73,220 Shares in Ulta Beauty Inc. $ULTA Acquired by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the second quarter, Holdings Channel reports. The institutional investor bought 73,220 shares of the specialty retailer’s stock, valued at approximately $33,021,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new position in Ulta Beauty during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC lifted its holdings in shares of Ulta Beauty by 860.0% in the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 43 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of Ulta Beauty in the 4th quarter worth approximately $30,000. Ascentis Independent Advisors purchased a new stake in shares of Ulta Beauty in the 1st quarter valued at $29,000. Finally, Virtus Advisers LLC purchased a new stake in shares of Ulta Beauty in the 4th quarter valued at $33,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of Ulta Beauty stock opened at $564.12 on Tuesday. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The stock has a market capitalization of $24.12 billion, a price-to-earnings ratio of 20.56, a P/E/G ratio of 1.69 and a beta of 0.85. The company’s 50 day moving average price is $507.23 and its 200-day moving average price is $528.09.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, beating analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. During the same period in the prior year, the business posted $5.78 EPS. The firm’s revenue was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities research analysts forecast that Ulta Beauty Inc. will post 28.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ULTA. Wells Fargo & Company reduced their target price on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a report on Wednesday, June 3rd. Loop Capital restated a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Raymond James Financial reaffirmed a “strong-buy” rating and set a $700.00 price objective on shares of Ulta Beauty in a research note on Friday, August 28th. Robert W. Baird decreased their price objective on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating on the stock in a report on Wednesday, June 3rd. Finally, William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $626.59.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.20% of the stock is currently owned by company insiders.

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.