Evolve Private Wealth LLC Makes New Investment in Ulta Beauty Inc. $ULTA

Evolve Private Wealth LLC bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 1,286 shares of the specialty retailer’s stock, valued at approximately $580,000.

A number of other large investors have also modified their holdings of the stock. Focus Partners Wealth raised its holdings in shares of 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 boosted its holdings in 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 purchased a new position in Ulta Beauty in the 2nd quarter worth approximately $466,000. Jump Financial LLC acquired a new stake in Ulta Beauty in the second quarter valued at approximately $1,196,000. Finally, Daiwa Securities Group Inc. grew its position in Ulta Beauty by 0.9% in 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 in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ULTA. Argus set a $550.00 price objective on shares of Ulta Beauty in a research note on Thursday, June 18th. JPMorgan Chase & Co. lowered their price target on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. DA Davidson dropped their price target on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Evercore set a $635.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Piper Sandler decreased their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research report 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’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $638.09.

Trending Headlines about Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: UBS reiterated a Buy rating and maintained a $735 price target, citing durable growth prospects. Canaccord Genuity also reiterated its Buy rating and kept a $731 target, pointing to the company’s “Ulta Beauty Unleashed” strategy. These targets imply substantial potential upside from recent trading levels. UBS Ulta Beauty Buy Rating Article Canaccord Genuity Ulta Beauty Buy Rating Article
• Positive Sentiment: Analysts expect Ulta’s second-quarter revenue and earnings to grow, supported by resilient beauty demand, digital gains and the Space NK business. The company’s prior quarter also exceeded consensus estimates, with revenue up 11.1% year over year and EPS of $7.74 versus the $6.89 estimate. Ulta Beauty Q2 Earnings Preview
• Positive Sentiment: GuruFocus’s valuation analysis characterized ULTA as undervalued following its recent rally, potentially attracting investors who believe the shares still have room to recover toward historical highs. GuruFocus Ulta Beauty Valuation Article
• Positive Sentiment: Ulta filed plans for a new store in Huber Heights, Ohio, signaling ongoing physical expansion and potential future sales growth. Ulta Beauty Huber Heights Store Article
• Neutral Sentiment: Options-market activity suggests traders are positioning for a potentially significant move in ULTA, though the direction is uncertain and the activity may increase volatility rather than establish a clear bullish signal. Ulta Beauty Options Activity Article
• Negative Sentiment: Despite the upbeat earnings outlook, analysts note possible margin pressure, making profitability and guidance important risks when Ulta reports results.

Ulta Beauty Stock Up 3.3%

ULTA stock opened at $538.76 on Tuesday. The stock’s 50 day moving average is $491.33 and its two-hundred day moving average is $537.86. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The company has a market capitalization of $23.16 billion, a PE ratio of 20.20, a P/E/G ratio of 1.63 and a beta of 0.87.

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

Insider Transactions at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s 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 sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 0.20% of the stock is owned by corporate 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.