Landscape Capital Management L.L.C. Takes Position in Ulta Beauty Inc. $ULTA

Landscape Capital Management L.L.C. acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,134 shares of the specialty retailer’s stock, valued at approximately $3,668,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Ulta Beauty during the fourth quarter valued at about $430,963,000. Atria Investments Inc lifted its holdings in shares of Ulta Beauty by 42.7% in the 4th quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer’s stock worth $4,233,000 after acquiring an additional 2,093 shares during the last quarter. Janney Montgomery Scott LLC boosted its position in shares of Ulta Beauty by 97.3% during the 1st 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 during the period. National Pension Service boosted its position in shares of Ulta Beauty by 2,704.0% during the 4th 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 during the period. Finally, Oxbow Advisors LLC acquired a new stake in Ulta Beauty in the 1st quarter valued at approximately $3,024,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity 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 stock was sold at an average price of $475.84, for a total transaction 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. This represents 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. 0.20% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on ULTA. Evercore set a $635.00 target price on Ulta Beauty in a research report on Wednesday, June 3rd. Canaccord Genuity Group lowered their price target on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Citigroup dropped their price objective 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. UBS Group cut their price objective on Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, TD Cowen reissued a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $638.09.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $521.46 on Friday. The stock has a market capitalization of $22.42 billion, a P/E ratio of 19.55, a price-to-earnings-growth ratio of 1.61 and a beta of 0.87. The company has a 50 day moving average price of $489.99 and a 200 day moving average price of $539.70. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97.

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

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Saudi Arabia offers a new growth opportunity. Reports highlighted Ulta Beauty’s debut in Saudi Arabia, where a young, digitally engaged population and rapidly expanding beauty market could support long-term international sales growth. Saudi Arabia’s beauty market booms: Ulta Beauty debuts Saudi Arabia’s Beauty Market Booms With Young, Trend-savvy Consumers
• Positive Sentiment: New skincare deal could strengthen Ulta’s assortment. Australian entrepreneur Indianna Roehrich reportedly signed an agreement with Ulta for her Digital-era skincare brand, adding potentially differentiated products and supporting the retailer’s focus on emerging beauty brands. Australian entrepreneur Indianna Roehrich signs deal with Ulta Beauty
• Positive Sentiment: Analysts continue to emphasize earnings potential. Zacks articles pointed to expected earnings growth and potential for an earnings beat, while its Focus List described ULTA as attractive for long-term investors. These views complement the company’s latest earnings beat and fiscal 2026 EPS outlook. Why Ulta Beauty is a Top Stock for the Long-Term
• Neutral Sentiment: Upcoming earnings are a near-term catalyst. Coverage expects investors to focus on whether Ulta can sustain sales and profit growth in its next quarterly report. Ulta Beauty Earnings Expected to Grow
• Negative Sentiment: The Target partnership has ended. Target’s finalized separation from Ulta removes the retailer’s shop-in-shop presence and associated customer reach, although the effect may be partly offset by Ulta’s standalone stores and other expansion efforts. Target finalizes divorce from Ulta

About Ulta Beauty

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.