Danske Bank A S Makes New Investment in Ulta Beauty Inc. $ULTA

Danske Bank A S bought a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 20,615 shares of the specialty retailer’s stock, valued at approximately $9,297,000.

Several other hedge funds also recently made changes to their positions in the business. Diversify Advisory Services LLC acquired a new stake in Ulta Beauty during the second quarter worth approximately $258,000. Oxbow Advisors LLC acquired a new position in Ulta Beauty in the 2nd quarter valued at $5,961,000. Wealthfront Advisers LLC acquired a new position in Ulta Beauty in the 2nd quarter valued at $1,916,000. First National Bank of Omaha bought a new stake in shares of Ulta Beauty during the 2nd quarter valued at $2,941,000. Finally, Meeder Advisory Services Inc. bought a new stake in shares of Ulta Beauty during the 2nd quarter valued at $233,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Trading Up 1.2%

ULTA stock opened at $521.46 on Friday. The stock has a market capitalization of $22.42 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.61 and a beta of 0.87. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The firm has a 50-day moving average price of $489.99 and a 200-day moving average price of $539.70.

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

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.20% of the company’s stock.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Saudi Arabia offers a new growth opportunity. Reports highlighted Ulta Beauty’s debut in Saudi Arabia, where a young, digitally engaged population and rapidly expanding beauty market could support long-term international sales growth. Saudi Arabia’s beauty market booms: Ulta Beauty debuts Saudi Arabia’s Beauty Market Booms With Young, Trend-savvy Consumers
• Positive Sentiment: New skincare deal could strengthen Ulta’s assortment. Australian entrepreneur Indianna Roehrich reportedly signed an agreement with Ulta for her Digital-era skincare brand, adding potentially differentiated products and supporting the retailer’s focus on emerging beauty brands. Australian entrepreneur Indianna Roehrich signs deal with Ulta Beauty
• Positive Sentiment: Analysts continue to emphasize earnings potential. Zacks articles pointed to expected earnings growth and potential for an earnings beat, while its Focus List described ULTA as attractive for long-term investors. These views complement the company’s latest earnings beat and fiscal 2026 EPS outlook. Why Ulta Beauty is a Top Stock for the Long-Term
• Neutral Sentiment: Upcoming earnings are a near-term catalyst. Coverage expects investors to focus on whether Ulta can sustain sales and profit growth in its next quarterly report. Ulta Beauty Earnings Expected to Grow
• Negative Sentiment: The Target partnership has ended. Target’s finalized separation from Ulta removes the retailer’s shop-in-shop presence and associated customer reach, although the effect may be partly offset by Ulta’s standalone stores and other expansion efforts. Target finalizes divorce from Ulta

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on ULTA. Weiss Ratings cut Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd. Citigroup cut their price objective on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Bank of America upgraded shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective on the stock in a research note on Tuesday, May 5th. UBS Group decreased their target price on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Loop Capital restated a “hold” rating and issued a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus 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.