Glenview Trust Co Buys New Shares in Ulta Beauty Inc. $ULTA

Glenview Trust Co purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 3,904 shares of the specialty retailer’s stock, valued at approximately $1,761,000.

Other large investors also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in Ulta Beauty in the fourth quarter worth $25,000. Hilton Head Capital Partners LLC lifted its holdings in shares of Ulta Beauty by 860.0% during the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 43 shares in the last quarter. Strengthening Families & Communities LLC boosted its holdings in shares of Ulta Beauty by 4,200.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after acquiring an additional 42 shares during the last quarter. Clearstead Trust LLC purchased a new stake in Ulta Beauty in the second quarter worth approximately $27,000. Finally, Ascentis Independent Advisors purchased a new stake in Ulta Beauty during the first quarter valued at $29,000. 90.39% of the stock is owned by institutional investors.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director directly 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 document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
• Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
• Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
• Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition

Ulta Beauty Stock Down 4.2%

Ulta Beauty stock opened at $517.50 on Friday. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The business has a fifty day moving average of $497.56 and a two-hundred day moving average of $534.74. The firm has a market cap of $22.25 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.65 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.28%. The business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the company posted $5.78 earnings per share. The firm’s revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Equities analysts expect that Ulta Beauty Inc. will post 28.77 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on the company. Barclays reduced their price objective on Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating for the company in a research note on Friday. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $700.00 target price on shares of Ulta Beauty in a report on Friday. Evercore set a $635.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Wells Fargo & Company cut their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 3rd. Finally, Bank of America dropped their target price on Ulta Beauty from $685.00 to $650.00 and set a “buy” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $626.59.

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.