Ulta Beauty Inc. $ULTA Stock Acquired by One Way Holdings LLC

One Way Holdings LLC raised its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 68.0% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 32,786 shares of the specialty retailer’s stock after purchasing an additional 13,271 shares during the quarter. One Way Holdings LLC’s holdings in Ulta Beauty were worth $17,907,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Nippon Life Global Investors Americas Inc. purchased a new stake in Ulta Beauty during the third quarter valued at approximately $868,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Ulta Beauty in the 3rd quarter worth $6,680,000. SFE Investment Counsel raised its holdings in Ulta Beauty by 33.4% in the 3rd quarter. SFE Investment Counsel now owns 794 shares of the specialty retailer’s stock worth $434,000 after purchasing an additional 199 shares during the period. Vise Technologies Inc. lifted its position in Ulta Beauty by 46.1% during the third quarter. Vise Technologies Inc. now owns 3,349 shares of the specialty retailer’s stock valued at $1,829,000 after purchasing an additional 1,057 shares in the last quarter. Finally, MGO One Seven LLC lifted its position in Ulta Beauty by 5.4% during the third quarter. MGO One Seven LLC now owns 1,472 shares of the specialty retailer’s stock valued at $804,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $640.43 on Monday. The stock has a market cap of $27.38 billion, a P/E ratio of 23.34, a PEG ratio of 1.91 and a beta of 0.83. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The firm’s 50 day moving average price is $564.84 and its 200-day moving average price is $554.29.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. The firm had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. Ulta Beauty’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $5.78 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities analysts expect that Ulta Beauty Inc. will post 28.94 EPS for the current year.

Insider Activity

In other news, CEO Kecia Steelman sold 2,000 shares of the firm’s stock in a transaction dated 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 transaction, the chief executive officer owned 40,489 shares in the company, valued at $22,102,135.32. This trade represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Lorna Nagler sold 600 shares of Ulta Beauty stock in a transaction dated Friday, September 11th. The stock was 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the stock. Sanford C. Bernstein raised shares of Ulta Beauty to an “outperform” rating in a report on Tuesday, September 15th. TD Cowen began coverage on shares of Ulta Beauty in a research note on Friday. They issued a “strong-buy” rating for the company. The Goldman Sachs Group lifted their target price on shares of Ulta Beauty from $648.00 to $667.00 and gave the company a “buy” rating in a research note on Friday, August 28th. DA Davidson reaffirmed a “buy” rating and issued a $625.00 target price on shares of Ulta Beauty in a report on Monday, September 14th. Finally, Weiss Ratings upgraded Ulta Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $631.30.

About Ulta Beauty

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.