Keystone Investors PTE Ltd. Has $21.70 Million Position in Ulta Beauty Inc. $ULTA

Keystone Investors PTE Ltd. grew its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 196.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,864 shares of the specialty retailer’s stock after purchasing an additional 23,784 shares during the period. Ulta Beauty comprises approximately 1.9% of Keystone Investors PTE Ltd.’s investment portfolio, making the stock its 14th largest position. Keystone Investors PTE Ltd.’s holdings in Ulta Beauty were worth $21,698,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Optimize Financial Inc increased its holdings in Ulta Beauty by 1.4% in the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after purchasing an additional 16 shares during the period. MassMutual Private Wealth & Trust FSB increased its holdings in Ulta Beauty by 6.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after purchasing an additional 17 shares during the period. Sound Income Strategies LLC increased its holdings in Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after purchasing an additional 17 shares during the period. Legacy Advisors LLC increased its holdings in Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock valued at $934,000 after purchasing an additional 18 shares during the period. Finally, State of Wyoming increased its holdings in Ulta Beauty by 10.5% in the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after purchasing an additional 20 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Ulta Beauty Stock Performance

Shares of NASDAQ ULTA opened at $467.74 on Friday. The company has a market capitalization of $20.11 billion, a P/E ratio of 17.54, a price-to-earnings-growth ratio of 1.49 and a beta of 0.86. Ulta Beauty Inc. has a 52-week low of $452.05 and a 52-week high of $714.97. The company’s 50 day moving average price is $516.26 and its 200-day moving average price is $582.70.

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

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.17% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on ULTA. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective for the company in a report on Tuesday, May 5th. UBS Group dropped their price target on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company dropped their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 3rd. B. Riley Financial dropped their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group dropped their price target on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $644.91.

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.