Performance Wealth Partners LLC Buys New Shares in Ulta Beauty Inc. $ULTA

Key Points

• Performance Wealth Partners purchased 3,080 Ulta Beauty shares worth approximately $1.39 million in the second quarter. Institutional investors and hedge funds collectively own 90.39% of the company.
• Ulta Beauty reported quarterly earnings of $7.74 per share, beating estimates of $6.89, while revenue rose 11.1% year over year to $3.16 billion. The company guided to fiscal 2026 earnings of $28.36–$28.80 per share.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $638.09, although several firms recently lowered their targets. ULTA shares opened at $493.33, well below their 52-week high of $714.97.

Performance Wealth Partners LLC purchased a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,080 shares of the specialty retailer's stock, valued at approximately $1,389,000.

Several other large investors have also recently added to or reduced their stakes in the company. Focus Partners Wealth increased its position in shares of Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer's stock valued at $1,372,000 after purchasing an additional 2,615 shares during the period. Intech Investment Management LLC boosted its stake in Ulta Beauty by 48.9% during the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer's stock worth $1,758,000 after buying an additional 1,574 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Ulta Beauty during the second quarter worth $466,000. Jump Financial LLC bought a new stake in Ulta Beauty in the 2nd quarter valued at $1,196,000. Finally, Daiwa Securities Group Inc. raised its stake in shares of Ulta Beauty by 0.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer's stock valued at $3,497,000 after buying an additional 70 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company's stock.

Ulta Beauty Price Performance

ULTA stock opened at $493.33 on Tuesday. The business has a fifty day moving average price of $486.22 and a 200 day moving average price of $542.34. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The stock has a market capitalization of $21.21 billion, a price-to-earnings ratio of 18.50, a P/E/G ratio of 1.59 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating analysts' consensus estimates of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the company posted $6.70 earnings per share. The firm's quarterly revenue was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities analysts expect that Ulta Beauty Inc. will post 28.78 earnings per share for the current fiscal year.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company's stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.20% of the company's stock.

Analyst Upgrades and Downgrades

ULTA has been the topic of several recent research reports. Wedbush began coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They set an "outperform" rating on the stock. Argus set a $550.00 price target on shares of Ulta Beauty in a research report on Thursday, June 18th. Weiss Ratings cut shares of Ulta Beauty from a "hold (c+)" rating to a "hold (c)" rating in a research note on Wednesday, June 3rd. Piper Sandler decreased their price objective on Ulta Beauty from $725.00 to $600.00 and set an "overweight" rating on the stock in a report on Wednesday, June 3rd. Finally, Canaccord Genuity Group lowered their price objective on Ulta Beauty from $799.00 to $731.00 and set a "buy" rating on the stock in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Ulta Beauty has an average rating of "Moderate Buy" and a consensus price target of $638.09.

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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