 133,471 shares of the specialty retailer's stock after acquiring an additional 11,362 shares during the period. Allianz Asset Management GmbH owned 0.31% of Ulta Beauty worth $66,668,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of ULTA. Focus Partners Wealth boosted its holdings in Ulta Beauty by 231.6% in the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer's stock worth $1,372,000 after acquiring an additional 2,615 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Ulta Beauty by 48.9% during 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Ulta Beauty during the second quarter worth approximately $466,000. Jump Financial LLC bought a new position in shares of Ulta Beauty in the 2nd quarter worth $1,196,000. Finally, Daiwa Securities Group Inc. lifted its holdings in shares of Ulta Beauty by 0.9% in the 2nd 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 in the last quarter. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ULTA has been the subject of a number of recent research reports. Raymond James Financial restated a "strong-buy" rating and set a $700.00 price target on shares of Ulta Beauty in a research note on Friday, August 28th. TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Canaccord Genuity Group reduced their price objective on shares of Ulta Beauty from $799.00 to $731.00 and set a "buy" rating for the company in a report on Wednesday, June 3rd. Argus set a $550.00 target price on shares of Ulta Beauty in a report on Thursday, June 18th. Finally, Loop Capital reaffirmed a "hold" rating and issued a $550.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Ulta Beauty presently has an average rating of "Moderate Buy" and a consensus price target of $626.59.

Ulta Beauty Price Performance

NASDAQ ULTA opened at $564.12 on Tuesday. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The firm has a market cap of $24.12 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 1.69 and a beta of 0.85. The company has a fifty day moving average price of $507.23 and a 200-day moving average price of $528.09.

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, beating the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the company posted $5.78 earnings per share. The firm's revenue for the quarter was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts anticipate that Ulta Beauty Inc. will post 28.93 EPS for the current fiscal year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction dated 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 owned 2,404 shares in the company, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.20% of the company's stock.

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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