Trillium Asset Management LLC Acquires New Shares in Ulta Beauty Inc. $ULTA

Trillium Asset Management LLC acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 11,803 shares of the specialty retailer’s stock, valued at approximately $5,323,000.

A number of other hedge funds have also bought and sold shares of the business. Optimize Financial Inc lifted its stake in Ulta Beauty by 1.4% during the 4th quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after acquiring an additional 16 shares during the period. Root Financial Partners LLC grew its stake in shares of Ulta Beauty by 12.1% in the first quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after acquiring an additional 18 shares during the period. Roberts Glore & Co. Inc. IL grew its stake in shares of Ulta Beauty by 5.3% in the fourth quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer’s stock worth $238,000 after acquiring an additional 20 shares during the period. Allworth Financial LP raised its holdings in shares of Ulta Beauty by 3.9% during the fourth quarter. Allworth Financial LP now owns 555 shares of the specialty retailer’s stock valued at $336,000 after purchasing an additional 21 shares during the last quarter. Finally, Wedbush Securities Inc. raised its holdings in shares of Ulta Beauty by 0.3% during the fourth quarter. Wedbush Securities Inc. now owns 6,455 shares of the specialty retailer’s stock valued at $3,905,000 after purchasing an additional 21 shares during the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Analysts at Zacks said Ulta has a favorable combination of earnings-estimate revisions and historical earnings-surprise factors, suggesting the company could exceed expectations in its upcoming report. The company previously reported quarterly EPS and revenue above consensus, supporting optimism ahead of the release. Ulta Beauty Earnings Expected to Grow
• Positive Sentiment: Ulta is expanding its product assortment through an exclusive U.S. partnership with Chinese beauty company Nutrire. The hair-wellness brand will launch on Ulta.com before expanding to approximately 250 stores, potentially supporting traffic, differentiation and sales growth. China Beauty Firm Expands in U.S. With Ulta Deal
• Positive Sentiment: Ulta is also among the lead tenants opening at a new Skillman shopping center, adding another store location and potential source of long-term sales. Ulta Beauty Opens at Skillman Shopping Center
• Neutral Sentiment: Ulta is expected to announce quarterly earnings on August 27. The event is a near-term catalyst, with investors focused on comparable sales, margins and management’s outlook. Ulta Beauty to Announce Quarterly Earnings
• Negative Sentiment: Target has finalized the end of its Ulta shop-in-shop arrangement and plans to replace it with its own Beauty Studio concept in about 600 stores. The termination removes a sizable distribution channel and could weigh on investor sentiment, even though Ulta is redirecting its strategy toward company stores and exclusive brands. Target Finalizes Partnership Exit

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

Ulta Beauty Trading Down 2.4%

ULTA opened at $515.14 on Friday. The company’s 50 day moving average is $488.92 and its 200 day moving average is $539.83. The company has a market cap of $22.15 billion, a price-to-earnings ratio of 19.32, a PEG ratio of 1.65 and a beta of 0.87. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS 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 business had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.12 billion. During the same period in the prior year, the company earned $6.70 earnings per share. The firm’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. As a group, analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ULTA. UBS Group dropped their target price on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Piper Sandler decreased their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. DA Davidson lowered their price target on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. The Goldman Sachs Group dropped their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, Evercore set a $635.00 price objective on Ulta Beauty in a report on Wednesday, June 3rd. One investment 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price 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.