Lombard Odier Asset Management Switzerland SA Invests $798,000 in Ulta Beauty Inc. $ULTA

Lombard Odier Asset Management Switzerland SA bought a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,526 shares of the specialty retailer’s stock, valued at approximately $798,000.

Several other hedge funds also recently modified their holdings of ULTA. Focus Partners Wealth boosted its holdings in Ulta Beauty by 231.6% during the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock worth $1,372,000 after acquiring an additional 2,615 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of Ulta Beauty by 48.9% in the first quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock valued at $1,758,000 after purchasing an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC bought a new position in shares of Ulta Beauty during the second quarter valued at about $466,000. Jump Financial LLC bought a new position in shares of Ulta Beauty during the second quarter valued at about $1,196,000. Finally, Daiwa Securities Group Inc. lifted its position in shares of Ulta Beauty by 0.9% during the second quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock valued at $3,497,000 after purchasing an additional 70 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares in the company, valued at $1,143,919.36. This trade represents a 13.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

ULTA has been the subject of a number of recent analyst reports. Barclays reduced their price objective on shares of Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Morgan Stanley cut their target price on Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Piper Sandler reduced their target price on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. The Goldman Sachs Group decreased their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Finally, B. Riley Financial dropped their price target on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and an average price target of $638.09.

Ulta Beauty Stock Up 1.1%

Shares of ULTA stock opened at $480.51 on Tuesday. The firm has a market cap of $20.66 billion, a P/E ratio of 18.02, a PEG ratio of 1.48 and a beta of 0.88. The company has a 50 day moving average of $476.58 and a 200-day moving average of $557.12. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97.

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. As a group, equities analysts expect that Ulta Beauty Inc. will post 28.77 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.