First National Bank of Omaha Makes New $2.94 Million Investment in Ulta Beauty Inc. $ULTA

Key Points

• First National Bank of Omaha purchased 6,405 Ulta Beauty shares worth approximately $2.94 million in the second quarter. Institutional investors collectively own 90.39% of the company.
• Ulta reported quarterly earnings of $7.74 per share, surpassing the $6.89 consensus estimate, while revenue rose 11.1% year over year to $3.16 billion.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $638.09, despite several firms recently lowering their targets; shares recently opened at $516.74.

First National Bank of Omaha purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 6,405 shares of the specialty retailer's stock, valued at approximately $2,941,000.

Several other institutional investors also recently made changes to their positions in the stock. Focus Partners Wealth grew its position in Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer's stock valued at $1,372,000 after acquiring an additional 2,615 shares during the period. Intech Investment Management LLC raised its holdings in shares of Ulta Beauty by 48.9% in the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer's stock worth $1,758,000 after purchasing an additional 1,574 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Ulta Beauty in the 2nd quarter worth about $466,000. Jump Financial LLC acquired a new position in shares of Ulta Beauty in the 2nd quarter valued at about $1,196,000. Finally, Daiwa Securities Group Inc. lifted its stake in shares of Ulta Beauty by 0.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer's stock valued at $3,497,000 after purchasing an additional 70 shares in the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $516.74 on Wednesday. The company has a market cap of $22.21 billion, a P/E ratio of 19.38, a PEG ratio of 1.59 and a beta of 0.87. Ulta Beauty Inc. has a one year low of $443.60 and a one year high of $714.97. The business's 50-day simple moving average is $487.00 and its 200 day simple moving average is $541.49.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the company posted $6.70 EPS. Ulta Beauty'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. Analysts predict that Ulta Beauty Inc. will post 28.78 earnings per share for the current year.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Ulta is launching hair-wellness brand Nutrire exclusively on Ulta.com before expanding the brand to 250 U.S. stores. Skincare brand Dr. Reju-All is also making its nationwide retail debut through Ulta. The launches broaden the retailer’s product assortment and support its strategy of discovering and scaling emerging beauty brands through the Sparked program. Ulta Beauty Adds Exclusive Brand Launch And 250 Store Rollout
• Positive Sentiment: Ulta appointed Brieane Olson, chief executive officer of Pacsun, as an independent director. Her retail and consumer-brand experience could add strategic perspective as Ulta works to sustain growth and strengthen its board. Ulta Beauty Appoints Brieane Olson to Its Board of Directors
• Positive Sentiment: Recent coverage characterized ULTA as a strong value stock, which may have attracted bargain-oriented investors following the recent pullback. The company’s latest reported quarter also showed earnings and revenue above consensus expectations, with revenue up 11.1% year over year.

Analysts Set New Price Targets

ULTA has been the subject of a number of research analyst reports. Wells Fargo & Company dropped their target price 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. TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. JPMorgan Chase & Co. decreased their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating for the company in a research note on Wednesday, June 3rd. Piper Sandler dropped their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an "overweight" rating for the company in a research report on Wednesday, June 3rd. Finally, DA Davidson cut their target price on shares of Ulta Beauty from $650.00 to $585.00 and set a "buy" rating on the stock in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $638.09.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company's 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 completion of the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.20% of the company's stock.

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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