Nykredit A S Acquires Shares of 26,288 Ulta Beauty Inc. $ULTA

Nykredit A S acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the second quarter, HoldingsChannel reports. The fund acquired 26,288 shares of the specialty retailer’s stock, valued at approximately $11,855,000.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in Ulta Beauty during the 2nd quarter worth about $1,815,712,000. State Street Corp lifted its position in shares of Ulta Beauty by 2.5% during the fourth quarter. State Street Corp now owns 2,025,565 shares of the specialty retailer’s stock worth $1,225,487,000 after purchasing an additional 50,305 shares in the last quarter. Diamant Asset Management Inc. grew its stake in shares of Ulta Beauty by 52,171.0% during the first quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock valued at $77,050,000 after purchasing an additional 1,471,222 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Ulta Beauty by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer’s stock valued at $747,587,000 after purchasing an additional 21,947 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its holdings in shares of Ulta Beauty by 0.3% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 974,223 shares of the specialty retailer’s stock valued at $589,415,000 after purchasing an additional 2,463 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 1.3%

NASDAQ:ULTA opened at $564.12 on Friday. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97. The firm has a market capitalization of $24.12 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 1.67 and a beta of 0.85. The business’s 50-day moving average price is $505.13 and its two-hundred day moving average price is $530.17.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.22 by $0.33. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%.The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the company earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Sell-side analysts predict that Ulta Beauty Inc. will post 28.93 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have issued reports on ULTA shares. Jefferies Financial Group reaffirmed a “buy” rating and set a $650.00 price objective on shares of Ulta Beauty in a report on Friday, August 28th. Canaccord Genuity Group lowered their price objective 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. Piper Sandler cut their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Argus set a $550.00 target price on shares of Ulta Beauty in a research note on Thursday, June 18th. Finally, Citigroup lifted their price target on shares of Ulta Beauty from $560.00 to $580.00 and gave the stock a “neutral” rating in a research report on Friday, August 28th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $626.59.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.20% of the company’s stock.

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.