Keybank National Association OH Has $83.74 Million Holdings in Ulta Beauty Inc. $ULTA

Key Points

• KeyBank National Association OH increased its Ulta Beauty stake by 3.4% in Q4 to 138,408 shares (about $83.74 million), while institutional investors and hedge funds own roughly 90.39% of the stock.
• Wall Street consensus is a "Moderate Buy" with a mean price target of $674.23; analysts' views are mixed (Wedbush started coverage at "outperform", JPMorgan and Oppenheimer trimmed targets, Raymond James reaffirmed "strong-buy") and Ulta set FY2026 guidance of $28.05–$28.55 EPS (consensus ~$28.44).
• In the latest quarter Ulta reported EPS of $8.01 (beat by $0.08) and revenue of $3.90B (up 11.8% YoY); the stock has a market cap of $23.44B, a P/E of 21.0, and a 12‑month range of $377.63–$714.97.

Keybank National Association OH boosted its stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 138,408 shares of the specialty retailer's stock after purchasing an additional 4,519 shares during the period. Keybank National Association OH owned about 0.31% of Ulta Beauty worth $83,738,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Harbor Capital Advisors Inc. bought a new position in shares of Ulta Beauty during the 3rd quarter worth about $25,000. Steigerwald Gordon & Koch Inc. increased its stake in Ulta Beauty by 2,550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer's stock valued at $32,000 after buying an additional 51 shares during the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in Ulta Beauty in the 3rd quarter valued at about $31,000. Abich Financial Wealth Management LLC purchased a new stake in Ulta Beauty in the 3rd quarter valued at about $31,000. Finally, BOKF NA purchased a new stake in shares of Ulta Beauty during the 3rd quarter worth approximately $31,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts recently commented on ULTA shares. Wedbush began coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued an "outperform" rating for the company. JPMorgan Chase & Co. dropped their price objective on shares of Ulta Beauty from $800.00 to $750.00 and set an "overweight" rating for the company in a report on Friday, March 13th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Ulta Beauty in a report on Wednesday, January 21st. Oppenheimer decreased their price objective on shares of Ulta Beauty from $750.00 to $650.00 and set an "outperform" rating on the stock in a research report on Friday, March 13th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating on shares of Ulta Beauty in a research note on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty presently has a consensus rating of "Moderate Buy" and a consensus price target of $674.23.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the firm's stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the sale, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.39% of the company's stock.

Ulta Beauty Stock Down 0.3%

ULTA opened at $538.15 on Wednesday. Ulta Beauty Inc. has a twelve month low of $377.63 and a twelve month high of $714.97. The stock has a market capitalization of $23.44 billion, a price-to-earnings ratio of 21.00, a PEG ratio of 1.98 and a beta of 0.95. The firm has a 50 day moving average price of $580.28 and a 200-day moving average price of $587.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, topping analysts' consensus estimates of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The business had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same period in the prior year, the business posted $8.46 earnings per share. The company's revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, analysts expect that Ulta Beauty Inc. will post 28.44 earnings per share for the current year.

About Ulta Beauty

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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