Sequoia Financial Advisors LLC Boosts Stake in Ulta Beauty Inc. $ULTA

Sequoia Financial Advisors LLC lifted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 50.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,085 shares of the specialty retailer’s stock after purchasing an additional 1,028 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Ulta Beauty were worth $1,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the stock. MassMutual Private Wealth & Trust FSB boosted its holdings in Ulta Beauty by 6.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock worth $160,000 after purchasing an additional 17 shares during the last quarter. Sound Income Strategies LLC boosted its holdings in Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock worth $98,000 after purchasing an additional 17 shares during the last quarter. Legacy Advisors LLC boosted its holdings in Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after purchasing an additional 18 shares during the last quarter. State of Wyoming boosted its holdings in Ulta Beauty by 10.5% in the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock worth $115,000 after purchasing an additional 20 shares during the last quarter. Finally, 180 Wealth Advisors LLC boosted its holdings in Ulta Beauty by 2.0% in the fourth quarter. 180 Wealth Advisors LLC now owns 996 shares of the specialty retailer’s stock worth $602,000 after purchasing an additional 20 shares during the last quarter. 90.39% of the stock is owned by hedge funds and other institutional investors.

Ulta Beauty Trading Down 1.8%

Shares of ULTA stock opened at $511.98 on Tuesday. Ulta Beauty Inc. has a 12 month low of $402.50 and a 12 month high of $714.97. The stock has a market cap of $22.30 billion, a P/E ratio of 19.98, a P/E/G ratio of 1.81 and a beta of 0.89. The company has a 50 day simple moving average of $558.16 and a two-hundred day simple moving average of $587.54.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. The business had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 28.45 earnings per share for the current year.

Analysts Set New Price Targets

A number of research firms recently commented on ULTA. Canaccord Genuity Group upped their price objective on Ulta Beauty from $674.00 to $799.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Guggenheim assumed coverage on Ulta Beauty in a research report on Monday, April 20th. They set a “buy” rating for the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ulta Beauty in a research report on Wednesday, January 21st. Barclays lowered shares of Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research report on Monday, April 20th. Finally, Telsey Advisory Group upped their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research report on Monday, March 9th. 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 stock. According to MarketBeat.com, Ulta Beauty has an average rating of “Moderate Buy” and a consensus price target of $674.23.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value 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. This represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.39% of the stock is currently owned by insiders.

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.