Glenview Trust Co acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 3,904 shares of the specialty retailer's stock, valued at approximately $1,761,000.
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Empowered Funds LLC acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $9,776,000. United Capital Financial Advisors LLC acquired a new position in Ulta Beauty in the 2nd quarter valued at about $1,298,000. Lifetime Wealth Management P.C. bought a new stake in Ulta Beauty in the 2nd quarter valued at $1,850,000. Caitlin John LLC acquired a new position in shares of Ulta Beauty in the second quarter valued at about $874,000. Finally, Equitable Holdings Inc. acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $539,000. Institutional investors and hedge funds own 90.39% of the company's stock.
Insider Transactions at Ulta Beauty
In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction that occurred 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 $1,143,919.36. This represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is owned by corporate insiders.
Ulta Beauty Price Performance
NASDAQ:ULTA opened at $517.50 on Friday. The company has a market capitalization of $22.25 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.65 and a beta of 0.87. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The business has a fifty day simple moving average of $497.56 and a two-hundred day simple moving average of $534.74.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.28%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the firm posted $5.78 earnings per share. The company's quarterly revenue was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, analysts anticipate that Ulta Beauty Inc. will post 28.77 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms have recently issued reports on ULTA. Jefferies Financial Group reissued a "buy" rating and set a $650.00 target price on shares of Ulta Beauty in a report on Friday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Ulta Beauty from $692.00 to $695.00 and gave the stock a "buy" rating in a report on Tuesday. The Goldman Sachs Group upped their price objective on shares of Ulta Beauty from $648.00 to $667.00 and gave the company a "buy" rating in a research note on Friday. DA Davidson increased their price target on Ulta Beauty from $585.00 to $625.00 and gave the stock a "buy" rating in a report on Friday. Finally, Weiss Ratings cut Ulta Beauty from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $626.59.
Read Our Latest Analysis on Ulta Beauty
Trending Headlines about Ulta Beauty
Here are the key news stories impacting Ulta Beauty this week:
- Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
- Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
- Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
- Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition
Ulta Beauty 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.
Further Reading
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