Rathbones Group PLC Boosts Holdings in Ulta Beauty Inc. $ULTA

Rathbones Group PLC increased its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 12.8% during the 1st quarter, Holdings Channel reports. The institutional investor owned 116,394 shares of the specialty retailer’s stock after purchasing an additional 13,190 shares during the quarter. Rathbones Group PLC’s holdings in Ulta Beauty were worth $60,840,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in ULTA. Focus Partners Wealth lifted its stake in shares of Ulta Beauty by 231.6% in the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after purchasing an additional 2,615 shares during the last quarter. Intech Investment Management LLC increased its position in shares of Ulta Beauty by 48.9% during the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock worth $1,758,000 after purchasing an additional 1,574 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in shares of Ulta Beauty during the 2nd quarter worth about $466,000. Jump Financial LLC acquired a new stake in shares of Ulta Beauty during the 2nd quarter worth about $1,196,000. Finally, Daiwa Securities Group Inc. raised its holdings in Ulta Beauty by 0.9% in the 2nd quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock valued at $3,497,000 after buying an additional 70 shares during the period. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have commented on ULTA shares. Guggenheim assumed coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They issued a “buy” rating on the stock. B. Riley Financial reduced their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Loop Capital restated a “hold” rating and issued a $550.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. Argus set a $550.00 price objective on shares of Ulta Beauty in a research report on Thursday, June 18th. Finally, Barclays dropped their target price on shares of Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $512.83 on Monday. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The stock has a market capitalization of $22.05 billion, a PE ratio of 19.23, a P/E/G ratio of 1.60 and a beta of 0.87. The firm has a 50 day moving average of $477.49 and a two-hundred day moving average of $552.88.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) 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 for the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the firm earned $6.70 earnings per share. The company’s revenue for the quarter 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. Analysts expect that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal 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.