iA Global Asset Management Inc. Cuts Stock Position in Ulta Beauty Inc. $ULTA

iA Global Asset Management Inc. cut its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 74.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,791 shares of the specialty retailer’s stock after selling 19,914 shares during the quarter. iA Global Asset Management Inc.’s holdings in Ulta Beauty were worth $3,550,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new stake in Ulta Beauty during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC increased its position in shares of Ulta Beauty by 860.0% during the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares in the last quarter. Strengthening Families & Communities LLC increased its position in shares of Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 42 shares in the last quarter. Nalls Sherbakoff Group LLC purchased a new stake in shares of Ulta Beauty during the 4th quarter valued at $30,000. Finally, BOKF NA purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at $31,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Ulta’s loyalty ecosystem remains a major strength, with management saying more than 95% of sales come from members, highlighting strong customer retention and personalization potential. Business Insider article
• Positive Sentiment: Analysts note Ulta’s recent 52-week low may be close to a “buy zone,” suggesting fundamentals could support the stock despite weak technicals. Barchart article
• Neutral Sentiment: Ulta continues opening and promoting stores and products, which signals ongoing brand activity but is not a major catalyst on its own. Yahoo article
• Negative Sentiment: Target plans to replace Ulta Beauty shop-in-shops with its own Beauty Studio in 600+ stores, which could reduce Ulta’s exposure to Target shoppers and trim a meaningful partnership channel. USA Today article

Ulta Beauty Stock Performance

Shares of Ulta Beauty stock opened at $454.78 on Thursday. The firm has a 50-day simple moving average of $497.07 and a two-hundred day simple moving average of $574.36. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The company has a market cap of $19.55 billion, a P/E ratio of 17.05, a price-to-earnings-growth ratio of 1.41 and a beta of 0.88.

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

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Barclays lowered their price objective on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. The Goldman Sachs Group decreased their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. lowered their price target on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Wells Fargo & Company dropped their price target on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research note on Wednesday, June 3rd. Finally, Evercore set a $635.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. One equities research 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 assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $638.09.

Insider Transactions at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This represents a 13.74% 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. 0.17% of the stock is currently owned by company insiders.

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.