FFG Partners LLC Acquires 1,996 Shares of Ulta Beauty Inc. $ULTA

FFG Partners LLC increased its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 12.1% in the first quarter, Holdings Channel reports. The institutional investor owned 18,446 shares of the specialty retailer’s stock after buying an additional 1,996 shares during the period. Ulta Beauty makes up 3.8% of FFG Partners LLC’s holdings, making the stock its 13th largest holding. FFG Partners LLC’s holdings in Ulta Beauty were worth $9,642,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Norges Bank bought a new position in Ulta Beauty during the 4th quarter worth $430,963,000. Holocene Advisors LP lifted its position in shares of Ulta Beauty by 339.6% during the 3rd quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock valued at $207,732,000 after acquiring an additional 293,516 shares during the period. Andra AP fonden lifted its position in shares of Ulta Beauty by 351,900.0% during the 3rd quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock valued at $125,096,000 after acquiring an additional 228,735 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Ulta Beauty by 1,837.4% during the 4th quarter. Corient Private Wealth LLC now owns 230,998 shares of the specialty retailer’s stock worth $139,756,000 after purchasing an additional 219,075 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Ulta Beauty by 33.6% during the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after purchasing an additional 211,485 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ULTA. The Goldman Sachs Group decreased their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. Guggenheim began coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating on the stock. Piper Sandler decreased their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Finally, Morgan Stanley dropped their target price on shares of Ulta Beauty from $700.00 to $630.00 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 assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Trading Up 2.0%

Shares of ULTA stock opened at $465.06 on Tuesday. The business’s 50-day moving average price is $507.22 and its 200-day moving average price is $579.92. Ulta Beauty Inc. has a 12 month low of $448.57 and a 12 month high of $714.97. The firm has a market capitalization of $19.99 billion, a price-to-earnings ratio of 17.44, a PEG ratio of 1.42 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping the consensus estimate of $6.89 by $0.85. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the previous year, the business posted $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, sell-side analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’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 transaction of $182,246.72. Following the sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.39% of the stock is owned by 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.