Ethic Inc. Buys 1,925 Shares of Ulta Beauty Inc. $ULTA

Ethic Inc. boosted its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 154.4% during the 4th quarter, HoldingsChannel reports. The fund owned 3,172 shares of the specialty retailer’s stock after acquiring an additional 1,925 shares during the quarter. Ethic Inc.’s holdings in Ulta Beauty were worth $1,919,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in ULTA. Costello Asset Management INC raised its stake in shares of Ulta Beauty by 161.0% in the 4th quarter. Costello Asset Management INC now owns 261 shares of the specialty retailer’s stock valued at $158,000 after purchasing an additional 161 shares during the period. Strengthening Families & Communities LLC boosted its position in shares of Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after buying an additional 42 shares during the period. ASR Vermogensbeheer N.V. boosted its position in shares of Ulta Beauty by 2.5% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 2,725 shares of the specialty retailer’s stock worth $1,649,000 after buying an additional 67 shares during the period. MGO One Seven LLC grew its holdings in shares of Ulta Beauty by 39.4% during the fourth quarter. MGO One Seven LLC now owns 2,571 shares of the specialty retailer’s stock worth $1,555,000 after buying an additional 727 shares in the last quarter. Finally, Crestwood Advisors Group LLC bought a new position in shares of Ulta Beauty during the fourth quarter worth about $316,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ULTA has been the topic of several research reports. Piper Sandler restated an “overweight” rating and issued a $725.00 target price (down from $775.00) on shares of Ulta Beauty in a research note on Friday, March 13th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Ulta Beauty in a research note on Tuesday, March 10th. Wedbush started coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued an “outperform” rating on the stock. Canaccord Genuity Group boosted their price objective on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. Finally, Evercore set a $725.00 target price on shares of Ulta Beauty in a report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $674.23.

Ulta Beauty Stock Performance

ULTA opened at $505.20 on Wednesday. The business’s 50-day simple moving average is $554.57 and its 200 day simple moving average is $587.44. Ulta Beauty Inc. has a 52-week low of $402.50 and a 52-week high of $714.97. The firm has a market capitalization of $22.01 billion, a PE ratio of 19.71, a PEG ratio of 1.78 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business’s revenue was up 11.8% compared to the same quarter last year. During the same period last year, the company earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, research analysts forecast that Ulta Beauty Inc. will post 28.45 earnings per share for the current year.

Insider Buying and Selling at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.39% of the company’s stock.

About Ulta Beauty

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.