S Bank Fund Management Ltd Grows Stock Holdings in Ulta Beauty Inc. $ULTA

S Bank Fund Management Ltd grew its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 11.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 13,900 shares of the specialty retailer’s stock after purchasing an additional 1,407 shares during the period. Ulta Beauty comprises about 1.1% of S Bank Fund Management Ltd’s holdings, making the stock its 24th largest holding. S Bank Fund Management Ltd’s holdings in Ulta Beauty were worth $8,410,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in Ulta Beauty by 2.8% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 101,514 shares of the specialty retailer’s stock worth $62,943,000 after buying an additional 2,761 shares in the last quarter. Providence First Trust Co purchased a new position in shares of Ulta Beauty during the fourth quarter worth approximately $354,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Ulta Beauty by 0.4% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,177 shares of the specialty retailer’s stock worth $3,737,000 after acquiring an additional 25 shares during the last quarter. RNC Capital Management LLC lifted its holdings in shares of Ulta Beauty by 0.8% in the 4th quarter. RNC Capital Management LLC now owns 7,686 shares of the specialty retailer’s stock worth $4,650,000 after acquiring an additional 59 shares during the last quarter. Finally, Boothe Investment Group Inc. boosted its stake in shares of Ulta Beauty by 2.5% in the 4th quarter. Boothe Investment Group Inc. now owns 20,837 shares of the specialty retailer’s stock valued at $12,607,000 after purchasing an additional 507 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Up 2.8%

Shares of Ulta Beauty stock opened at $532.53 on Wednesday. The firm has a market cap of $23.20 billion, a PE ratio of 20.78, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. Ulta Beauty Inc. has a 12-month low of $386.00 and a 12-month high of $714.97. The company’s fifty day simple moving average is $570.98 and its two-hundred day simple moving average is $587.72.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating the consensus estimate of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, sell-side analysts expect that Ulta Beauty Inc. will post 28.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on ULTA. Deutsche Bank Aktiengesellschaft set a $732.00 target price on shares of Ulta Beauty in a research report on Thursday, January 8th. Barclays lowered shares of Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research report on Monday, April 20th. UBS Group reiterated a “buy” rating and issued a $810.00 price objective on shares of Ulta Beauty in a report on Friday, March 13th. Wedbush started coverage on Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating for the company. Finally, Guggenheim assumed coverage on Ulta Beauty in a report on Monday, April 20th. They set a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Ulta Beauty presently has a consensus rating of “Moderate Buy” and an average target price of $674.23.

More Ulta Beauty News

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

• Positive Sentiment: Bank of America upgraded ULTA to Buy from Neutral and kept a $685 price target, citing a pullback that creates an attractive entry into a high?quality compounder and a “flywheel” for growth. This upgrade and favorable analyst commentary are the main near?term drivers behind the stock move. Article Title
• Positive Sentiment: Multiple outlets echoed BofA’s view (coverage in Yahoo/247WallSt), reinforcing investor attention to the upgrade and the implied ~28% upside to the $685 target. Consensus framing increases buying interest among momentum and value investors. Article Title
• Positive Sentiment: Ulta’s Gemini?powered “Ulta AI” and NielsenIQ partnership aim to improve product discovery, personalization and merchandising — moves that could lift digital conversion, basket size and margins over time. Investors view this as strategic modernization of omnichannel capabilities. Article Title
• Neutral Sentiment: Marketing and partnership mentions (DoorDash Mother’s Day campaign featuring deals with Ulta, celebrity/social coverage) offer modest promotional tailwinds for seasonal traffic but are unlikely to move fundamentals materially on their own. Article Title
• Negative Sentiment: Walmart is expanding its beauty assortment to better rival Target, a development that increases competitive pressure in mass beauty retailing and could weigh on Ulta’s market share and margin expansion over time. Investors will watch how Ulta differentiates on assortment, service and loyalty. Article Title

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This represents a 15.94% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.39% 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.