Ulta Beauty Inc. $ULTA Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC grew its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 167.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,603 shares of the specialty retailer’s stock after purchasing an additional 8,514 shares during the quarter. Sanctuary Advisors LLC’s holdings in Ulta Beauty were worth $8,230,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. lifted its stake in shares of Ulta Beauty by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock worth $3,253,047,000 after purchasing an additional 23,434 shares in the last quarter. State Street Corp lifted its stake in shares of Ulta Beauty by 2.3% during the third quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock worth $1,079,973,000 after purchasing an additional 44,182 shares in the last quarter. Sanders Capital LLC lifted its stake in shares of Ulta Beauty by 8.9% during the third quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock worth $690,994,000 after purchasing an additional 103,540 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Ulta Beauty by 33.6% during the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after purchasing an additional 211,485 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in shares of Ulta Beauty by 7.5% during the third quarter. Franklin Resources Inc. now owns 626,093 shares of the specialty retailer’s stock worth $342,316,000 after purchasing an additional 43,458 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insiders Place Their Bets

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.39% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Piper Sandler restated an “overweight” rating and set a $725.00 price objective (down from $775.00) on shares of Ulta Beauty in a research note on Friday, March 13th. Deutsche Bank Aktiengesellschaft set a $732.00 target price on Ulta Beauty in a report on Thursday, January 8th. Jefferies Financial Group upgraded Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $635.00 to $700.00 in a research report on Monday, April 20th. UBS Group reiterated a “buy” rating and set a $810.00 price objective on shares of Ulta Beauty in a research report on Friday, March 13th. Finally, Evercore set a $725.00 target price on Ulta Beauty in a research report on Wednesday, March 11th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty presently has a consensus rating of “Moderate Buy” and a consensus target price of $674.23.

Ulta Beauty Price Performance

ULTA opened at $538.15 on Wednesday. The company has a market capitalization of $23.44 billion, a price-to-earnings ratio of 21.00, a price-to-earnings-growth ratio of 1.98 and a beta of 0.95. Ulta Beauty Inc. has a 1-year low of $377.63 and a 1-year high of $714.97. The business has a 50 day moving average price of $580.28 and a two-hundred day moving average price of $587.87.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Equities analysts expect that Ulta Beauty Inc. will post 28.44 EPS 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.