Ulta Beauty Inc. $ULTA Stock Holdings Increased by Handelsbanken Fonder AB

Handelsbanken Fonder AB grew its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 11.2% in the second quarter, according to its most recent filing with the SEC. The firm owned 33,208 shares of the specialty retailer’s stock after acquiring an additional 3,350 shares during the quarter. Handelsbanken Fonder AB owned about 0.08% of Ulta Beauty worth $14,976,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Focus Partners Wealth increased its stake in Ulta Beauty by 231.6% during the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock valued at $1,372,000 after buying an additional 2,615 shares during the period. Intech Investment Management LLC lifted its stake in shares of Ulta Beauty by 48.9% in the 1st quarter. Intech Investment Management LLC now owns 4,795 shares of the specialty retailer’s stock worth $1,758,000 after acquiring an additional 1,574 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Ulta Beauty in the second quarter valued at approximately $466,000. Jump Financial LLC bought a new position in shares of Ulta Beauty in the second quarter valued at approximately $1,196,000. Finally, Daiwa Securities Group Inc. increased its stake in shares of Ulta Beauty by 0.9% during the second quarter. Daiwa Securities Group Inc. now owns 7,475 shares of the specialty retailer’s stock valued at $3,497,000 after acquiring an additional 70 shares during the period. Institutional investors own 90.39% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ULTA shares. Loop Capital restated a “hold” rating and issued a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. 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. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective for the company in a report on Tuesday, May 5th. Wedbush initiated coverage on Ulta Beauty in a research note on Monday, April 20th. They set an “outperform” rating for the company. Finally, Evercore set a $635.00 target price on Ulta Beauty in a report on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Stock Down 3.1%

Shares of NASDAQ ULTA opened at $515.57 on Friday. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company has a market cap of $22.16 billion, a price-to-earnings ratio of 19.33, a P/E/G ratio of 1.66 and a beta of 0.87. The business has a fifty day simple moving average of $484.74 and a 200-day simple moving average of $544.51.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating 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 net margin of 9.36% and a return on equity of 44.77%. The firm’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, sell-side analysts expect that Ulta Beauty Inc. will post 28.78 EPS for the current fiscal year.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the 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 completion of the sale, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.20% of the stock is owned by company insiders.

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.