Ulta Beauty Inc. $ULTA Shares Sold by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp reduced its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 8.9% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,628 shares of the specialty retailer’s stock after selling 1,528 shares during the period. UNIVEST FINANCIAL Corp’s holdings in Ulta Beauty were worth $8,169,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Focus Partners Wealth grew its stake in shares of Ulta Beauty by 231.6% during the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after buying an additional 2,615 shares during the period. Intech Investment Management LLC boosted its holdings in Ulta Beauty by 48.9% in the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock valued at $1,758,000 after acquiring an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in Ulta Beauty during the second quarter valued at about $466,000. Jump Financial LLC acquired a new stake in Ulta Beauty during the 2nd quarter worth approximately $1,196,000. Finally, Daiwa Securities Group Inc. boosted its position in Ulta Beauty by 0.9% during the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock worth $3,497,000 after purchasing an additional 70 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 0.17% of the company’s stock.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA traded up $8.96 during trading on Friday, hitting $469.20. The company’s stock had a trading volume of 425,933 shares, compared to its average volume of 703,513. The company has a market capitalization of $20.17 billion, a PE ratio of 17.59, a PEG ratio of 1.46 and a beta of 0.88. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The stock’s 50-day moving average price is $484.04 and its two-hundred day moving average price is $567.92.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. During the same quarter last year, the firm earned $6.70 EPS. Ulta Beauty’s quarterly revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have commented on ULTA shares. Piper Sandler cut their price objective on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Morgan Stanley decreased their target price on Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Wells Fargo & Company lowered their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research note on Wednesday, June 3rd. The Goldman Sachs Group dropped their target price on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Loop Capital reissued a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. One research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Profile

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.