Nykredit A S Invests $11.86 Million in Ulta Beauty Inc. $ULTA

Key Points

• Nykredit A/S acquired 26,288 Ulta Beauty shares worth approximately $11.86 million in the second quarter, representing about 0.06% of the company. Institutional investors and hedge funds collectively own 90.39% of Ulta Beauty.
• Ulta Beauty exceeded quarterly expectations, reporting $6.55 EPS versus the $6.22 estimate and $3.04 billion in revenue, up 8.9% year over year. The company maintained fiscal 2026 EPS guidance of $28.70–$29.00.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $627.83, despite several recent target reductions and rating changes. Shares opened at $540.98, well below their 52-week high of $714.97.

Nykredit A S bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,288 shares of the specialty retailer's stock, valued at approximately $11,855,000. Nykredit A S owned about 0.06% of Ulta Beauty at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allianz Asset Management GmbH grew its position in Ulta Beauty by 9.3% during the second quarter. Allianz Asset Management GmbH now owns 133,471 shares of the specialty retailer's stock valued at $66,668,000 after buying an additional 11,362 shares during the period. Amundi lifted its position in shares of Ulta Beauty by 14.3% in the second quarter. Amundi now owns 544,686 shares of the specialty retailer's stock valued at $245,642,000 after acquiring an additional 68,205 shares in the last quarter. Wellington Grp LLC boosted its stake in shares of Ulta Beauty by 60.9% in the second quarter. Wellington Grp LLC now owns 1,635 shares of the specialty retailer's stock worth $737,000 after acquiring an additional 619 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Ulta Beauty in the 2nd quarter valued at $33,021,000. Finally, Ameritas Advisory Services LLC purchased a new stake in Ulta Beauty during the 2nd quarter valued at about $511,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ulta Beauty news, Director Lorna Nagler sold 600 shares of the stock in a transaction dated Friday, September 11th. The stock was sold at an average price of $537.31, for a total value of $322,386.00. Following the sale, the director owned 7,168 shares of the company's stock, valued at $3,851,438.08. This trade represents a 7.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $540.98 on Monday. The stock has a market capitalization of $23.13 billion, a P/E ratio of 19.72, a price-to-earnings-growth ratio of 1.62 and a beta of 0.85. The company has a 50 day moving average price of $522.48 and a 200 day moving average price of $519.06. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business earned $5.78 EPS. The firm's quarterly 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 28.94 EPS for the current fiscal year.

Analysts Set New Price Targets

ULTA has been the topic of a number of analyst reports. B. Riley Financial reduced their target price on shares of Ulta Beauty from $600.00 to $500.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 3rd. BMO Capital Markets initiated coverage on shares of Ulta Beauty in a research note on Tuesday, September 8th. They issued a "market perform" rating and a $580.00 price target for the company. Raymond James Financial downgraded shares of Ulta Beauty from a "strong-buy" rating to a "moderate buy" rating in a report on Tuesday, September 15th. JPMorgan Chase & Co. reduced their price target on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating on the stock in a research report on Wednesday, June 3rd. Finally, Sanford C. Bernstein upgraded Ulta Beauty to an "outperform" rating in a report on Tuesday, September 15th. Twenty-four equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $627.83.

Ulta Beauty Profile

Ulta Beauty, Inc is a specialty beauty retailer operating under the Ulta Beauty brand. The company sells a broad selection of cosmetics, skincare, haircare, fragrance, bath and body products, and beauty tools across a range of price points. Its merchandise includes both established brands and private-label products, as well as prestige, mass-market and professional beauty offerings.

In addition to retail sales, Ulta Beauty provides services through salon locations within many of its stores, including hair, skin and brow services.

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