Lombard Odier Asset Management Switzerland SA Takes Position in Ulta Beauty Inc. $ULTA

Lombard Odier Asset Management Switzerland SA purchased a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 1,526 shares of the specialty retailer’s stock, valued at approximately $798,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Focus Partners Wealth boosted its stake in Ulta Beauty by 231.6% during the first quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after buying an additional 2,615 shares during the period. Intech Investment Management LLC increased its stake in Ulta Beauty by 48.9% in the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock worth $1,758,000 after acquiring an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Ulta Beauty in the 2nd quarter worth about $466,000. Jump Financial LLC purchased a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $1,196,000. Finally, Daiwa Securities Group Inc. raised its holdings in shares of Ulta Beauty by 0.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock valued at $3,497,000 after acquiring an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s 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 completion of the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.

Ulta Beauty Stock Up 1.1%

Ulta Beauty stock opened at $480.51 on Tuesday. The firm has a fifty day simple moving average of $476.58 and a two-hundred day simple moving average of $557.12. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The company has a market capitalization of $20.66 billion, a PE ratio of 18.02, a P/E/G ratio of 1.48 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping 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 business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the previous year, the firm earned $6.70 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, equities analysts expect that Ulta Beauty Inc. will post 28.77 earnings per share for the current fiscal year.

Analyst Ratings Changes

ULTA has been the subject of a number of research analyst reports. Barclays dropped their price target on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Wedbush initiated coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating on the stock. JPMorgan Chase & Co. dropped their target price on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Argus set a $550.00 price target on shares of Ulta Beauty in a research note on Thursday, June 18th. Finally, Weiss Ratings cut shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $638.09.

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.