Focus Partners Advisor Solutions LLC Makes New Investment in Ulta Beauty Inc. $ULTA

Focus Partners Advisor Solutions LLC purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,867 shares of the specialty retailer’s stock, valued at approximately $842,000.

A number of other hedge funds also recently made changes to their positions in ULTA. Focus Partners Wealth raised its holdings in Ulta Beauty by 231.6% during the 1st quarter. Focus Partners Wealth now owns 3,744 shares of the specialty retailer’s stock worth $1,372,000 after purchasing an additional 2,615 shares during the last quarter. Intech Investment Management LLC lifted its position 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 purchasing an additional 1,574 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Ulta Beauty in the 2nd quarter valued at $466,000. Jump Financial LLC acquired a new stake in shares of Ulta Beauty during the second quarter worth $1,196,000. Finally, Daiwa Securities Group Inc. increased its position 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 worth $3,497,000 after buying an additional 70 shares during the period. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on ULTA. Morgan Stanley dropped their target price on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Jefferies Financial Group raised Ulta Beauty from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $635.00 to $700.00 in a research report on Monday, April 20th. Bank of America raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective on the stock in a research note on Tuesday, May 5th. TD Cowen reissued a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Finally, B. Riley Financial cut their target price on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $638.09.

Ulta Beauty Stock Down 3.4%

Ulta Beauty stock opened at $493.33 on Tuesday. The company has a market capitalization of $21.21 billion, a PE ratio of 18.50, a PEG ratio of 1.59 and a beta of 0.87. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97. The firm’s fifty day moving average is $486.22 and its 200 day moving average is $542.34.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period last year, the company posted $6.70 earnings per share. The business’s quarterly 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. Sell-side analysts expect that Ulta Beauty Inc. will post 28.78 EPS for the current fiscal year.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction dated 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 trade represents a 13.74% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by corporate insiders.

Ulta Beauty Company 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.