Ulta Beauty Inc. $ULTA Stock Holdings Lowered by UNIVEST FINANCIAL Corp

UNIVEST FINANCIAL Corp cut its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 8.9% during the 1st quarter, HoldingsChannel reports. The firm owned 15,628 shares of the specialty retailer’s stock after selling 1,528 shares during the quarter. UNIVEST FINANCIAL Corp’s holdings in Ulta Beauty were worth $8,169,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ULTA. Optimize Financial Inc raised its holdings in shares of Ulta Beauty by 1.4% during the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after buying an additional 16 shares during the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Ulta Beauty by 6.9% during the 4th 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 in the last quarter. Sound Income Strategies LLC raised its stake in Ulta Beauty by 13.1% during the 4th quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after acquiring an additional 17 shares in the last quarter. Legacy Advisors LLC boosted its position in Ulta Beauty by 1.2% during the 4th quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after acquiring an additional 18 shares during the period. Finally, Root Financial Partners LLC boosted its position in Ulta Beauty by 12.1% during the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after acquiring an additional 18 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. 0.17% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on ULTA shares. TD Cowen lowered their price target on Ulta Beauty from $700.00 to $600.00 and set a “buy” rating on the stock in a report on Tuesday, June 9th. Weiss Ratings downgraded shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 3rd. DA Davidson decreased their target price on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Wedbush began coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They set an “outperform” rating on the stock. Finally, Robert W. Baird reduced their price target on shares of Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and an average target price of $638.09.

Ulta Beauty Price Performance

Shares of Ulta Beauty stock traded up $8.96 during trading on Friday, hitting $469.20. The stock had a trading volume of 425,933 shares, compared to its average volume of 703,513. The business has a fifty day moving average of $484.04 and a two-hundred day moving average of $567.92. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The firm has a market cap of $20.17 billion, a P/E ratio of 17.59, a PEG ratio of 1.46 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous 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. As a group, research analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

About Ulta Beauty

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.