Swedbank AB Has $337.16 Million Stock Position in Ulta Beauty Inc. $ULTA

Swedbank AB lowered its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.2% during the fourth quarter, Holdings Channel reports. The fund owned 557,271 shares of the specialty retailer’s stock after selling 24,235 shares during the period. Swedbank AB’s holdings in Ulta Beauty were worth $337,155,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Holocene Advisors LP lifted its position in shares of Ulta Beauty by 339.6% during the third quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock worth $207,732,000 after purchasing an additional 293,516 shares in the last quarter. Andra AP fonden increased its holdings in shares of Ulta Beauty by 351,900.0% in the third quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock valued at $125,096,000 after purchasing an additional 228,735 shares in the last quarter. Invesco Ltd. raised its position in Ulta Beauty by 33.6% in the 3rd 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 during the last quarter. Caisse de depot et placement du Quebec raised its position in Ulta Beauty by 249.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer’s stock worth $161,747,000 after purchasing an additional 211,266 shares during the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Ulta Beauty by 76.6% during the 2nd quarter. AQR Capital Management LLC now owns 477,504 shares of the specialty retailer’s stock worth $222,794,000 after buying an additional 207,084 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

ULTA has been the topic of a number of recent research reports. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. Barclays lowered Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research note on Monday, April 20th. UBS Group reiterated a “buy” rating and issued a $810.00 price target on shares of Ulta Beauty in a report on Friday, March 13th. Raymond James Financial reiterated a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $674.23.

Ulta Beauty Trading Up 2.8%

Shares of ULTA opened at $532.53 on Wednesday. The stock has a market cap of $23.20 billion, a P/E ratio of 20.78, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. Ulta Beauty Inc. has a 1 year low of $386.00 and a 1 year high of $714.97. The stock’s 50-day moving average price is $570.98 and its two-hundred day moving average price is $587.72.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly 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 company had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period last year, the firm posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 28.44 EPS for the current year.

Insider Transactions at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction dated 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 transaction, the director directly owned 2,383 shares in the company, valued at approximately $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.39% of the company’s stock.

Key Ulta Beauty News

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Bank of America upgraded ULTA to Buy from Neutral with a $685 price target, arguing the recent share?price pullback and conservative guidance create an attractive entry into a high?quality compounder. Ulta Beauty shares gain on Bank of America upgrade
• Positive Sentiment: Follow?on coverage (247wallst, CNBC, Yahoo Finance) echoed BofA’s case — emphasizing the 26% pullback from highs, the upside to BofA’s $685 target, and that lower near?term expectations improve the risk/reward for long?term investors. BofA Just Deemed Ulta Beauty a High-Quality Compounder
• Neutral Sentiment: Ulta’s digital initiatives — notably the Gemini?powered “Ulta AI” experience and a data tie?up with NielsenIQ — were highlighted as longer?term growth and personalization drivers; these are strategically positive but likely won’t change near?term comps. Will Ulta’s (ULTA) Gemini-Powered “Ulta AI” and NielsenIQ Tie-Up Change Its Digital Narrative?
• Neutral Sentiment: Brand and marketing mentions (partnerships like DoorDash promotions and celebrity visibility) support customer engagement but are incremental to fundamentals. DoorDash delivers memes, reality TV moms for Mother’s Day campaign

About Ulta Beauty

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.