SFE Investment Counsel Decreases Stock Position in Ulta Beauty Inc. $ULTA

SFE Investment Counsel cut its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 83.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 595 shares of the specialty retailer’s stock after selling 3,049 shares during the period. SFE Investment Counsel’s holdings in Ulta Beauty were worth $311,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Fideuram Asset Management Ireland dac bought a new position in shares of Ulta Beauty during the fourth quarter valued at $25,000. Hilton Head Capital Partners LLC increased its holdings in Ulta Beauty by 860.0% in the 1st 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 increased its holdings in Ulta Beauty by 4,200.0% in the 4th 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 position in Ulta Beauty in the 1st quarter worth about $29,000. Finally, Nalls Sherbakoff Group LLC bought a new position in Ulta Beauty during the 4th quarter valued at about $30,000. 90.39% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ULTA has been the topic of a number of recent analyst reports. B. Riley Financial dropped their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. TD Cowen decreased their price objective on shares of Ulta Beauty from $700.00 to $600.00 and set a “buy” rating for the company in a report on Tuesday, June 9th. Wedbush began coverage on shares of Ulta Beauty in a research report on Monday, April 20th. They set an “outperform” rating on the stock. Guggenheim started coverage on shares of Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating on the stock. Finally, Robert W. Baird decreased their target price on shares of Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $638.09.

Ulta Beauty Stock Up 1.9%

Shares of Ulta Beauty stock traded up $8.96 during trading hours on Friday, reaching $469.20. 425,933 shares of the stock traded hands, compared to its average volume of 703,513. Ulta Beauty Inc. has a one year low of $443.60 and a one year high of $714.97. The firm has a market capitalization of $20.17 billion, a price-to-earnings ratio of 17.59, a P/E/G ratio of 1.46 and a beta of 0.88. The company has a 50 day moving average price of $484.04 and a 200 day moving average price of $567.92.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (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 company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same quarter last year, the firm posted $6.70 earnings per share. The firm’s 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. Sell-side analysts anticipate that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director 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 legal filing with the SEC, which is available through this hyperlink. 0.17% of the stock is 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.