S Bank Fund Management Ltd Buys 1,407 Shares of Ulta Beauty Inc. $ULTA

S Bank Fund Management Ltd raised its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 11.3% during the fourth quarter, Holdings Channel reports. The firm owned 13,900 shares of the specialty retailer’s stock after buying an additional 1,407 shares during the quarter. Ulta Beauty makes up approximately 1.1% of S Bank Fund Management Ltd’s portfolio, making the stock its 24th biggest position. S Bank Fund Management Ltd’s holdings in Ulta Beauty were worth $8,410,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Steigerwald Gordon & Koch Inc. increased its position in shares of Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after buying an additional 51 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in Ulta Beauty in the third quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new stake in Ulta Beauty during the 3rd quarter valued at approximately $31,000. BOKF NA purchased a new position in shares of Ulta Beauty during the 3rd quarter worth approximately $31,000. Finally, Flagship Harbor Advisors LLC purchased a new position in shares of Ulta Beauty during the 4th quarter worth approximately $44,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Bank of America upgraded ULTA to Buy from Neutral and kept a $685 price target, citing a pullback that creates an attractive entry into a high‑quality compounder and a “flywheel” for growth. This upgrade and favorable analyst commentary are the main near‑term drivers behind the stock move. Article Title
• Positive Sentiment: Multiple outlets echoed BofA’s view (coverage in Yahoo/247WallSt), reinforcing investor attention to the upgrade and the implied ~28% upside to the $685 target. Consensus framing increases buying interest among momentum and value investors. Article Title
• Positive Sentiment: Ulta’s Gemini‑powered “Ulta AI” and NielsenIQ partnership aim to improve product discovery, personalization and merchandising — moves that could lift digital conversion, basket size and margins over time. Investors view this as strategic modernization of omnichannel capabilities. Article Title
• Neutral Sentiment: Marketing and partnership mentions (DoorDash Mother’s Day campaign featuring deals with Ulta, celebrity/social coverage) offer modest promotional tailwinds for seasonal traffic but are unlikely to move fundamentals materially on their own. Article Title
• Negative Sentiment: Walmart is expanding its beauty assortment to better rival Target, a development that increases competitive pressure in mass beauty retailing and could weigh on Ulta’s market share and margin expansion over time. Investors will watch how Ulta differentiates on assortment, service and loyalty. Article Title

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total transaction of $243,759.08. Following the completion of the sale, the director directly owned 2,383 shares in the company, valued at approximately $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 0.39% of the company’s stock.

Ulta Beauty Price Performance

ULTA stock opened at $532.53 on Wednesday. Ulta Beauty Inc. has a 1 year low of $386.00 and a 1 year high of $714.97. The company has a market cap of $23.20 billion, a P/E ratio of 20.78, a price-to-earnings-growth ratio of 1.90 and a beta of 0.89. The stock’s fifty day moving average price is $570.98 and its 200-day moving average price is $587.72.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data 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 company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, analysts expect that Ulta Beauty Inc. will post 28.44 earnings per share for the current year.

Analysts Set New Price Targets

ULTA has been the subject of a number of research analyst reports. Telsey Advisory Group raised their target price on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ulta Beauty in a research note on Wednesday, January 21st. Barclays lowered Ulta Beauty from an “overweight” rating to a “strong sell” rating in a research report on Monday, April 20th. Wedbush assumed coverage on shares of Ulta Beauty in a report on Monday, April 20th. They set an “outperform” rating on the stock. Finally, Canaccord Genuity Group upped their target price on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $674.23.

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.