Ulta Beauty Inc. $ULTA Shares Sold by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd cut its Ulta Beauty stake by 69.6% in the second quarter, selling 6,246 shares and retaining 2,727 shares valued at approximately $1.23 million.
• Institutional investors and hedge funds own 90.39% of Ulta Beauty, with several firms increasing their positions. Analysts maintain a consensus “Moderate Buy” rating and an average price target of $624.57.
• Ulta Beauty reported quarterly EPS of $6.55 and revenue of $3.04 billion, exceeding estimates, while revenue increased 8.9% year over year. Shares opened at $546.78, within a 52-week range of $443.60 to $714.97.

WINTON GROUP Ltd lessened its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA - Free Report) by 69.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,727 shares of the specialty retailer's stock after selling 6,246 shares during the period. WINTON GROUP Ltd's holdings in Ulta Beauty were worth $1,230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Norges Bank purchased a new stake in Ulta Beauty in the 4th quarter worth approximately $430,963,000. Atria Investments Inc increased its holdings in shares of Ulta Beauty by 42.7% during the 4th quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer's stock valued at $4,233,000 after purchasing an additional 2,093 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Ulta Beauty by 97.3% during the 1st quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer's stock valued at $18,681,000 after purchasing an additional 17,625 shares in the last quarter. Oxbow Advisors LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at $3,024,000. Finally, National Pension Service lifted its stake in shares of Ulta Beauty by 2,704.0% in the 4th quarter. National Pension Service now owns 79,465 shares of the specialty retailer's stock valued at $48,077,000 after purchasing an additional 76,631 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on ULTA. Wells Fargo & Company dropped their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an "underweight" rating on the stock in a research report on Wednesday, June 3rd. JPMorgan Chase & Co. decreased 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. TD Cowen reissued a "buy" rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. William Blair restated a "market perform" rating on shares of Ulta Beauty in a research report on Friday, August 21st. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Ulta Beauty in a research note on Monday, August 31st. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $624.57.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $546.78 on Monday. The stock has a market capitalization of $23.38 billion, a PE ratio of 19.93, a P/E/G ratio of 1.63 and a beta of 0.85. 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 fifty day moving average of $514.13 and a two-hundred day moving average of $524.13.

Ulta Beauty (NASDAQ:ULTA - Get Free Report) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same quarter last year, the business earned $5.78 earnings per share. The company's revenue for the quarter was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Research analysts forecast that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.

About Ulta Beauty

Ulta Beauty, Inc is a specialty beauty retailer operating under the Ulta Beauty brand. The company sells a broad selection of cosmetics, skincare, haircare, fragrance, bath and body products, and beauty tools across a range of price points. Its merchandise includes both established brands and private-label products, as well as prestige, mass-market and professional beauty offerings.

In addition to retail sales, Ulta Beauty provides services through salon locations within many of its stores, including hair, skin and brow services.

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