Night Squared LP Decreases Holdings in Ulta Beauty Inc. $ULTA

Night Squared LP trimmed its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 22.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 14,506 shares of the specialty retailer’s stock after selling 4,233 shares during the period. Ulta Beauty comprises approximately 2.5% of Night Squared LP’s holdings, making the stock its 7th largest holding. Night Squared LP’s holdings in Ulta Beauty were worth $8,776,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new position in Ulta Beauty in the 4th quarter valued at $25,000. Strengthening Families & Communities LLC boosted its position in Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 42 shares during the last quarter. BOKF NA bought a new position in Ulta Beauty in the 3rd quarter valued at $31,000. Steigerwald Gordon & Koch Inc. boosted its position in Ulta Beauty by 2,550.0% in the 4th 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 last quarter. Finally, Virtus Advisers LLC bought a new position in Ulta Beauty in the 4th quarter valued at $33,000. 90.39% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on the company. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. Raymond James Financial reissued a “strong-buy” rating on shares of Ulta Beauty in a research note on Tuesday, March 10th. B. Riley Financial cut their price target on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Canaccord Genuity Group cut their price target on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group cut their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $644.91.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.39% of the company’s stock.

Ulta Beauty Stock Down 1.7%

ULTA stock opened at $463.68 on Wednesday. The business’s fifty day moving average is $513.47 and its 200-day moving average is $582.33. The company has a market cap of $19.93 billion, a P/E ratio of 17.39, a price-to-earnings-growth ratio of 1.47 and a beta of 0.86. Ulta Beauty Inc. has a twelve month low of $452.05 and a twelve month high of $714.97.

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

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.