HighTower Advisors LLC Has $38.51 Million Stock Holdings in Ulta Beauty Inc. $ULTA

HighTower Advisors LLC cut its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 10.8% during the fourth quarter, Holdings Channel reports. The firm owned 63,647 shares of the specialty retailer’s stock after selling 7,711 shares during the quarter. HighTower Advisors LLC’s holdings in Ulta Beauty were worth $38,507,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ULTA. Focus Partners Wealth raised its position in shares of Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock worth $1,372,000 after purchasing an additional 2,615 shares during the period. Intech Investment Management LLC raised its position in shares of Ulta Beauty by 48.9% during the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock worth $1,758,000 after purchasing an additional 1,574 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Ulta Beauty during the second quarter worth $466,000. Jump Financial LLC acquired a new stake in shares of Ulta Beauty during the second quarter worth $1,196,000. Finally, Daiwa Securities Group Inc. raised its position in shares of Ulta Beauty by 0.9% during the second quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock worth $3,497,000 after purchasing an additional 70 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on ULTA shares. Telsey Advisory Group boosted their target price on Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research report on Monday, March 9th. UBS Group reaffirmed a “buy” rating and issued a $810.00 target price on shares of Ulta Beauty in a research report on Friday, March 13th. Evercore set a $725.00 target price on Ulta Beauty in a research report on Wednesday, March 11th. Barclays cut Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research report on Monday, April 20th. Finally, Canaccord Genuity Group raised their target price on Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $687.95.

Insider Transactions at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty 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 of the company’s stock, 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 document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.17% of the company’s stock.

Ulta Beauty Stock Up 2.2%

Shares of Ulta Beauty stock opened at $504.05 on Friday. The stock has a market cap of $21.96 billion, a PE ratio of 19.67, a price-to-earnings-growth ratio of 1.71 and a beta of 0.89. The business has a fifty day simple moving average of $531.50 and a 200-day simple moving average of $586.20. Ulta Beauty Inc. has a 12 month low of $402.76 and a 12 month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping the consensus estimate of $7.93 by $0.08. The business had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.Ulta Beauty’s revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Analysts expect that Ulta Beauty Inc. will post 28.47 EPS for the current fiscal year.

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.