Quantitative Investment Management LLC Has $5.11 Million Stake in Ulta Beauty Inc. $ULTA

Quantitative Investment Management LLC increased its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 498.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,338 shares of the specialty retailer’s stock after buying an additional 9,443 shares during the period. Quantitative Investment Management LLC’s holdings in Ulta Beauty were worth $5,113,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Sigma Planning Corp boosted its stake in Ulta Beauty by 9.3% in the second quarter. Sigma Planning Corp now owns 833 shares of the specialty retailer’s stock valued at $376,000 after acquiring an additional 71 shares during the last quarter. Alyeska Investment Group L.P. raised its position in shares of Ulta Beauty by 14.0% during the 2nd quarter. Alyeska Investment Group L.P. now owns 538,961 shares of the specialty retailer’s stock valued at $243,061,000 after acquiring an additional 66,289 shares during the last quarter. New Mexico Educational Retirement Board raised its position in shares of Ulta Beauty by 15.0% during the 2nd quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the specialty retailer’s stock valued at $1,037,000 after acquiring an additional 300 shares during the last quarter. Mufg Securities Americas Inc. lifted its stake in shares of Ulta Beauty by 6.8% in the 2nd quarter. Mufg Securities Americas Inc. now owns 1,312 shares of the specialty retailer’s stock valued at $592,000 after purchasing an additional 84 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in shares of Ulta Beauty by 43.2% in the 2nd quarter. Hsbc Holdings PLC now owns 211,826 shares of the specialty retailer’s stock valued at $95,448,000 after purchasing an additional 63,931 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ULTA shares. Argus set a $550.00 price objective on Ulta Beauty in a research note on Thursday, June 18th. Loop Capital reissued a “hold” rating and issued a $550.00 target price on shares of Ulta Beauty in a research note on Wednesday, June 3rd. TD Cowen reaffirmed a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. B. Riley Financial cut their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Finally, The Goldman Sachs Group boosted their price objective on shares of Ulta Beauty from $648.00 to $667.00 and gave the company a “buy” rating in a report on Friday. 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 data from MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus target price of $626.59.

Ulta Beauty News Roundup

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

• Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
• Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
• Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
• Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction dated 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 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 transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.20% of the stock is currently owned by corporate insiders.

Ulta Beauty Stock Performance

ULTA opened at $517.50 on Monday. The stock has a market capitalization of $22.25 billion, a P/E ratio of 18.86, a P/E/G ratio of 1.57 and a beta of 0.87. The firm’s fifty day simple moving average is $497.56 and its 200 day simple moving average is $533.60. 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 data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%.The business had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the company earned $5.78 earnings per share. Ulta Beauty’s quarterly revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, equities research analysts predict that Ulta Beauty Inc. will post 28.9 EPS for the current fiscal year.

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.