Strs Ohio Sells 5,298 Shares of Ulta Beauty Inc. $ULTA

Key Points

• Strs Ohio trimmed its Ulta stake by 10.1%, selling 5,298 shares and holding 47,282 shares worth about $28.61 million at the end of the quarter.
• Ulta beat quarterly estimates (EPS $8.01 vs. $7.93; revenue $3.90B vs. $3.81B), set FY2026 guidance of $28.05–$28.55 EPS, and carries an average analyst rating of "Moderate Buy" with a $674.23 price target.

Strs Ohio reduced its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 10.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,282 shares of the specialty retailer's stock after selling 5,298 shares during the period. Strs Ohio owned about 0.11% of Ulta Beauty worth $28,606,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in ULTA. Keybank National Association OH boosted its position in Ulta Beauty by 1.6% in the 3rd quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer's stock valued at $73,204,000 after buying an additional 2,121 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in Ulta Beauty in the 3rd quarter valued at $71,997,000. Bowen Hanes & Co. Inc. bought a new position in Ulta Beauty in the 3rd quarter valued at $6,012,000. Generali Asset Management SPA SGR boosted its position in Ulta Beauty by 2,732.7% in the 3rd quarter. Generali Asset Management SPA SGR now owns 4,164 shares of the specialty retailer's stock valued at $2,277,000 after buying an additional 4,017 shares during the last quarter. Finally, Allianz Asset Management GmbH boosted its position in Ulta Beauty by 979.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 74,201 shares of the specialty retailer's stock valued at $40,569,000 after buying an additional 67,325 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ULTA has been the topic of a number of recent research reports. Raymond James Financial reiterated a "strong-buy" rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. TD Cowen initiated coverage on Ulta Beauty in a research report on Monday, April 20th. They issued a "buy" rating on the stock. William Blair reiterated a "market perform" rating on shares of Ulta Beauty in a research report on Monday, March 9th. Oppenheimer decreased their price objective on 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, Weiss Ratings restated a "hold (c)" rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $674.23.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the firm's stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the sale, the director owned 2,383 shares of the company's stock, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.17% of the company's stock.

Ulta Beauty Stock Down 1.0%

NASDAQ:ULTA opened at $531.95 on Friday. Ulta Beauty Inc. has a 12-month low of $386.00 and a 12-month high of $714.97. The firm has a market capitalization of $23.17 billion, a P/E ratio of 20.75, a P/E/G ratio of 1.95 and a beta of 0.89. The stock's fifty day simple moving average is $573.99 and its 200-day simple moving average is $587.43.

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 (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period last year, the company earned $8.46 EPS. The firm'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, equities research analysts expect that Ulta Beauty Inc. will post 28.44 earnings per share for the current year.

Ulta Beauty News Roundup

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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