Ulta Beauty Inc. $ULTA Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC lowered its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 20.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,099 shares of the specialty retailer’s stock after selling 2,053 shares during the quarter. Private Advisor Group LLC’s holdings in Ulta Beauty were worth $4,234,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Optimize Financial Inc boosted its position in shares of Ulta Beauty by 1.4% during the 4th quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after purchasing an additional 16 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its stake in Ulta Beauty by 6.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $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% during the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock worth $98,000 after buying an additional 17 shares in the last quarter. Legacy Advisors LLC boosted its holdings in Ulta Beauty by 1.2% during the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after buying an additional 18 shares in the last quarter. Finally, Root Financial Partners LLC grew its position in Ulta Beauty by 12.1% in the first quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after buying an additional 18 shares during the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Trading Up 0.3%

NASDAQ:ULTA opened at $453.78 on Wednesday. The business’s fifty day moving average price is $488.51 and its 200 day moving average price is $570.56. The firm has a market capitalization of $19.51 billion, a price-to-earnings ratio of 17.01, a PEG ratio of 1.41 and a beta of 0.88. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating 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 revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction 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 completion of the sale, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 0.39% of the stock is currently owned by insiders.

Analyst Ratings Changes

ULTA has been the subject of a number of recent research reports. Piper Sandler cut their price objective on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Canaccord Genuity Group decreased their target price on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Citigroup reduced their target price on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. JPMorgan Chase & Co. decreased their price target on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group cut their price objective on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and an average target price of $638.09.

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.