Comerica Bank Trims Holdings in Ulta Beauty Inc. $ULTA

Comerica Bank decreased its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 14.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,611 shares of the specialty retailer’s stock after selling 1,156 shares during the quarter. Comerica Bank’s holdings in Ulta Beauty were worth $4,000,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Grey Fox Wealth Advisors LLC purchased a new stake in Ulta Beauty in the third quarter worth $31,000. Abich Financial Wealth Management LLC purchased a new stake in Ulta Beauty in the third quarter worth $31,000. BOKF NA purchased a new stake in Ulta Beauty in the third quarter worth $31,000. Steigerwald Gordon & Koch Inc. increased its stake in Ulta Beauty by 2,550.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after purchasing an additional 51 shares during the period. Finally, Tobam purchased a new stake in Ulta Beauty in the third quarter worth $43,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s 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 sale, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by insiders.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Ulta announced a strategic data-sharing collaboration with NielsenIQ to improve marketplace visibility and merchandising decisions — a capability that can help optimize assortment, promotions and vendor relationships. NIQ and Ulta Beauty Announce Strategic Data Sharing Collaboration
• Positive Sentiment: Ulta released its full 2026 sale calendar, giving investors more visibility into planned promotional cadence — this can help model sales/traffic timing and suggests management is actively driving demand through planned events. Ulta releases full 2026 sale calendar for beauty deals
• Positive Sentiment: New product arrivals and weekly merchandising updates (e.g., dozen+ “new arrivals” items) support traffic and basket growth — continual product refresh helps Ulta sustain relevance vs. mass retailers. 11 Best Ulta Beauty “New Arrivals” Hitting Shelves This Week
• Neutral Sentiment: Analyst / media coverage notes Ulta is a trending stock and reviews valuation after recent pullbacks — useful for investors but not an immediate fundamental catalyst. Here is What to Know Beyond Why Ulta Beauty Inc. (ULTA) is a Trending Stock
• Neutral Sentiment: Market commentary noting recent modest outperformance or “lapping the market” provides sentiment context but is not a standalone driver. Ulta Beauty (ULTA) Laps the Stock Market: Here’s Why
• Negative Sentiment: Target and Ulta have ended their five‑year in‑store partnership. That reduces a non‑store distribution channel and the convenience of linked rewards for Target shoppers — a near-term headwind to reach and incremental sales. Walmart makes in-store move to challenge Target
• Negative Sentiment: Walmart is ramping in-store beauty initiatives to compete with Target and specialty retailers, increasing competitive pressure on Ulta’s market share in mass channels. Walmart makes in-store move to challenge Target

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Zacks Research lowered Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft set a $732.00 price target on Ulta Beauty in a research note on Thursday, January 8th. Barclays lowered Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research note on Monday, April 20th. UBS Group restated a “buy” rating and set a $810.00 price target on shares of Ulta Beauty in a research note on Friday, March 13th. Finally, Guggenheim assumed coverage on Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ulta Beauty has an average rating of “Moderate Buy” and an average price target of $674.23.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $531.95 on Friday. 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 is $573.99 and its 200 day moving average is $587.43. The company has a market cap of $23.17 billion, a P/E ratio of 20.75, a PEG ratio of 1.95 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter last year, the company earned $8.46 earnings per share. The firm’s revenue for the quarter was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, analysts anticipate that Ulta Beauty Inc. will post 28.44 EPS for the current year.

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.