Trek Financial LLC Takes $3.70 Million Position in Ulta Beauty Inc. $ULTA

Trek Financial LLC acquired a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 4th quarter, Holdings Channel reports. The fund acquired 6,123 shares of the specialty retailer’s stock, valued at approximately $3,704,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Strengthening Families & Communities LLC lifted its stake in Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 42 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in Ulta Beauty during the third quarter valued at approximately $31,000. Abich Financial Wealth Management LLC acquired a new stake in Ulta Beauty during the third quarter valued at approximately $31,000. BOKF NA acquired a new stake in Ulta Beauty during the third quarter valued at approximately $31,000. Finally, Steigerwald Gordon & Koch Inc. lifted its stake in Ulta Beauty by 2,550.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 51 shares during the last quarter. 90.39% of the stock is currently owned by institutional investors.

Ulta Beauty Stock Performance

Shares of NASDAQ:ULTA opened at $511.98 on Tuesday. The company has a market cap of $22.30 billion, a PE ratio of 19.98, a price-to-earnings-growth ratio of 1.81 and a beta of 0.89. Ulta Beauty Inc. has a 52 week low of $402.50 and a 52 week high of $714.97. The firm has a 50 day simple moving average of $558.16 and a 200 day simple moving average of $587.54.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating the consensus estimate of $7.93 by $0.08. The business had revenue of $3.90 billion during the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The firm’s quarterly revenue was up 11.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, equities analysts predict that Ulta Beauty Inc. will post 28.45 earnings per share for the current year.

Analyst Upgrades and Downgrades

ULTA has been the subject of several recent research reports. UBS Group reissued a “buy” rating and set a $810.00 target price on shares of Ulta Beauty in a research note on Friday, March 13th. Wedbush initiated coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They set an “outperform” rating for the company. Oppenheimer cut their target price on shares of Ulta Beauty from $750.00 to $650.00 and set an “outperform” rating for the company in a research note on Friday, March 13th. Piper Sandler reissued an “overweight” rating and set a $725.00 target price (down from $775.00) on shares of Ulta Beauty in a research note on Friday, March 13th. Finally, Evercore set a $725.00 target price on shares of Ulta Beauty in a research note on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, seven have assigned 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 a consensus target price of $674.23.

Insider Activity at Ulta Beauty

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the sale, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.39% of the company’s stock.

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.