Los Angeles Capital Management LLC Sells 11,390 Shares of Ulta Beauty Inc. $ULTA

Los Angeles Capital Management LLC trimmed its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 70.4% in the fourth quarter, HoldingsChannel reports. The firm owned 4,778 shares of the specialty retailer’s stock after selling 11,390 shares during the period. Los Angeles Capital Management LLC’s holdings in Ulta Beauty were worth $2,891,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in shares of Ulta Beauty during the fourth quarter valued at about $430,963,000. Holocene Advisors LP grew its stake in shares of Ulta Beauty by 339.6% in the 3rd quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock valued at $207,732,000 after buying an additional 293,516 shares during the period. Andra AP fonden grew its stake in shares of Ulta Beauty by 351,900.0% in the 3rd quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock valued at $125,096,000 after buying an additional 228,735 shares during the period. Invesco Ltd. increased its position in Ulta Beauty by 33.6% in the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock valued at $459,479,000 after buying an additional 211,485 shares in the last quarter. Finally, Caisse de depot et placement du Quebec increased its position in Ulta Beauty by 249.8% in the 3rd quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer’s stock valued at $161,747,000 after buying an additional 211,266 shares in the last quarter. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Trading Up 3.3%

Shares of NASDAQ:ULTA opened at $477.90 on Wednesday. The stock’s fifty day simple moving average is $519.35 and its two-hundred day simple moving average is $583.97. Ulta Beauty Inc. has a 1-year low of $452.00 and a 1-year high of $714.97. The stock has a market cap of $20.54 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 1.44 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating the consensus estimate 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 during the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the company earned $6.70 earnings per share. Ulta Beauty’s revenue was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, sell-side analysts forecast that Ulta Beauty Inc. will post 28.72 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ULTA shares. UBS Group cut their price target on Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Weiss Ratings downgraded Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 3rd. Wedbush started coverage on Ulta Beauty in a research report on Monday, April 20th. They set an “outperform” rating on the stock. Guggenheim assumed coverage on Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating on the stock. Finally, Citigroup reduced their price target on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $644.91.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the transaction, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.39% of the stock is owned by corporate insiders.

Key Ulta Beauty News

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

• Positive Sentiment: Several recent pieces highlighted that Ulta’s Q1 results beat expectations, with strong sales growth across in-store and digital channels, especially in fragrance and prestige beauty, reinforcing the view that demand remains resilient. 5 Insightful Analyst Questions From Ulta’s Q1 Earnings Call
• Positive Sentiment: Analysts also pointed to Ulta as one of the retail names still benefiting from a strong quarter and raised guidance, which supports the case for the stock as a relative winner in a tough retail environment. 3 Retail Stocks to Watch After Crushing Q1 EPS Expectations: FIVE, ULTA, VSXY
• Positive Sentiment: Ulta shareholders approved governance and incentive changes, a routine corporate update that may be viewed as supportive of management alignment and operational discipline. Ulta Beauty Shareholders Approve Governance and Incentive Changes
• Neutral Sentiment: Ulta is drawing attention around brand-building efforts, including a planned experiential Times Square store and new product launches at its locations, which could help traffic but are not immediate financial catalysts. Ulta Beauty plans experiential Times Square store
• Negative Sentiment: Bearish commentary continues to question whether Ulta’s recent earnings strength is sustainable, with some investors worried that long-term growth is slowing and margin gains may not last. Is Ulta Beauty Losing Its Glamour? Why Investors Are Dumping ULTA Stock
• Negative Sentiment: Another note said Ulta’s latest earnings were “ugly,” arguing that guidance and margin improvement tied partly to lower shrink may not be durable, adding pressure on the stock. Ulta Beauty Earnings Were Ugly. We’re Pulling Our Recommendation.

Ulta Beauty 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.