OMERS ADMINISTRATION Corp Purchases Shares of 7,214 Ulta Beauty Inc. $ULTA

Key Points

• OMERS Administration Corp. bought 7,214 Ulta Beauty shares during the second quarter, valued at approximately $3.25 million. Institutional investors own 90.39% of the company.
• Ulta Beauty exceeded quarterly expectations with EPS of $7.74 versus the $6.89 consensus and revenue of $3.16 billion, up 11.1% year over year.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $636.41 price target, although several firms recently lowered their targets and cited potential margin pressure.

OMERS ADMINISTRATION Corp purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) in the second quarter, according to its most recent filing with the SEC. The firm purchased 7,214 shares of the specialty retailer's stock, valued at approximately $3,253,000.

Several other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its stake in shares of Ulta Beauty by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer's stock valued at $3,253,047,000 after purchasing an additional 23,434 shares during the period. BlackRock Inc. acquired a new stake in Ulta Beauty during the second quarter worth approximately $1,815,712,000. State Street Corp grew its stake in Ulta Beauty by 2.5% during the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer's stock worth $1,225,487,000 after purchasing an additional 50,305 shares during the period. Diamant Asset Management Inc. increased its holdings in Ulta Beauty by 52,171.0% in the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer's stock worth $77,050,000 after purchasing an additional 1,471,222 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Ulta Beauty by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer's stock worth $747,587,000 after purchasing an additional 21,947 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Stock Performance

ULTA stock opened at $537.22 on Wednesday. The stock's 50 day simple moving average is $492.80 and its 200 day simple moving average is $536.87. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The company has a market cap of $23.10 billion, a P/E ratio of 20.14, a price-to-earnings-growth ratio of 1.68 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same quarter in the prior year, the company earned $6.70 earnings per share. The company's quarterly revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Key Ulta Beauty News

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

• Positive Sentiment: Deutsche Bank expects Ulta Beauty’s fiscal second-quarter same-store sales growth to exceed consensus estimates, raising expectations for a potential earnings and revenue beat. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat, Deutsche Bank Says
• Positive Sentiment: Analysts continue to support the stock, with UBS maintaining a Buy rating and a $735 price target, while Canaccord Genuity reiterated its Buy rating and $731 target. Their views cite durable growth and the company’s Ulta Beauty Unleashed strategy. UBS Ulta Beauty Rating Canaccord Genuity Ulta Beauty Rating
• Positive Sentiment: Ulta Beauty’s nationwide agreement with Chinese beauty brand Proya should broaden its product assortment and support international brand exposure. The company also filed plans for another store in Huber Heights, Ohio, indicating continued physical expansion. Proya Ulta Beauty Agreement Ulta Beauty Huber Heights Location
• Neutral Sentiment: Options activity suggests traders are positioning for a potentially significant move, but the available report does not establish whether those bets are bullish or bearish. Reported short-interest data showed zero shares and an anomalous “NaN” change, making it unreliable as a trading signal. Ulta Beauty Options Activity
• Negative Sentiment: Although analysts expect second-quarter sales and EPS growth, previews also highlight potential margin pressure. That uncertainty, along with profit-taking after the recent rally, may be limiting the stock’s response to favorable news. Ulta’s latest reported quarter showed an EPS and revenue beat, with revenue up 11.1% year over year.

Insider Buying and Selling at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This trade represents a 13.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.20% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on ULTA. Barclays dropped their price target on Ulta Beauty from $712.00 to $647.00 and set an "overweight" rating on the stock in a research note on Wednesday, June 3rd. TD Cowen reaffirmed a "buy" rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. Wells Fargo & Company lowered their price objective on shares of Ulta Beauty from $475.00 to $450.00 and set an "underweight" rating for the company in a research note on Wednesday, June 3rd. Loop Capital reiterated a "hold" rating and set a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Finally, Robert W. Baird cut their target price on shares of Ulta Beauty from $730.00 to $700.00 and set an "outperform" rating on the stock in a research note on Wednesday, June 3rd. One 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 stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $636.41.

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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