Private Advisor Group LLC Sells 2,053 Shares of Ulta Beauty Inc. $ULTA

Private Advisor Group LLC reduced its stake in Ulta Beauty Inc. (NASDAQ:ULTAFree Report) by 20.2% in the 1st quarter, Holdings Channel reports. The firm owned 8,099 shares of the specialty retailer’s stock after selling 2,053 shares during the period. Private Advisor Group LLC’s holdings in Ulta Beauty were worth $4,234,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Fideuram Asset Management Ireland dac acquired a new stake in shares of Ulta Beauty in the fourth quarter worth $25,000. Strengthening Families & Communities LLC lifted its position in shares of Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after acquiring an additional 42 shares during the period. Hilton Head Capital Partners LLC grew its holdings in shares of Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new stake in shares of Ulta Beauty during the 4th quarter worth approximately $30,000. Finally, 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 purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Trading Up 0.3%

NASDAQ ULTA opened at $453.78 on Wednesday. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97. The company has a 50 day moving average of $488.51 and a 200-day moving average of $570.56. The firm has a market cap of $19.51 billion, a price-to-earnings ratio of 17.01, a PEG ratio of 1.41 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.Ulta Beauty’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the company earned $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ULTA shares. Argus set a $550.00 price target on shares of Ulta Beauty in a report on Thursday, June 18th. Wedbush began coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They issued an “outperform” rating for the company. Wells Fargo & Company cut their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research note on Wednesday, June 3rd. Barclays decreased their price objective on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Finally, Bank of America raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price for the company in a report on Tuesday, May 5th. 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 given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $638.09.

Read Our Latest Stock Analysis on ULTA

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.39% of the stock is owned by corporate insiders.

Ulta Beauty Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty Inc. (NASDAQ:ULTAFree Report).

Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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