Ulta Beauty Inc. $ULTA Stock Sold by Illinois Municipal Retirement Fund

Illinois Municipal Retirement Fund lowered its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 3.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 34,638 shares of the specialty retailer’s stock after selling 1,087 shares during the quarter. Illinois Municipal Retirement Fund owned 0.08% of Ulta Beauty worth $18,918,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ULTA. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Ulta Beauty during the second quarter worth about $33,021,000. Vise Technologies Inc. purchased a new position in Ulta Beauty in the 2nd quarter valued at about $1,033,000. Tidal Investments LLC lifted its stake in Ulta Beauty by 34.6% in the 2nd quarter. Tidal Investments LLC now owns 17,553 shares of the specialty retailer’s stock valued at $7,916,000 after buying an additional 4,513 shares in the last quarter. Beacon Pointe Advisors LLC acquired a new stake in Ulta Beauty in the 2nd quarter worth about $8,311,000. Finally, Raiffeisen Bank International AG boosted its holdings in Ulta Beauty by 9,728.1% in the 2nd quarter. Raiffeisen Bank International AG now owns 3,145 shares of the specialty retailer’s stock worth $1,444,000 after buying an additional 3,113 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In other Ulta Beauty news, Director Lorna Nagler sold 600 shares of the business’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $537.31, for a total transaction of $322,386.00. Following the transaction, the director owned 7,168 shares of the company’s stock, valued at approximately $3,851,438.08. The trade was a 7.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Kecia Steelman sold 2,000 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $545.88, for a total value of $1,091,760.00. Following the completion of the sale, the chief executive officer owned 40,489 shares of the company’s stock, valued at approximately $22,102,135.32. The trade was a 4.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have commented on ULTA. Citigroup increased their target price on Ulta Beauty from $580.00 to $685.00 and gave the company a “neutral” rating in a report on Friday, November 6th. Raymond James Financial downgraded Ulta Beauty from a “strong-buy” rating to a “moderate buy” rating in a research report on Tuesday, September 15th. FBN Securities started coverage on Ulta Beauty in a research note on Tuesday, September 15th. They issued an “outperform” rating on the stock. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Friday, August 21st. Finally, Weiss Ratings raised Ulta Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $635.87.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Glow Recipe is entering Ulta Beauty with its viral eye masks, expanding the retailer’s skincare assortment and potentially drawing customer interest. Glow Recipe Launches Their Viral Eye Masks And Enters Ulta
• Positive Sentiment: Ulta Beauty’s price target was reportedly raised to $685, a potentially favorable signal for investor expectations; the report does not provide the prior target or rationale. Ulta Beauty Price Target Raised to $685.00
• Neutral Sentiment: A short-interest report says short interest totaled zero shares and days to cover were zero, while also describing a “large increase”—an internal inconsistency that makes the figures difficult to interpret.

Ulta Beauty Trading Down 0.1%

ULTA stock opened at $664.41 on Wednesday. The firm has a 50-day moving average of $581.28 and a two-hundred day moving average of $553.59. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company has a market cap of $28.41 billion, a price-to-earnings ratio of 24.21, a PEG ratio of 1.99 and a beta of 0.83.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping the consensus estimate of $6.22 by $0.33. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 28.95 earnings per share for the current year.

Ulta Beauty Company Profile

Ulta Beauty, Inc. is a specialty beauty retailer offering cosmetics, skincare, fragrance, haircare and related products. Its assortment includes both mass-market and prestige brands, as well as products sold under its own private-label brands. The company serves customers primarily through its retail stores across the United States and its e-commerce channels. Many stores also offer salon services, including haircuts, styling and hair color, alongside beauty products and services. Founded in 1990, Ulta Beauty is headquartered in Bolingbrook, Illinois.