3,080 Shares in Ulta Beauty Inc. $ULTA Purchased by Performance Wealth Partners LLC

Performance Wealth Partners LLC purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the second quarter, HoldingsChannel.com reports. The fund purchased 3,080 shares of the specialty retailer’s stock, valued at approximately $1,389,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in Ulta Beauty during the 4th quarter worth approximately $430,963,000. Atria Investments Inc raised its holdings in Ulta Beauty by 42.7% in the fourth quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer’s stock worth $4,233,000 after purchasing an additional 2,093 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Ulta Beauty by 97.3% during the first quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer’s stock worth $18,681,000 after purchasing an additional 17,625 shares in the last quarter. National Pension Service boosted its position in shares of Ulta Beauty by 2,704.0% during the fourth quarter. National Pension Service now owns 79,465 shares of the specialty retailer’s stock worth $48,077,000 after purchasing an additional 76,631 shares in the last quarter. Finally, Oxbow Advisors LLC acquired a new position in shares of Ulta Beauty in the 1st quarter valued at $3,024,000. 90.39% of the stock is owned by institutional investors.

Analysts Set New Price Targets

ULTA has been the topic of several recent analyst reports. Wells Fargo & Company reduced their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. TD Cowen reiterated a “buy” rating on shares of Ulta Beauty in a report on Tuesday, July 21st. Citigroup lowered their target price on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Barclays dropped their target price on shares of Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Finally, Wedbush initiated coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued an “outperform” rating for the company. One equities research 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 assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $638.09.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the sale, the director owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. The trade was a 13.74% 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 the SEC website. Corporate insiders own 0.20% of the company’s stock.

Ulta Beauty Stock Down 3.4%

Shares of ULTA stock opened at $493.33 on Tuesday. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company’s fifty day simple moving average is $486.22 and its 200-day simple moving average is $542.34. The firm has a market cap of $21.21 billion, a PE ratio of 18.50, a P/E/G ratio of 1.59 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the firm earned $6.70 earnings per share. The firm’s revenue for the quarter 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. On average, equities analysts predict that Ulta Beauty Inc. will post 28.78 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.