Avalon Trust Co Acquires New Holdings in Ulta Beauty Inc. $ULTA

Avalon Trust Co bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 2,743 shares of the specialty retailer's stock, valued at approximately $1,237,000.

Other large investors have also added to or reduced their stakes in the company. Optimize Financial Inc lifted its holdings in shares of Ulta Beauty by 1.4% during the 4th quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer's stock valued at $711,000 after buying an additional 16 shares during the period. Legacy Advisors LLC grew its stake in shares of Ulta Beauty by 1.2% during the 4th quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer's stock valued at $934,000 after purchasing an additional 18 shares during the period. Root Financial Partners LLC grew its stake in shares of Ulta Beauty by 12.1% during the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer's stock valued at $87,000 after purchasing an additional 18 shares during the period. Roberts Glore & Co. Inc. IL increased its position in shares of Ulta Beauty by 5.3% during the 4th quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer's stock valued at $238,000 after purchasing an additional 20 shares during the last quarter. Finally, Allworth Financial LP increased its position in shares of Ulta Beauty by 3.9% during the 4th quarter. Allworth Financial LP now owns 555 shares of the specialty retailer's stock valued at $336,000 after purchasing an additional 21 shares during the last quarter. Institutional investors own 90.39% of the company's stock.

Insider Transactions at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated Monday, June 15th. The stock was 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.20% of the company's stock.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $510.75 on Friday. The firm has a fifty day moving average price of $485.61 and a 200-day moving average price of $544.28. The stock has a market cap of $21.96 billion, a PE ratio of 19.15, a price-to-earnings-growth ratio of 1.59 and a beta of 0.87. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating the consensus estimate of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same period last year, the firm earned $6.70 EPS. The company's revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, research analysts expect that Ulta Beauty Inc. will post 28.78 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts recently issued reports on ULTA shares. Piper Sandler dropped their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Canaccord Genuity Group reduced their target price 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. Wells Fargo & Company dropped their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an "underweight" rating on the stock in a research note on Wednesday, June 3rd. Wedbush began coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They set an "outperform" rating for the company. Finally, B. Riley Financial cut their price objective on shares of Ulta Beauty from $600.00 to $500.00 and set a "neutral" 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 given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $638.09.

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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