Commerce Bank Acquires Shares of 3,236 Ulta Beauty Inc. $ULTA

Commerce Bank acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 3,236 shares of the specialty retailer's stock, valued at approximately $1,459,000.

Other institutional investors also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in shares of Ulta Beauty in the fourth quarter valued at $25,000. Strengthening Families & Communities LLC raised its holdings in shares of Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer's stock worth $26,000 after acquiring an additional 42 shares during the last quarter. Hilton Head Capital Partners LLC raised its holdings in shares of Ulta Beauty by 860.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer's stock worth $25,000 after acquiring an additional 43 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new position in Ulta Beauty in the 4th quarter valued at about $30,000. Finally, Virtus Advisers LLC acquired a new position in Ulta Beauty during the 4th quarter valued at about $33,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Trading Down 0.3%

Shares of ULTA opened at $537.22 on Wednesday. The company has a market capitalization of $23.10 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 1.68 and a beta of 0.87. The stock has a 50 day moving average of $492.80 and a 200 day moving average of $536.87. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business had revenue of $3.16 billion for the quarter, compared to analysts' expectations of $3.12 billion. During the same quarter in the previous year, the firm earned $6.70 earnings per share. The business'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. As a group, equities research analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ULTA shares. Weiss Ratings downgraded Ulta Beauty from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, June 3rd. Bank of America upgraded Ulta Beauty from a "neutral" rating to a "buy" rating and set a $685.00 price target for the company in a report on Tuesday, May 5th. UBS Group reissued a "buy" rating on shares of Ulta Beauty in a research report on Monday. Wells Fargo & Company dropped their price objective on Ulta Beauty from $475.00 to $450.00 and set an "underweight" rating on the stock in a research note on Wednesday, June 3rd. Finally, Piper Sandler cut 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. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Ulta Beauty has an average rating of "Moderate Buy" and a consensus target price of $636.41.

More Ulta Beauty News

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

• Positive Sentiment: Deutsche Bank expects Ulta Beauty’s fiscal second-quarter same-store sales growth to exceed consensus estimates, raising expectations for a potential earnings and revenue beat. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat, Deutsche Bank Says
• Positive Sentiment: Analysts continue to support the stock, with UBS maintaining a Buy rating and a $735 price target, while Canaccord Genuity reiterated its Buy rating and $731 target. Their views cite durable growth and the company’s Ulta Beauty Unleashed strategy. UBS Ulta Beauty Rating Canaccord Genuity Ulta Beauty Rating
• Positive Sentiment: Ulta Beauty’s nationwide agreement with Chinese beauty brand Proya should broaden its product assortment and support international brand exposure. The company also filed plans for another store in Huber Heights, Ohio, indicating continued physical expansion. Proya Ulta Beauty Agreement Ulta Beauty Huber Heights Location
• Neutral Sentiment: Options activity suggests traders are positioning for a potentially significant move, but the available report does not establish whether those bets are bullish or bearish. Reported short-interest data showed zero shares and an anomalous “NaN” change, making it unreliable as a trading signal. Ulta Beauty Options Activity
• Negative Sentiment: Although analysts expect second-quarter sales and EPS growth, previews also highlight potential margin pressure. That uncertainty, along with profit-taking after the recent rally, may be limiting the stock’s response to favorable news. Ulta’s latest reported quarter showed an EPS and revenue beat, with revenue up 11.1% year over year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty 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 sale, the director 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 legal filing with the SEC, which is accessible through this link. Company insiders own 0.20% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source