Ulta Beauty Inc. $ULTA Shares Purchased by Raiffeisen Bank International AG

Key Points

• Institutional ownership increased significantly: Raiffeisen Bank International raised its Ulta Beauty stake by 9,728.1% to 3,145 shares, while several major institutions—including BlackRock and Norges Bank—also established or expanded positions. Institutions now own 90.39% of ULTA.
• Ulta exceeded quarterly expectations: The retailer reported $6.55 in quarterly EPS and $3.04 billion in revenue, surpassing analyst estimates, with revenue up 8.9% year over year. Management guided for fiscal 2026 EPS of $28.70–$29.00.
• Analyst sentiment remains favorable: Ulta carries a “Moderate Buy” consensus rating and a $626.59 average price target, although some firms recently lowered their targets. The stock opened at $564.12, below its 52-week high of $714.97.

Raiffeisen Bank International AG lifted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 9,728.1% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 3,145 shares of the specialty retailer's stock after buying an additional 3,113 shares during the quarter. Raiffeisen Bank International AG's holdings in Ulta Beauty were worth $1,444,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently bought and sold shares of ULTA. BlackRock Inc. bought a new position in Ulta Beauty in the 2nd quarter valued at about $1,815,712,000. Diamant Asset Management Inc. lifted its position in shares of Ulta Beauty by 52,171.0% in the 1st quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer's stock valued at $77,050,000 after acquiring an additional 1,471,222 shares in the last quarter. Norges Bank purchased a new stake in shares of Ulta Beauty in the fourth quarter valued at $430,963,000. Bank of America Corp DE purchased a new stake in Ulta Beauty in the 2nd quarter worth about $260,192,000. Finally, Legal & General Group Plc purchased a new stake in shares of Ulta Beauty in the second quarter worth approximately $161,600,000. Institutional investors own 90.39% of the company's stock.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the firm'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 value of $182,246.72. Following the transaction, the director directly owned 2,404 shares of the company's stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.20% of the company's stock.

Ulta Beauty Stock Performance

Shares of NASDAQ ULTA opened at $564.12 on Friday. The stock has a market cap of $24.12 billion, a PE ratio of 20.56, a PEG ratio of 1.69 and a beta of 0.85. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The business has a fifty day moving average of $505.13 and a two-hundred day moving average of $530.17.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping analysts' consensus estimates of $6.22 by $0.33. The firm had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company's revenue was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Analysts predict that Ulta Beauty Inc. will post 28.93 earnings per share for the current year.

Analyst Upgrades and Downgrades

ULTA has been the subject of a number of research reports. The Goldman Sachs Group lifted their price objective on Ulta Beauty from $648.00 to $667.00 and gave the company a "buy" rating in a research report on Friday, August 28th. B. Riley Financial cut their price objective on Ulta Beauty from $600.00 to $500.00 and set a "neutral" rating on the stock in a research note on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lifted their target price on shares of Ulta Beauty from $692.00 to $695.00 and gave the stock a "buy" rating in a report on Tuesday, August 25th. Loop Capital reiterated a "hold" rating and set a $550.00 price target on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. cut their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an "overweight" rating for the company in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $626.59.

Ulta Beauty Company 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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