Capstone Investment Advisors LLC Acquires New Position in Ulta Beauty Inc. $ULTA

Capstone Investment Advisors LLC bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 5,128 shares of the specialty retailer's stock, valued at approximately $2,313,000.

Other hedge funds have also bought and sold shares of the company. BlackRock Inc. acquired a new stake in shares of Ulta Beauty during the second quarter worth $1,815,712,000. State Street Corp increased its position in shares of Ulta Beauty by 2.5% in the 4th quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer's stock valued at $1,225,487,000 after acquiring an additional 50,305 shares during the period. Diamant Asset Management Inc. raised its stake in Ulta Beauty by 52,171.0% in the 1st quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer's stock worth $77,050,000 after acquiring an additional 1,471,222 shares during the last quarter. Geode Capital Management LLC raised its stake in Ulta Beauty by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer's stock worth $747,587,000 after acquiring an additional 21,947 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. lifted its position in Ulta Beauty by 0.3% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 974,223 shares of the specialty retailer's stock worth $589,415,000 after acquiring an additional 2,463 shares during the period. Institutional investors and hedge funds own 90.39% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Barclays lowered their price target on shares of Ulta Beauty from $712.00 to $647.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Citigroup decreased their price objective on Ulta Beauty from $600.00 to $560.00 and set a "neutral" rating for the company in a report on Thursday, June 4th. Loop Capital restated a "hold" rating and issued a $550.00 target price on shares of Ulta Beauty in a research note on Wednesday, June 3rd. TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a report on Tuesday, July 21st. Finally, Canaccord Genuity Group reduced their price target on 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 assigned a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $636.41.

Ulta Beauty News Summary

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 Stock Down 0.6%

NASDAQ:ULTA opened at $540.10 on Friday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The stock has a market capitalization of $23.22 billion, a PE ratio of 20.25, a price-to-earnings-growth ratio of 1.69 and a beta of 0.87. The stock'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 released its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts' consensus estimates of $6.20 by $0.35. The company had revenue of $3.04 billion during the quarter, compared to analysts' expectations of $2.99 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.Ulta Beauty's quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Sell-side analysts expect that Ulta Beauty Inc. will post 28.77 earnings per share for the current fiscal year.

Insider Activity at Ulta Beauty

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

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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