Louisiana State Employees Retirement System Purchases Shares of 2,300 Ulta Beauty Inc. $ULTA

Louisiana State Employees Retirement System acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,300 shares of the specialty retailer’s stock, valued at approximately $1,202,000.

Several other institutional investors have also recently made changes to their positions in the company. Fideuram Asset Management Ireland dac purchased a new stake in Ulta Beauty during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC increased its holdings 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 valued at $25,000 after buying an additional 43 shares in the last quarter. Strengthening Families & Communities LLC increased its holdings 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 valued at $26,000 after buying an additional 42 shares in the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of Ulta Beauty in the fourth quarter worth about $30,000. Finally, BOKF NA acquired a new position in shares of Ulta Beauty in the third quarter worth about $31,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.17% of the stock is owned by insiders.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $461.33 on Friday. The firm has a market cap of $19.83 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. The company’s 50-day simple moving average is $492.85 and its 200-day simple moving average is $572.59. Ulta Beauty Inc. has a 52-week low of $443.60 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the company posted $6.70 EPS. Ulta Beauty’s quarterly revenue was up 11.1% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities research analysts anticipate that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have recently commented on ULTA. Guggenheim assumed coverage on Ulta Beauty in a research report on Monday, April 20th. They set a “buy” rating on the stock. Citigroup reduced their price target on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. DA Davidson dropped their price objective on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Wedbush began coverage on Ulta Beauty in a research report on Monday, April 20th. They issued an “outperform” rating for the company. Finally, Evercore set a $635.00 price objective on Ulta Beauty in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and a consensus price target of $638.09.

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.