Mitsubishi UFJ Asset Management Co. Ltd. Takes $50.68 Million Position in Ulta Beauty Inc. $ULTA

Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, Holdings Channel reports. The fund acquired 112,371 shares of the specialty retailer’s stock, valued at approximately $50,677,000.

Other institutional investors also recently modified their holdings of the company. Optimize Financial Inc raised its stake in Ulta Beauty by 1.4% in the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after purchasing an additional 16 shares in the last quarter. Root Financial Partners LLC grew its stake in Ulta Beauty by 12.1% in the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after buying an additional 18 shares in the last quarter. Roberts Glore & Co. Inc. IL grew its stake in Ulta Beauty by 5.3% in the 4th quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer’s stock worth $238,000 after buying an additional 20 shares in the last quarter. Allworth Financial LP increased its holdings in shares of Ulta Beauty by 3.9% in the 4th quarter. Allworth Financial LP now owns 555 shares of the specialty retailer’s stock worth $336,000 after buying an additional 21 shares during the last quarter. Finally, Wedbush Securities Inc. increased its holdings in shares of Ulta Beauty by 0.3% in the 4th quarter. Wedbush Securities Inc. now owns 6,455 shares of the specialty retailer’s stock worth $3,905,000 after buying an additional 21 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on ULTA shares. Wells Fargo & Company lowered their price objective on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 3rd. Canaccord Genuity Group cut their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. TD Cowen reissued a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Robert W. Baird lowered their price target on Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating on the stock in a research report on Wednesday, June 3rd. Finally, Argus set a $550.00 price target on Ulta Beauty in a research note on Thursday, June 18th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $638.09.

Insider Transactions 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 transaction of $182,246.72. Following the transaction, the director directly owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.20% of the stock is currently owned by insiders.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Ulta announced an exclusive U.S. partnership with hair-wellness brand Nutrire. The brand will launch on Ulta.com before expanding to approximately 250 stores, while skincare brand Dr. Reju-All is making its nationwide retail debut through Ulta. The launches could strengthen Ulta’s assortment, attract new customers and support its emerging-brand “Sparked” strategy. Ulta Beauty Adds Exclusive Brand Launch And 250 Store Rollout
• Positive Sentiment: China’s largest beauty company is reportedly expanding in the U.S. through a deal with Ulta. The partnership may increase product selection and international beauty-brand traffic across Ulta’s digital and store network. China’s Biggest Beauty Firm to Expand in US With Ulta Deal
• Positive Sentiment: Investors are focused on Ulta’s August 27 earnings release, with expectations for year-over-year earnings and revenue growth. Recent analysis also points to resilient loyalty-program performance, supporting the view that customer engagement remains a key strength. Is Ulta Beauty Below Fair Value Following Earnings Hopes and the Nutrire Launch? Ulta Beauty Stock May Be 10% Undervalued as Loyalty Growth Holds Up
• Neutral Sentiment: Ulta and Estée Lauder announced new executive appointments. The changes could affect strategy over time, but the available report does not indicate an immediate financial impact. Ulta Beauty and Estée Lauder Name New Executives
• Negative Sentiment: Target has ended its Ulta shop-in-shop arrangement and plans to replace it with its own Beauty Studio concept in roughly 600 locations. Losing that distribution channel could reduce Ulta’s reach and sales potential, although the company is simultaneously adding exclusive brands and other growth partners. Ulta’s Target Exit and Nutrire Deal Might Change the Case for Investing in Ulta Beauty

Ulta Beauty Stock Performance

Shares of ULTA opened at $527.85 on Thursday. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The firm has a market cap of $22.69 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 1.61 and a beta of 0.87. The firm has a 50 day moving average price of $488.14 and a 200-day moving average price of $540.76.

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. The company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The firm’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter last year, the firm earned $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, equities research analysts predict that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

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.