Ulta Beauty Inc. $ULTA Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd trimmed its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 73.3% in the 1st quarter, Holdings Channel.com reports. The firm owned 1,650 shares of the specialty retailer’s stock after selling 4,538 shares during the period. Mediolanum International Funds Ltd’s holdings in Ulta Beauty were worth $842,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac purchased a new stake in Ulta Beauty during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC increased its holdings in 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 buying an additional 43 shares in the last quarter. Strengthening Families & Communities LLC increased its holdings in 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 buying an additional 42 shares in the last quarter. Ascentis Independent Advisors acquired a new position in shares of Ulta Beauty in the first quarter worth about $29,000. Finally, Nalls Sherbakoff Group LLC acquired a new position in shares of Ulta Beauty in the fourth quarter worth about $30,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director directly 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 through the SEC website. Company insiders own 0.20% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ULTA shares. Guggenheim assumed coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating on the stock. Robert W. Baird cut their price target on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. Argus set a $550.00 price target on Ulta Beauty in a report on Thursday, June 18th. Canaccord Genuity Group lowered their price target on Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Finally, JPMorgan Chase & Co. dropped their price objective on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. 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 issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $638.09.

Ulta Beauty Trading Up 0.3%

NASDAQ:ULTA opened at $489.47 on Wednesday. The company has a market cap of $21.04 billion, a P/E ratio of 18.35, a P/E/G ratio of 1.52 and a beta of 0.88. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The company’s 50-day moving average price is $477.53 and its 200-day moving average price is $561.27.

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

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.