Korea Investment CORP Acquires 24,471 Shares of Ulta Beauty Inc. $ULTA

Korea Investment CORP grew its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 85.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 53,249 shares of the specialty retailer’s stock after purchasing an additional 24,471 shares during the quarter. Korea Investment CORP’s holdings in Ulta Beauty were worth $29,114,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty in the third quarter valued at $25,000. Cary Street Partners Investment Advisory LLC lifted its position in Ulta Beauty by 107.7% during the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after buying an additional 28 shares in the last quarter. Grey Fox Wealth Advisors LLC bought a new stake in Ulta Beauty during the 3rd quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new stake in Ulta Beauty during the 3rd quarter worth about $31,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in Ulta Beauty in the 2nd quarter valued at about $35,000. Institutional investors own 90.39% of the company’s stock.

Key Ulta Beauty News

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

• Positive Sentiment: Morgan Stanley reaffirmed a Buy and kept a $750 price target, signaling confidence in near‑term outperformance and 2026 targets. Article Title
• Positive Sentiment: Telsey Advisory raised its price target to $715 and kept an Outperform rating, supporting upside expectations ahead of earnings. Article Title
• Positive Sentiment: Barclays lifted its target to $712 with an Overweight rating — another vote of confidence that suggests analyst buy‑side support. Article Title
• Positive Sentiment: Ulta is expanding exclusive brand partnerships (Hairstory into 300+ stores, NassifMD on UB Marketplace) and running the multi‑week “21 Days of Beauty” promotion — moves that can boost traffic, margins on exclusives and loyalty. Article Title
• Neutral Sentiment: Ulta is on a crowded earnings calendar this week; investors will be parsing guidance, comp trends, loyalty metrics and any AI/tech‑driven commentary. This creates event risk but also upside if results beat. Article Title
• Neutral Sentiment: Wall Street previews (Yahoo/Zacks) urge focus beyond headline revenue/EPS to metrics such as comp sales, average ticket, loyalty growth and gross margin mix — items that will drive the stock post‑earnings. Article Title Article Title
• Neutral Sentiment: High‑profile media commentary (Jim Cramer) has increased attention ahead of the print; such coverage can amplify intraday moves but is not a direct indicator of fundamentals. Article Title
• Negative Sentiment: Wells Fargo moved its target up to $500 but kept an Underweight rating — the low target and bearish stance create downward pressure and give investors a reason to take profits or trim positions. Article Title

Ulta Beauty Trading Down 0.6%

Shares of NASDAQ ULTA opened at $642.22 on Tuesday. Ulta Beauty Inc. has a 1 year low of $309.01 and a 1 year high of $714.97. The firm’s 50-day moving average is $665.13 and its 200-day moving average is $585.21. The firm has a market capitalization of $28.49 billion, a PE ratio of 24.63, a price-to-earnings-growth ratio of 3.01 and a beta of 0.82.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ULTA shares. Telsey Advisory Group boosted their target price on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a research note on Monday. Zacks Research lowered shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. Piper Sandler restated an “overweight” rating and issued a $775.00 price objective on shares of Ulta Beauty in a research report on Tuesday, January 27th. Jefferies Financial Group began coverage on Ulta Beauty in a report on Wednesday, January 14th. They set a “hold” rating and a $700.00 price objective on the stock. Finally, Barclays increased their price objective on Ulta Beauty from $680.00 to $712.00 and gave the company an “overweight” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and an average price target of $633.12.

Ulta Beauty Company 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.