Teacher Retirement System of Texas Buys 4,542 Shares of Ulta Beauty Inc. $ULTA

Key Points

• Teacher Retirement System of Texas increased its stake by 13.9%, adding 4,542 shares to hold 37,332 shares of Ulta Beauty valued at $22.586 million (about 0.08% of the company), while overall institutional ownership stands near 90.39% with several other funds adding or initiating positions.
• Ulta recently posted a quarterly beat (EPS $8.01 vs. $7.93; revenue $3.90B vs. $3.81B), set FY2026 EPS guidance of 28.05–28.55, and carries a Wall Street consensus of Moderate Buy with an average target price of $674.23.

Teacher Retirement System of Texas grew its stake in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 13.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 37,332 shares of the specialty retailer's stock after acquiring an additional 4,542 shares during the period. Teacher Retirement System of Texas owned 0.08% of Ulta Beauty worth $22,586,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of ULTA. Focus Partners Wealth raised its stake in shares of Ulta Beauty by 231.6% in the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer's stock worth $1,372,000 after acquiring an additional 2,615 shares during the last quarter. Intech Investment Management LLC raised its stake in shares of Ulta Beauty by 48.9% in the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer's stock worth $1,758,000 after acquiring an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Ulta Beauty in the second quarter worth about $466,000. Jump Financial LLC bought a new position in shares of Ulta Beauty in the second quarter worth about $1,196,000. Finally, Daiwa Securities Group Inc. raised its stake in shares of Ulta Beauty by 0.9% in the second quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer's stock worth $3,497,000 after acquiring an additional 70 shares during the last quarter. 90.39% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ULTA shares. Jefferies Financial Group raised shares of Ulta Beauty from a "hold" rating to a "buy" rating and boosted their target price for the stock from $635.00 to $700.00 in a research note on Monday. Piper Sandler reaffirmed an "overweight" rating and issued a $725.00 target price (down from $775.00) on shares of Ulta Beauty in a research note on Friday, March 13th. Bank of America boosted their target price on shares of Ulta Beauty from $610.00 to $685.00 and gave the stock a "neutral" rating in a research note on Thursday, January 8th. Oppenheimer lowered their price target on shares of Ulta Beauty from $750.00 to $650.00 and set an "outperform" rating for the company in a research report on Friday, March 13th. Finally, Wedbush began coverage on shares of Ulta Beauty in a research report on Monday. They set an "outperform" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Ulta Beauty currently has a consensus rating of "Moderate Buy" and a consensus target price of $674.23.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Partnership with Google to add AI-powered shopping features could improve customer discovery and e‑commerce conversion, supporting long‑term growth in omnichannel sales. Ulta Beauty, Google partner on AI-powered shopping experiences
• Positive Sentiment: Ulta Beauty World 2026 drew record crowds and spotlighted indie/emerging brands and celebrity tie‑ins — a positive for brand halo, store traffic and wholesale/brand partnerships. Ulta Beauty World draws record crowds and boosts emerging brands
• Positive Sentiment: Company fundamentals remain supportive: recent quarterly results showed a top‑line beat and management set FY2026 EPS guidance (28.05–28.55). That beats/frames street expectations and underpins valuation multiple resilience.
• Neutral Sentiment: Barron’s reexamined ULTA as a previously recommended idea, noting bullish technical indicators (200‑day SMA recovery potential) — useful for technical traders but not new fundamental news. Reexamining Stock Picks Ulta Beauty, Peabody Energy, U-Haul
• Neutral Sentiment: Barclays flagged that an oil price shock could reshape discretionary retail winners and losers; off‑price chains may be more resilient than traditional discretionary merchandisers. This is a sector headwind more than an Ulta‑specific call. Barclays lists retail sector winners and losers in an oil shock
• Neutral Sentiment: Short‑interest data published for April looks anomalous (shows zero shares / NaN change), so it’s not a reliable signal for today’s move; monitor later filings for clarity.
• Negative Sentiment: Market‑reaction pieces note the stock has declined today (around a 1% move), which appears driven by broad market rotation and sector sentiment rather than fresh negative company news. Ulta Beauty (ULTA) Stock Slides as Market Rises: Facts to Know Before You Trade

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $558.55 on Friday. Ulta Beauty Inc. has a one year low of $377.58 and a one year high of $714.97. The company has a 50 day moving average of $586.53 and a 200-day moving average of $587.73. The stock has a market cap of $24.43 billion, a price-to-earnings ratio of 21.79, a P/E/G ratio of 2.07 and a beta of 0.95.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company had revenue of $3.90 billion during the quarter, compared to analysts' expectations of $3.81 billion. During the same quarter in the previous year, the company earned $8.46 EPS. Ulta Beauty'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. Equities research analysts anticipate that Ulta Beauty Inc. will post 28.4 earnings per share for the current year.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director owned 2,383 shares in the company, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Ulta Beauty Profile

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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