Soltis Investment Advisors LLC Invests $3.07 Million in Ulta Beauty Inc. $ULTA

Soltis Investment Advisors LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,066 shares of the specialty retailer’s stock, valued at approximately $3,065,000.

Several other hedge funds have also recently bought and sold shares of ULTA. Keybank National Association OH increased its position in Ulta Beauty by 1.6% during the third quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer’s stock worth $73,204,000 after purchasing an additional 2,121 shares during the last quarter. Rakuten Investment Management Inc. acquired a new position in shares of Ulta Beauty in the 3rd quarter valued at $71,997,000. Bowen Hanes & Co. Inc. purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at $6,012,000. Allianz Asset Management GmbH grew its stake in shares of Ulta Beauty by 979.1% during the 3rd quarter. Allianz Asset Management GmbH now owns 74,201 shares of the specialty retailer’s stock valued at $40,569,000 after buying an additional 67,325 shares during the period. Finally, Cookson Peirce & Co. Inc. acquired a new stake in shares of Ulta Beauty during the 3rd quarter worth $1,008,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $494.28 on Monday. The company has a market capitalization of $21.53 billion, a price-to-earnings ratio of 19.29, a price-to-earnings-growth ratio of 1.72 and a beta of 0.89. The company has a 50 day moving average of $544.12 and a two-hundred day moving average of $586.87. Ulta Beauty Inc. has a 52-week low of $402.50 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The firm had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.81 billion. During the same quarter in the previous year, the firm posted $8.46 EPS. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, equities analysts anticipate that Ulta Beauty Inc. will post 28.47 earnings per share for the current year.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the transaction, the director 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.39% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on ULTA shares. TD Cowen began coverage on Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating for the company. Evercore set a $725.00 target price on Ulta Beauty in a report on Wednesday, March 11th. Telsey Advisory Group raised their price target on shares of Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a report on Monday, March 9th. Zacks Research cut shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Finally, Morgan Stanley decreased their price objective on shares of Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating for the company in a research note on Friday, March 13th. 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $687.95.

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.