Ulta Beauty Inc. $ULTA Shares Purchased by Huntington National Bank

Huntington National Bank boosted its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 104,141 shares of the specialty retailer’s stock after acquiring an additional 12,369 shares during the quarter. Huntington National Bank owned 0.23% of Ulta Beauty worth $63,006,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Optimize Financial Inc raised 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 acquiring an additional 16 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised 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 acquiring an additional 17 shares in the last quarter. Sound Income Strategies LLC raised 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 acquiring an additional 17 shares in the last quarter. Legacy Advisors LLC raised 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 acquiring an additional 18 shares in the last quarter. Finally, State of Wyoming raised 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 acquiring an additional 20 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on ULTA shares. Jefferies Financial Group raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and raised their target price for the company from $635.00 to $700.00 in a report on Monday, April 20th. Evercore set a $725.00 target price on shares of Ulta Beauty in a report on Wednesday, March 11th. Morgan Stanley dropped their price target on shares of Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating on the stock in a research note on Friday, March 13th. Wells Fargo & Company upgraded shares of Ulta Beauty from a “strong sell” rating to an “overweight” rating in a research note on Monday, April 20th. Finally, DA Davidson reiterated a “buy” rating and issued a $650.00 price target on shares of Ulta Beauty in a research note on Tuesday, April 14th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $687.95.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the 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 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.17% of the company’s stock.

Ulta Beauty Stock Down 1.7%

Shares of Ulta Beauty stock opened at $507.35 on Thursday. The firm has a market capitalization of $22.10 billion, a P/E ratio of 19.80, a P/E/G ratio of 1.79 and a beta of 0.89. Ulta Beauty Inc. has a 52 week low of $414.21 and a 52 week high of $714.97. The firm’s 50 day moving average is $525.97 and its two-hundred day moving average is $586.11.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating the consensus estimate of $7.93 by $0.08. The business had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company’s revenue was up 11.8% compared to the same quarter last year. During the same period in the prior year, the company earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, research analysts expect that Ulta Beauty Inc. will post 28.47 earnings per share for the current fiscal year.

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.