Bull Harbor Capital LLC Makes New Investment in Ulta Beauty Inc. $ULTA

Bull Harbor Capital LLC bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 1,530 shares of the specialty retailer’s stock, valued at approximately $800,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ulta Beauty during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC grew its position in shares of Ulta Beauty by 860.0% in the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 43 shares in the last quarter. Strengthening Families & Communities LLC grew its position in shares of Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 42 shares in the last quarter. Ascentis Independent Advisors bought a new stake in shares of Ulta Beauty during the 1st quarter valued at $29,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in shares of Ulta Beauty during the 4th quarter valued at $30,000. Institutional investors own 90.39% of the company’s stock.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction 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. 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 this link. 0.20% of the stock is owned by insiders.

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $516.73 on Friday. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The stock has a fifty day moving average of $477.54 and a 200 day moving average of $553.93. The firm has a market capitalization of $22.21 billion, a price-to-earnings ratio of 19.37, a P/E/G ratio of 1.58 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share 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 business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the prior year, the company earned $6.70 EPS. The company’s quarterly 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. Equities analysts forecast that Ulta Beauty Inc. will post 28.77 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on ULTA shares. B. Riley Financial dropped their price objective on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Citigroup decreased their price target on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. UBS Group lowered their price target on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Bank of America upgraded shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective for the company in a research report on Tuesday, May 5th. Finally, DA Davidson reduced their price objective on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” 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 given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

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.