Ulta Beauty Inc. $ULTA Stock: Lifetime Wealth Management P.C. Lowers Holdings

Lifetime Wealth Management P.C. reduced its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 32.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,774 shares of the specialty retailer’s stock after selling 1,328 shares during the quarter. Lifetime Wealth Management P.C.’s holdings in Ulta Beauty were worth $1,515,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ULTA. Nippon Life Global Investors Americas Inc. acquired a new position in shares of Ulta Beauty during the 3rd quarter worth about $868,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in Ulta Beauty in the 3rd quarter valued at about $6,680,000. SFE Investment Counsel lifted its stake in Ulta Beauty by 33.4% in the 3rd quarter. SFE Investment Counsel now owns 794 shares of the specialty retailer’s stock valued at $434,000 after purchasing an additional 199 shares during the last quarter. Vise Technologies Inc. grew its holdings in Ulta Beauty by 46.1% during the third quarter. Vise Technologies Inc. now owns 3,349 shares of the specialty retailer’s stock worth $1,829,000 after purchasing an additional 1,057 shares during the period. Finally, MGO One Seven LLC grew its holdings in Ulta Beauty by 5.4% during the third quarter. MGO One Seven LLC now owns 1,472 shares of the specialty retailer’s stock worth $804,000 after purchasing an additional 75 shares during the period. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Stock Performance

Shares of ULTA opened at $640.43 on Monday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The firm has a market cap of $27.38 billion, a P/E ratio of 23.34, a price-to-earnings-growth ratio of 1.91 and a beta of 0.83. The firm’s 50-day simple moving average is $564.84 and its 200 day simple moving average is $554.29.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.22 by $0.33. The firm had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period last year, the business posted $5.78 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ULTA shares. Raymond James Financial downgraded Ulta Beauty from a “strong-buy” rating to a “moderate buy” rating in a research report on Tuesday, September 15th. Sanford C. Bernstein raised Ulta Beauty to an “outperform” rating in a research report on Tuesday, September 15th. Jefferies Financial Group lifted their target price on Ulta Beauty from $670.00 to $730.00 and gave the stock a “buy” rating in a research note on Friday, October 23rd. Royal Bank Of Canada raised Ulta Beauty to an “outperform” rating in a report on Tuesday, September 15th. Finally, DA Davidson restated a “buy” rating and issued a $625.00 price target on shares of Ulta Beauty in a research note on Monday, September 14th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $631.30.

Insider Activity at Ulta Beauty

In related news, Director Lorna Nagler sold 600 shares of Ulta Beauty stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $537.31, for a total transaction of $322,386.00. Following the completion of the sale, the director directly owned 7,168 shares of the company’s stock, valued at approximately $3,851,438.08. This trade represents a 7.72% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Kecia Steelman sold 2,000 shares of the business’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $545.88, for a total value of $1,091,760.00. Following the completion of the sale, the chief executive officer owned 40,489 shares of the company’s stock, valued at $22,102,135.32. This trade represents a 4.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.20% of the stock is currently owned by corporate insiders.

Ulta Beauty Profile

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty’s private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.