Ulta Beauty Inc. $ULTA Stock Position Lowered by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al trimmed its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 2.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,740 shares of the specialty retailer’s stock after selling 1,480 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.17% of Ulta Beauty worth $39,182,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. VestGen Advisors LLC lifted its position in shares of Ulta Beauty by 1.8% in the 3rd quarter. VestGen Advisors LLC now owns 895 shares of the specialty retailer’s stock valued at $489,000 after acquiring an additional 16 shares in the last quarter. Root Financial Partners LLC grew its position in Ulta Beauty by 12.1% during the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after purchasing an additional 18 shares in the last quarter. Elevation Wealth Partners LLC grew its position in Ulta Beauty by 46.7% during the 3rd quarter. Elevation Wealth Partners LLC now owns 66 shares of the specialty retailer’s stock worth $36,000 after purchasing an additional 21 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Ulta Beauty by 0.6% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 3,583 shares of the specialty retailer’s stock worth $1,616,000 after purchasing an additional 23 shares in the last quarter. Finally, Avity Investment Management Inc. raised its stake in Ulta Beauty by 5.4% during the 3rd quarter. Avity Investment Management Inc. now owns 507 shares of the specialty retailer’s stock valued at $277,000 after purchasing an additional 26 shares during the period. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Ulta Beauty

In related news, CEO Kecia Steelman sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the completion of the sale, the chief executive officer owned 40,489 shares in the company, valued at $22,102,135.32. This represents a 4.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Lorna Nagler sold 600 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The shares were sold at an average price of $537.31, for a total value of $322,386.00. Following the completion of the sale, the director directly owned 7,168 shares in the company, valued at $3,851,438.08. This trade represents a 7.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.20% of the company’s stock.

Ulta Beauty Trading Down 1.2%

NASDAQ ULTA opened at $640.43 on Friday. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The company has a fifty day simple moving average of $564.84 and a 200 day simple moving average of $554.29. The company has a market cap of $27.38 billion, a P/E ratio of 23.34, a P/E/G ratio of 1.94 and a beta of 0.84.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter last year, the firm posted $5.78 EPS. The business’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. Equities research analysts forecast that Ulta Beauty Inc. will post 28.95 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on ULTA shares. Citigroup lowered Ulta Beauty from a “neutral” rating to a “market perform” rating in a research report on Tuesday, September 15th. Sanford C. Bernstein raised shares of Ulta Beauty to an “outperform” rating in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft boosted their price target on Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. The Goldman Sachs Group upped their price target on Ulta Beauty from $648.00 to $667.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Finally, FBN Securities initiated coverage on Ulta Beauty in a report on Tuesday, September 15th. They set an “outperform” rating on the stock. Twenty-four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty has an average rating of “Moderate Buy” and an average target price of $631.30.

Ulta Beauty Company Profile

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty’s private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.