Punch & Associates Investment Management Inc. Sells 1,825 Shares of Ulta Beauty Inc. $ULTA

Punch & Associates Investment Management Inc. lowered its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 5.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,125 shares of the specialty retailer’s stock after selling 1,825 shares during the quarter. Punch & Associates Investment Management Inc. owned 0.07% of Ulta Beauty worth $18,831,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Ulta Beauty in the 4th quarter worth approximately $430,963,000. Bowen Hanes & Co. Inc. bought a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $6,012,000. Intech Investment Management LLC lifted its position in shares of Ulta Beauty by 135.6% in the 3rd quarter. Intech Investment Management LLC now owns 6,506 shares of the specialty retailer’s stock worth $3,557,000 after acquiring an additional 3,744 shares during the period. Oliver Luxxe Assets LLC bought a new stake in shares of Ulta Beauty in the 4th quarter worth approximately $8,009,000. Finally, Keystone Investors PTE Ltd. bought a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $6,605,000. Institutional investors own 90.39% of the company’s stock.

Insiders Place Their Bets

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.39% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ULTA has been the subject of a number of research reports. Evercore set a $635.00 price objective on Ulta Beauty in a research report on Wednesday, June 3rd. B. Riley Financial cut their target price on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Piper Sandler cut their target price on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Guggenheim began coverage on Ulta Beauty in a research report on Monday, April 20th. They set a “buy” rating for the company. Finally, DA Davidson cut their target price on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $644.91.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $463.68 on Wednesday. The company has a market capitalization of $19.93 billion, a PE ratio of 17.39, a price-to-earnings-growth ratio of 1.47 and a beta of 0.86. Ulta Beauty Inc. has a one year low of $452.05 and a one year high of $714.97. The business has a 50 day simple moving average of $513.47 and a 200 day simple moving average of $582.33.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the company earned $6.70 EPS. Ulta Beauty’s 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. Equities analysts anticipate that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal 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.