Burney Co. Grows Stake in Ulta Beauty Inc. $ULTA

Key Points

• Burney Co. increased its stake in Ulta Beauty by 15.9% in Q4, buying an additional 2,466 shares to hold 18,016 shares worth about $10.9 million.
• Ulta slightly beat quarterly estimates with EPS $8.01 (vs. $7.93) and revenue of $3.90B, and set FY2026 guidance at 28.050–28.550 EPS; analysts' consensus is a "Moderate Buy" with a target of $674.23.
• Institutional investors and hedge funds own 90.39% of Ulta's shares, while insiders hold just 0.17% and a director recently sold 452 shares (~15.9% reduction in his holding).

Burney Co. increased its stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 15.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,016 shares of the specialty retailer's stock after acquiring an additional 2,466 shares during the period. Burney Co.'s holdings in Ulta Beauty were worth $10,900,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ULTA. Harbor Capital Advisors Inc. purchased a new position in Ulta Beauty in the third quarter worth about $25,000. Grey Fox Wealth Advisors LLC purchased a new position in Ulta Beauty in the third quarter worth about $31,000. Abich Financial Wealth Management LLC purchased a new position in Ulta Beauty in the third quarter worth about $31,000. BOKF NA purchased a new position in Ulta Beauty in the third quarter worth about $31,000. Finally, Steigerwald Gordon & Koch Inc. grew its position in Ulta Beauty by 2,550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer's stock worth $32,000 after acquiring an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company's stock.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $520.38 on Friday. The company has a market cap of $22.76 billion, a P/E ratio of 20.30, a PEG ratio of 1.91 and a beta of 0.95. Ulta Beauty Inc. has a 1 year low of $347.48 and a 1 year high of $714.97. The firm has a 50-day simple moving average of $612.00 and a two-hundred day simple moving average of $587.95.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The business had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the firm earned $8.46 earnings per share. The firm's quarterly revenue was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities research analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director owned 2,383 shares of the company's stock, valued at approximately $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.17% of the company's stock.

Wall Street Analyst Weigh In

Several research firms recently commented on ULTA. Weiss Ratings reiterated a "hold (c)" rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. Barclays raised their price objective on shares of Ulta Beauty from $680.00 to $712.00 and gave the stock an "overweight" rating in a research note on Monday, March 9th. Canaccord Genuity Group raised their price objective on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a "buy" rating in a research note on Tuesday, March 10th. Morgan Stanley decreased their price objective on shares of Ulta Beauty from $750.00 to $700.00 and set an "overweight" rating for the company in a research note on Friday, March 13th. Finally, William Blair reissued a "market perform" rating on shares of Ulta Beauty in a research note on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, Ulta Beauty presently has an average rating of "Moderate Buy" and a consensus target price of $674.23.

Ulta Beauty 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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