Jupiter Asset Management Ltd. Has $33.33 Million Stake in Ulta Beauty Inc. $ULTA

Key Points

• Jupiter Asset Management increased its Ulta Beauty stake by 80.4% in the fourth quarter, buying 24,545 more shares and bringing its holdings to 55,085 shares worth about $33.3 million.
• Institutional interest in Ulta remains high, with several major funds also boosting positions; overall, institutional investors own 90.39% of the company’s stock.
• Ulta recently posted solid quarterly results, beating earnings and revenue estimates, but the stock has been softer lately as investors wait for more clarity around future performance and guidance.

Jupiter Asset Management Ltd. lifted its stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 80.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 55,085 shares of the specialty retailer's stock after buying an additional 24,545 shares during the period. Jupiter Asset Management Ltd. owned approximately 0.12% of Ulta Beauty worth $33,327,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Holocene Advisors LP grew its holdings in shares of Ulta Beauty by 339.6% during the 3rd quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer's stock worth $207,732,000 after purchasing an additional 293,516 shares in the last quarter. Andra AP fonden grew its stake in Ulta Beauty by 351,900.0% during the third quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer's stock worth $125,096,000 after buying an additional 228,735 shares in the last quarter. Invesco Ltd. increased its holdings in Ulta Beauty by 33.6% in the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer's stock valued at $459,479,000 after buying an additional 211,485 shares during the period. Caisse de depot et placement du Quebec raised its position in shares of Ulta Beauty by 249.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer's stock valued at $161,747,000 after buying an additional 211,266 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in shares of Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer's stock worth $222,794,000 after acquiring an additional 207,084 shares during the period. Institutional investors own 90.39% of the company's stock.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Several previews suggest Ulta Beauty could beat Wall Street estimates again, citing its strong history of earnings surprises and favorable setup heading into results. Will Ulta (ULTA) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Analyst previews say first-quarter sales may benefit from loyalty program strength, digital engagement, and exclusive product launches, which could support revenue growth and investor confidence. Ulta Beauty Set to Release Q1 Earnings: Key Insights for Investors
• Positive Sentiment: Ulta Beauty continues to promote brand partnerships and consumer-facing events, including the Ulta Beauty World 2026 expo and a new “Supergirl” collaboration, which can help brand visibility and traffic. Pop Up Mob Brings Nine Beauty Brand Worlds to Life at Ulta Beauty World 2026 in Orlando
• Neutral Sentiment: Multiple articles are simply reiterating Wall Street’s Q1 estimate ranges and key operating metrics, suggesting investors are focused on the upcoming print rather than any new fundamental surprise. Curious about Ulta (ULTA) Q1 Performance? Explore Wall Street Estimates for Key Metrics
• Negative Sentiment: Recent trading has been softer, with Ulta Beauty stock falling on the latest trading day despite a broader market gain, highlighting some near-term investor caution ahead of earnings. Ulta Beauty (ULTA) Stock Drops Despite Market Gains: Important Facts to Note

Ulta Beauty Price Performance

Shares of Ulta Beauty stock opened at $520.15 on Friday. The company's 50 day moving average price is $525.91 and its two-hundred day moving average price is $586.13. The firm has a market capitalization of $22.66 billion, a P/E ratio of 20.29, a P/E/G ratio of 1.65 and a beta of 0.89. Ulta Beauty Inc. has a fifty-two week low of $414.21 and a fifty-two week high of $714.97.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating analysts' consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company had revenue of $3.90 billion during the quarter, compared to analysts' expectations of $3.81 billion. During the same period in the prior year, the company earned $8.46 EPS. Ulta Beauty's revenue was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, analysts expect that Ulta Beauty Inc. will post 28.47 earnings per share for the current year.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the sale, the director directly owned 2,383 shares of the company's stock, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.17% of the company's stock.

Wall Street Analysts Forecast Growth

ULTA has been the topic of a number of recent analyst reports. Evercore set a $725.00 price objective on shares of Ulta Beauty in a research note on Wednesday, March 11th. Wedbush initiated coverage on Ulta Beauty in a report on Monday, April 20th. They issued an "outperform" rating on the stock. William Blair reiterated a "market perform" rating on shares of Ulta Beauty in a research note on Monday, March 9th. Barclays cut Ulta Beauty from an "overweight" rating to a "strong sell" rating in a report on Monday, April 20th. Finally, Jefferies Financial Group raised Ulta Beauty from a "hold" rating to a "buy" rating and raised their price objective for the company from $635.00 to $700.00 in a research note on Monday, April 20th. 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 issued a Sell rating to the company. Based on data from MarketBeat.com, Ulta Beauty presently has an average rating of "Moderate Buy" and a consensus price target of $687.95.

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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