Montag A & Associates Inc. Has $5.10 Million Stock Holdings in Ulta Beauty Inc. $ULTA

Key Points

• Montag A & Associates increased its stake in Ulta Beauty by 62.0% in Q4, adding 3,226 shares to hold 8,427 shares valued at about $5.10 million.
• Ulta beat March-quarter estimates with EPS $8.01 (vs. $7.93 expected) and revenue $3.90B (vs. $3.81B expected), reported revenue up 11.8% YoY, and set FY2026 EPS guidance of $28.05–$28.55.
• About 90.39% of ULTA is owned by institutional investors, and analysts have an average "Moderate Buy" rating with a mean price target of $674.23.

Montag A & Associates Inc. lifted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 62.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 8,427 shares of the specialty retailer's stock after purchasing an additional 3,226 shares during the quarter. Montag A & Associates Inc.'s holdings in Ulta Beauty were worth $5,098,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of ULTA. Grey Fox Wealth Advisors LLC acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $31,000. Abich Financial Wealth Management LLC acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $31,000. BOKF NA acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $31,000. Steigerwald Gordon & Koch Inc. grew its position in shares of 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 purchasing an additional 51 shares during the period. Finally, Tobam acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at approximately $43,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Stock Performance

ULTA opened at $531.95 on Friday. The firm has a market cap of $23.17 billion, a P/E ratio of 20.75, a price-to-earnings-growth ratio of 1.95 and a beta of 0.89. Ulta Beauty Inc. has a 52-week low of $386.00 and a 52-week high of $714.97. The business's fifty day moving average is $573.99 and its 200-day moving average is $587.43.

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

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ULTA shares. Wedbush started coverage on Ulta Beauty in a research report on Monday, April 20th. They set an "outperform" rating for the company. JPMorgan Chase & Co. dropped their price objective on Ulta Beauty from $800.00 to $750.00 and set an "overweight" rating on the stock in a research note on Friday, March 13th. UBS Group reiterated a "buy" rating and set a $810.00 price objective on shares of Ulta Beauty in a research note on Friday, March 13th. Oppenheimer dropped their price target on Ulta Beauty from $750.00 to $650.00 and set an "outperform" rating on the stock in a research note on Friday, March 13th. Finally, Barclays cut Ulta Beauty from an "overweight" rating to a "strong sell" rating in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $674.23.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares in the company, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.17% of the stock is owned by company insiders.

More Ulta Beauty News

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

• Positive Sentiment: Ulta announced a strategic data-sharing collaboration with NielsenIQ to improve marketplace visibility and merchandising decisions — a capability that can help optimize assortment, promotions and vendor relationships. NIQ and Ulta Beauty Announce Strategic Data Sharing Collaboration
• Positive Sentiment: Ulta released its full 2026 sale calendar, giving investors more visibility into planned promotional cadence — this can help model sales/traffic timing and suggests management is actively driving demand through planned events. Ulta releases full 2026 sale calendar for beauty deals
• Positive Sentiment: New product arrivals and weekly merchandising updates (e.g., dozen+ "new arrivals" items) support traffic and basket growth — continual product refresh helps Ulta sustain relevance vs. mass retailers. 11 Best Ulta Beauty “New Arrivals” Hitting Shelves This Week
• Neutral Sentiment: Analyst / media coverage notes Ulta is a trending stock and reviews valuation after recent pullbacks — useful for investors but not an immediate fundamental catalyst. Here is What to Know Beyond Why Ulta Beauty Inc. (ULTA) is a Trending Stock
• Neutral Sentiment: Market commentary noting recent modest outperformance or “lapping the market” provides sentiment context but is not a standalone driver. Ulta Beauty (ULTA) Laps the Stock Market: Here's Why
• Negative Sentiment: Target and Ulta have ended their five‑year in‑store partnership. That reduces a non‑store distribution channel and the convenience of linked rewards for Target shoppers — a near-term headwind to reach and incremental sales. Walmart makes in-store move to challenge Target
• Negative Sentiment: Walmart is ramping in-store beauty initiatives to compete with Target and specialty retailers, increasing competitive pressure on Ulta’s market share in mass channels. Walmart makes in-store move to challenge Target

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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