1,590 Shares in Ulta Beauty Inc. $ULTA Bought by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. purchased a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 1,590 shares of the specialty retailer’s stock, valued at approximately $868,000.

A number of other institutional investors and hedge funds have also bought and sold shares of ULTA. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Ulta Beauty during the 2nd quarter valued at $33,021,000. Vise Technologies Inc. purchased a new position in shares of Ulta Beauty in the second quarter worth $1,033,000. Tidal Investments LLC increased its stake in shares of Ulta Beauty by 34.6% in the second quarter. Tidal Investments LLC now owns 17,553 shares of the specialty retailer’s stock worth $7,916,000 after buying an additional 4,513 shares during the period. Beacon Pointe Advisors LLC bought a new stake in Ulta Beauty during the 2nd quarter valued at $8,311,000. Finally, Raiffeisen Bank International AG raised its holdings in Ulta Beauty by 9,728.1% during the 2nd quarter. Raiffeisen Bank International AG now owns 3,145 shares of the specialty retailer’s stock valued at $1,444,000 after buying an additional 3,113 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on ULTA. BMO Capital Markets initiated coverage on shares of Ulta Beauty in a report on Tuesday, September 8th. They issued a “market perform” rating and a $580.00 price target on the stock. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Ulta Beauty from $692.00 to $695.00 and gave the company a “buy” rating in a research note on Tuesday, August 25th. DA Davidson reissued a “buy” rating and issued a $625.00 target price on shares of Ulta Beauty in a research note on Monday, September 14th. Cantor Fitzgerald started coverage on Ulta Beauty in a report on Tuesday, September 15th. They set an “overweight” rating on the stock. Finally, The Goldman Sachs Group upped their price target on Ulta Beauty from $648.00 to $667.00 and gave the company a “buy” rating in a research report on Friday, August 28th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $631.30.

Ulta Beauty Price Performance

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

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping the consensus estimate of $6.22 by $0.33. The business 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 quarterly revenue was up 8.9% compared to the same quarter last year. During the same period last year, the business posted $5.78 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Research analysts anticipate that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.

Insider Buying and Selling at Ulta Beauty

In other Ulta Beauty news, Director Lorna Nagler sold 600 shares of the firm’s stock in a transaction on Friday, September 11th. The stock was sold at an average price of $537.31, for a total transaction of $322,386.00. Following the completion of the transaction, the director owned 7,168 shares of the company’s stock, valued at approximately $3,851,438.08. This trade represents a 7.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Kecia Steelman sold 2,000 shares of the business’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 sale, the chief executive officer directly owned 40,489 shares in the company, valued at $22,102,135.32. The trade was a 4.71% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.20% of the company’s stock.

Ulta Beauty Company Profile

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.