990 Ulta Beauty Inc. $ULTA Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 14.0% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,037 shares of the specialty retailer’s stock after acquiring an additional 990 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in Ulta Beauty were worth $4,390,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of ULTA. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Ulta Beauty during the second quarter valued at approximately $33,021,000. Vise Technologies Inc. acquired a new position in shares of Ulta Beauty during the second quarter worth approximately $1,033,000. Tidal Investments LLC raised its position in shares of Ulta Beauty by 34.6% during the second quarter. Tidal Investments LLC now owns 17,553 shares of the specialty retailer’s stock worth $7,916,000 after purchasing an additional 4,513 shares during the period. Beacon Pointe Advisors LLC bought a new position in shares of Ulta Beauty in the 2nd quarter worth $8,311,000. Finally, Raiffeisen Bank International AG lifted its holdings in shares of Ulta Beauty by 9,728.1% in the 2nd quarter. Raiffeisen Bank International AG now owns 3,145 shares of the specialty retailer’s stock worth $1,444,000 after purchasing an additional 3,113 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Down 1.6%

Shares of Ulta Beauty stock opened at $649.80 on Friday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The business has a 50 day moving average price of $573.69 and a 200-day moving average price of $553.92. The company has a market cap of $27.78 billion, a PE ratio of 23.68, a price-to-earnings-growth ratio of 1.97 and a beta of 0.83.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.22 by $0.33. The company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%. Ulta Beauty’s quarterly revenue was up 8.9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $5.78 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, research analysts anticipate that Ulta Beauty Inc. will post 28.95 EPS for the current year.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Ulta is adding beauty and wellness brands to its assortment: Abib is launching in more than 300 stores, DECORTÉ will sell select skincare products at selected locations, and Clöud Café is expanding its presence with a K-wellness endcap. Wider brand selection may support customer interest and sales, though the announcements do not quantify their expected contribution. Abib launch announcement DECORTÉ partnership announcement Clöud Café expansion announcement
• Positive Sentiment: Ulta’s holiday campaign featuring Selena Gomez, Tate McRae and Mrs. Claus could help raise visibility during the key seasonal shopping period. Ulta holiday campaign
• Neutral Sentiment: Zacks coverage highlights investor attention and Ulta’s momentum-stock characteristics, but it offers no major new company development or earnings estimate change. Zacks investor-attention article
• Negative Sentiment: An opinion piece frames Black women’s move to Ulta salons as a warning rather than a solution, raising questions about whether the salon experience adequately meets their needs. The article could draw attention to customer inclusion and service quality, but it does not report a quantified business impact. Opinion on Black women and Ulta salons

Insiders Place Their Bets

In other Ulta Beauty news, CEO Kecia Steelman sold 2,000 shares of the firm’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the transaction, the chief executive officer directly owned 40,489 shares in the company, valued at approximately $22,102,135.32. This trade represents a 4.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lorna Nagler sold 600 shares of the firm’s stock in a transaction on Friday, September 11th. The shares were sold at an average price of $537.31, for a total value of $322,386.00. Following the transaction, the director owned 7,168 shares in the company, valued at approximately $3,851,438.08. This trade represents a 7.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

Several research firms recently issued reports on ULTA. Wells Fargo & Company raised shares of Ulta Beauty from an “underweight” rating to an “equal weight” rating and lifted their price target for the company from $450.00 to $525.00 in a research report on Tuesday, September 15th. Royal Bank Of Canada upgraded shares of Ulta Beauty to an “outperform” rating in a report on Tuesday, September 15th. FBN Securities began coverage on shares of Ulta Beauty in a research note on Tuesday, September 15th. They issued an “outperform” rating on the stock. Barclays reduced their price objective on shares of Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $631.30.

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.