Thrivent Financial for Lutherans Sells 3,726 Shares of Ulta Beauty Inc. $ULTA

Thrivent Financial for Lutherans trimmed its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 154,406 shares of the specialty retailer’s stock after selling 3,726 shares during the period. Thrivent Financial for Lutherans’ holdings in Ulta Beauty were worth $93,418,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in Ulta Beauty by 0.4% in the 4th quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock valued at $3,253,047,000 after purchasing an additional 23,434 shares during the period. State Street Corp boosted its holdings in Ulta Beauty by 2.3% in the 3rd quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock valued at $1,079,973,000 after purchasing an additional 44,182 shares during the period. Sanders Capital LLC boosted its holdings in Ulta Beauty by 8.9% in the 3rd quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock valued at $690,994,000 after purchasing an additional 103,540 shares during the period. Invesco Ltd. boosted its holdings in Ulta Beauty by 33.6% in the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after purchasing an additional 211,485 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Ulta Beauty by 7.5% in the 3rd quarter. Franklin Resources Inc. now owns 626,093 shares of the specialty retailer’s stock valued at $342,316,000 after purchasing an additional 43,458 shares during the period. 90.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ULTA has been the subject of several analyst reports. William Blair reissued a “market perform” rating on shares of Ulta Beauty in a report on Monday, March 9th. Barclays downgraded shares of Ulta Beauty from an “overweight” rating to a “strong sell” rating in a report on Monday, April 20th. UBS Group restated a “buy” rating and set a $810.00 price target on shares of Ulta Beauty in a research report on Friday, March 13th. JPMorgan Chase & Co. lowered their price target on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Finally, Wells Fargo & Company upgraded Ulta Beauty from a “strong sell” rating to an “overweight” rating in a research report on Monday, April 20th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $687.95.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty 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 transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. This trade represents a 15.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is currently owned by insiders.

Ulta Beauty Stock Down 0.8%

NASDAQ ULTA opened at $494.28 on Friday. The stock’s 50-day simple moving average is $544.12 and its two-hundred day simple moving average is $586.42. Ulta Beauty Inc. has a twelve month low of $402.50 and a twelve month high of $714.97. The company has a market capitalization of $21.53 billion, a price-to-earnings ratio of 19.29, a PEG ratio of 1.73 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. The company had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The firm’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the company earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, equities analysts expect that Ulta Beauty Inc. will post 28.47 earnings per share for the current fiscal year.

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.