Ulta Beauty Inc. $ULTA Stock Holdings Boosted by Patton Fund Management Inc.

Patton Fund Management Inc. lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 48.9% in the 4th quarter, Holdings Channel reports. The fund owned 13,312 shares of the specialty retailer’s stock after buying an additional 4,369 shares during the period. Ulta Beauty comprises 1.1% of Patton Fund Management Inc.’s investment portfolio, making the stock its 21st biggest holding. Patton Fund Management Inc.’s holdings in Ulta Beauty were worth $8,054,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. bought a new position in Ulta Beauty in the 3rd quarter valued at about $25,000. Steigerwald Gordon & Koch Inc. grew its position in Ulta Beauty by 2,550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 51 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new position in Ulta Beauty in the 3rd quarter valued at about $31,000. Abich Financial Wealth Management LLC bought a new position in Ulta Beauty in the 3rd quarter valued at about $31,000. Finally, BOKF NA bought a new position in Ulta Beauty in the 3rd quarter valued at about $31,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 1.2%

Shares of NASDAQ ULTA opened at $526.87 on Tuesday. Ulta Beauty Inc. has a twelve month low of $347.48 and a twelve month high of $714.97. The company has a market capitalization of $23.05 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 1.91 and a beta of 0.95. The firm has a 50-day moving average of $609.23 and a two-hundred day moving average of $588.23.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same period in the prior year, the firm earned $8.46 earnings per share. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, research analysts predict that Ulta Beauty Inc. will post 23.96 earnings per share for the current year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on ULTA shares. Canaccord Genuity Group increased their target price on shares of Ulta Beauty from $674.00 to $799.00 and gave the company a “buy” rating in a research report on Tuesday, March 10th. Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, January 21st. Jefferies Financial Group began coverage on shares of Ulta Beauty in a report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 price target for the company. Barclays upped their price target on shares of Ulta Beauty from $680.00 to $712.00 and gave the company an “overweight” rating in a report on Monday, March 9th. Finally, Wells Fargo & Company upped their price target on shares of Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a report on Monday, March 9th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and an average target price of $674.23.

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.