Headlands Technologies LLC Acquires New Position in Ulta Beauty Inc. $ULTA

Key Points

• Headlands Technologies acquired 1,899 Ulta Beauty shares in the second quarter, valued at approximately $856,000. Institutional investors collectively own 90.39% of the company.
• Ulta Beauty reported quarterly EPS of $6.55, exceeding estimates of $6.22, while revenue rose 8.9% year over year to $3.04 billion. The company guided to fiscal 2026 EPS of $28.70–$29.00.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $626.59, compared with the stock’s reported price of $545.66; targets range from $450 to $695.

Headlands Technologies LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,899 shares of the specialty retailer's stock, valued at approximately $856,000.

A number of other hedge funds have also added to or reduced their stakes in the stock. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC lifted 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 buying an additional 43 shares during the period. Strengthening Families & Communities LLC lifted 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 buying an additional 42 shares during the period. Clearstead Trust LLC bought a new position in shares of Ulta Beauty during the 2nd quarter worth $27,000. Finally, Ascentis Independent Advisors purchased a new position in shares of Ulta Beauty during the first quarter valued at $29,000. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $545.66 on Wednesday. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The stock has a market capitalization of $23.33 billion, a P/E ratio of 19.89, a P/E/G ratio of 1.61 and a beta of 0.85. The company's 50-day simple moving average is $500.73 and its 200-day simple moving average is $531.63.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same quarter in the previous year, the business posted $5.78 EPS. Ulta Beauty's revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts forecast that Ulta Beauty Inc. will post 28.91 EPS for the current year.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. UBS Group set a $631.00 price objective on Ulta Beauty in a report on Friday. Deutsche Bank Aktiengesellschaft raised their target price on shares of Ulta Beauty from $692.00 to $695.00 and gave the company a "buy" rating in a research report on Tuesday, August 25th. B. Riley Financial reduced their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a "neutral" rating for the company in a report on Wednesday, June 3rd. Wells Fargo & Company dropped their price objective on shares of 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, 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 report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $626.59.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company's stock in a transaction 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 transaction, the director directly owned 2,404 shares of the company's stock, 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 SEC, which is accessible through this hyperlink. 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.

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