Daiichi Life Insurance Co. Ltd. purchased a new position in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,918 shares of the specialty retailer's stock, valued at approximately $865,000.
Other hedge funds also recently modified their holdings of the company. Commerce Bank acquired a new stake in shares of Ulta Beauty during the second quarter worth about $1,459,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Ulta Beauty in the 2nd quarter valued at approximately $879,000. Quantbot Technologies LP acquired a new position in shares of Ulta Beauty in the 2nd quarter valued at approximately $295,000. Evolve Private Wealth LLC bought a new stake in Ulta Beauty during the 2nd quarter worth approximately $580,000. Finally, Westpac Banking Corp bought a new stake in Ulta Beauty during the 2nd quarter worth approximately $4,402,000. Institutional investors and hedge funds own 90.39% of the company's stock.
Ulta Beauty Stock Up 3.3%
Shares of ULTA opened at $538.76 on Tuesday. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The stock has a market capitalization of $23.16 billion, a P/E ratio of 20.20, a P/E/G ratio of 1.63 and a beta of 0.87. The company has a 50 day moving average of $491.33 and a 200-day moving average of $537.86.
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, topping analysts' consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the previous year, the firm posted $6.70 earnings per share. The firm's revenue for the quarter 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, sell-side analysts anticipate that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.
Key Ulta Beauty News
Here are the key news stories impacting Ulta Beauty this week:
- Positive Sentiment: UBS reiterated a Buy rating and maintained a $735 price target, citing durable growth prospects. Canaccord Genuity also reiterated its Buy rating and kept a $731 target, pointing to the company’s “Ulta Beauty Unleashed” strategy. These targets imply substantial potential upside from recent trading levels. UBS Ulta Beauty Buy Rating Article Canaccord Genuity Ulta Beauty Buy Rating Article
- Positive Sentiment: Analysts expect Ulta’s second-quarter revenue and earnings to grow, supported by resilient beauty demand, digital gains and the Space NK business. The company’s prior quarter also exceeded consensus estimates, with revenue up 11.1% year over year and EPS of $7.74 versus the $6.89 estimate. Ulta Beauty Q2 Earnings Preview
- Positive Sentiment: GuruFocus’s valuation analysis characterized ULTA as undervalued following its recent rally, potentially attracting investors who believe the shares still have room to recover toward historical highs. GuruFocus Ulta Beauty Valuation Article
- Positive Sentiment: Ulta filed plans for a new store in Huber Heights, Ohio, signaling ongoing physical expansion and potential future sales growth. Ulta Beauty Huber Heights Store Article
- Neutral Sentiment: Options-market activity suggests traders are positioning for a potentially significant move in ULTA, though the direction is uncertain and the activity may increase volatility rather than establish a clear bullish signal. Ulta Beauty Options Activity Article
- Negative Sentiment: Despite the upbeat earnings outlook, analysts note possible margin pressure, making profitability and guidance important risks when Ulta reports results.
Analysts Set New Price Targets
A number of research analysts have weighed in on ULTA shares. Morgan Stanley cut their price target on shares of Ulta Beauty from $700.00 to $630.00 and set an "overweight" rating on the stock in a research note on Wednesday, June 3rd. Wells Fargo & Company lowered their price objective on shares of Ulta Beauty from $475.00 to $450.00 and set an "underweight" rating for the company in a research report on Wednesday, June 3rd. DA Davidson dropped their price objective on shares of Ulta Beauty from $650.00 to $585.00 and set a "buy" rating on the stock in a report on Wednesday, June 3rd. JPMorgan Chase & Co. cut their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 3rd. Finally, TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. 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. Based on data from MarketBeat.com, Ulta Beauty has an average rating of "Moderate Buy" and an average target price of $638.09.
Check Out Our Latest Stock Analysis on ULTA
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 on 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 directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.20% of the company's stock.
Ulta Beauty Company Profile
(
Free Report)
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.
Featured Articles
Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty Inc. (NASDAQ:ULTA - Free Report).
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.
Before you consider Ulta Beauty, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Ulta Beauty wasn't on the list.
While Ulta Beauty currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead.
This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
