Hsbc Holdings PLC Increases Stock Holdings in Ulta Beauty Inc. $ULTA

Hsbc Holdings PLC increased its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 1.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 147,895 shares of the specialty retailer’s stock after purchasing an additional 1,552 shares during the quarter. Hsbc Holdings PLC’s holdings in Ulta Beauty were worth $77,323,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ULTA. Vanguard Group Inc. lifted its position in Ulta Beauty by 0.4% in the fourth quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock worth $3,253,047,000 after buying an additional 23,434 shares during the last quarter. State Street Corp increased its position in Ulta Beauty by 2.5% during the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer’s stock valued at $1,225,487,000 after acquiring an additional 50,305 shares during the last quarter. Diamant Asset Management Inc. raised its stake in shares of Ulta Beauty by 52,171.0% in the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock valued at $77,050,000 after acquiring an additional 1,471,222 shares during the period. Geode Capital Management LLC raised its stake in shares of Ulta Beauty by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer’s stock valued at $747,587,000 after acquiring an additional 21,947 shares during the period. Finally, T. Rowe Price Investment Management Inc. lifted its holdings in shares of Ulta Beauty by 0.3% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 974,223 shares of the specialty retailer’s stock worth $589,415,000 after acquiring an additional 2,463 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA opened at $479.57 on Monday. The firm has a fifty day moving average price of $478.32 and a 200-day moving average price of $562.92. The firm has a market capitalization of $20.62 billion, a P/E ratio of 17.98, a P/E/G ratio of 1.50 and a beta of 0.88. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97.

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

Analysts Set New Price Targets

A number of equities analysts recently commented on the stock. Barclays dropped their price target on shares of Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Jefferies Financial Group raised shares of Ulta Beauty from a “hold” rating to a “buy” rating and raised their price objective for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. Argus set a $550.00 target price on Ulta Beauty in a research report on Thursday, June 18th. B. Riley Financial dropped their target price on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Finally, Weiss Ratings cut Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $638.09.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is owned by corporate insiders.

Ulta Beauty 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.