Pacer Advisors Inc. Boosts Stake in Ulta Beauty Inc. $ULTA

Pacer Advisors Inc. raised its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 198.7% in the fourth quarter, Holdings Channel.com reports. The fund owned 10,707 shares of the specialty retailer’s stock after buying an additional 7,122 shares during the quarter. Pacer Advisors Inc.’s holdings in Ulta Beauty were worth $6,478,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. MassMutual Private Wealth & Trust FSB grew its position in Ulta Beauty by 6.9% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 17 shares during the period. Sound Income Strategies LLC boosted its position in shares of Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock worth $98,000 after buying an additional 17 shares during the period. Legacy Advisors LLC boosted its position in shares of Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after buying an additional 18 shares during the period. State of Wyoming boosted its position in shares of Ulta Beauty by 10.5% in the third quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock worth $115,000 after buying an additional 20 shares during the period. Finally, 180 Wealth Advisors LLC boosted its position in shares of Ulta Beauty by 2.0% in the fourth quarter. 180 Wealth Advisors LLC now owns 996 shares of the specialty retailer’s stock worth $602,000 after buying an additional 20 shares during the period. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on ULTA. Bank of America raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price for the company in a research report on Tuesday, May 5th. DA Davidson reaffirmed a “buy” rating and issued a $650.00 target price on shares of Ulta Beauty in a research report on Tuesday, April 14th. Evercore set a $725.00 target price on Ulta Beauty in a research report on Wednesday, March 11th. TD Cowen began coverage on Ulta Beauty in a research report on Monday, April 20th. They issued a “buy” rating for the company. Finally, Raymond James Financial reaffirmed a “strong-buy” rating on shares of Ulta Beauty 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, seven have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $674.23.

Ulta Beauty Stock Performance

Shares of ULTA opened at $492.14 on Thursday. The company has a market capitalization of $21.44 billion, a P/E ratio of 19.20, a P/E/G ratio of 1.76 and a beta of 0.89. Ulta Beauty Inc. has a one year low of $402.50 and a one year high of $714.97. The stock has a 50-day moving average price of $550.87 and a 200 day moving average price of $587.21.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to the consensus estimate 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 for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the business posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities research analysts forecast that Ulta Beauty Inc. will post 28.45 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 0.17% of the company’s stock.

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.