Ulta Beauty Inc. $ULTA Shares Acquired by GM Advisory Group LLC

GM Advisory Group LLC grew its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 127.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,853 shares of the specialty retailer’s stock after purchasing an additional 4,395 shares during the period. GM Advisory Group LLC’s holdings in Ulta Beauty were worth $4,105,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in ULTA. Optimize Financial Inc grew its stake in Ulta Beauty by 1.4% during the 4th quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock worth $711,000 after buying an additional 16 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Ulta Beauty by 6.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after buying an additional 17 shares during the last quarter. Sound Income Strategies LLC raised its stake in Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after buying an additional 17 shares during the last quarter. Legacy Advisors LLC boosted its holdings in Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after acquiring an additional 18 shares in the last quarter. Finally, Root Financial Partners LLC boosted its holdings in Ulta Beauty by 12.1% in the first quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after acquiring an additional 18 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on ULTA. The Goldman Sachs Group dropped their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Jefferies Financial Group upgraded shares of Ulta Beauty from a “hold” rating to a “buy” rating and lifted their target price for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. Oppenheimer dropped their target price on shares of Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating on the stock in a research report on Friday, March 13th. JPMorgan Chase & Co. dropped their target price on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Finally, Evercore set a $635.00 price target on shares of Ulta Beauty in a research note on Wednesday, June 3rd. One 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 issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $638.09.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $461.33 on Friday. The firm has a market cap of $19.83 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The business’s 50-day moving average price is $492.85 and its 200 day moving average price is $572.59.

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

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is currently owned by company insiders.

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.