J. Safra Sarasin Holding AG Sells 1,362 Shares of Ulta Beauty Inc. $ULTA

J. Safra Sarasin Holding AG reduced its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 49.2% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,407 shares of the specialty retailer’s stock after selling 1,362 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in Ulta Beauty were worth $735,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Fideuram Asset Management Ireland dac bought a new stake in shares of Ulta Beauty during the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC raised its stake 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 worth $25,000 after buying an additional 43 shares in the last quarter. Strengthening Families & Communities LLC raised its stake 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 worth $26,000 after buying an additional 42 shares in the last quarter. Ascentis Independent Advisors purchased a new stake in Ulta Beauty in the first quarter worth about $29,000. Finally, Nalls Sherbakoff Group LLC purchased a new stake in Ulta Beauty in the fourth quarter worth about $30,000. 90.39% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

ULTA has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reduced their target price on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Loop Capital restated a “hold” rating and issued a $550.00 target price on shares of Ulta Beauty in a research note on Wednesday, June 3rd. Jefferies Financial Group upgraded Ulta Beauty from a “hold” rating to a “buy” rating and lifted their price target for the company from $635.00 to $700.00 in a research report on Monday, April 20th. Barclays reduced their price target on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Finally, Guggenheim initiated coverage on Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating for the company. One research 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 stock. Based on data from MarketBeat, Ulta Beauty has an average rating of “Moderate Buy” and a consensus price target of $638.09.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’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 sale, the director directly owned 2,404 shares of the company’s stock, 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 SEC, which can be accessed through this link. Company insiders own 0.20% of the company’s stock.

Ulta Beauty Stock Performance

ULTA stock opened at $466.14 on Thursday. The firm has a 50 day moving average price of $480.11 and a 200-day moving average price of $564.70. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97. The firm has a market capitalization of $20.04 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 1.46 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last issued 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. The firm had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, sell-side analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

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.