VIRGINIA RETIREMENT SYSTEMS ET Al Lowers Holdings in Ulta Beauty Inc. $ULTA

VIRGINIA RETIREMENT SYSTEMS ET Al reduced its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 4.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 80,160 shares of the specialty retailer’s stock after selling 3,840 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Ulta Beauty were worth $48,498,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Vanguard Group Inc. raised its position in Ulta Beauty by 0.4% during the fourth 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 raised its stake in shares of Ulta Beauty by 2.3% during 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 buying an additional 44,182 shares during the last quarter. Sanders Capital LLC increased its stake in shares of 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 in the last quarter. Invesco Ltd. increased its stake in shares of 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 in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of 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 in the last quarter. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the sale, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.39% of the stock is currently owned by insiders.

Ulta Beauty Stock Performance

ULTA opened at $505.20 on Wednesday. Ulta Beauty Inc. has a one year low of $402.50 and a one year high of $714.97. The stock has a market capitalization of $22.01 billion, a PE ratio of 19.71, a P/E/G ratio of 1.78 and a beta of 0.89. The business’s 50 day moving average price is $554.57 and its 200 day moving average price is $587.44.

Ulta Beauty (NASDAQ:ULTA) last released 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. The firm had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same period in the prior year, the firm posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities research analysts forecast that Ulta Beauty Inc. will post 28.45 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. lowered their price objective on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday, March 13th. UBS Group restated a “buy” rating and set a $810.00 target price on shares of Ulta Beauty in a report on Friday, March 13th. Barclays cut Ulta Beauty from an “overweight” rating to a “strong sell” rating in a report on Monday, April 20th. Piper Sandler restated an “overweight” rating and set a $725.00 target price (down from $775.00) on shares of Ulta Beauty in a report on Friday, March 13th. Finally, Wedbush started coverage on Ulta Beauty in a report on Monday, April 20th. They set an “outperform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $674.23.

Ulta Beauty Company 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.