Ulta Beauty Inc. $ULTA Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA decreased its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 17.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,148 shares of the specialty retailer’s stock after selling 19,605 shares during the quarter. Glenmede Trust Co. NA’s holdings in Ulta Beauty were worth $48,167,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Segall Bryant & Hamill LLC purchased a new position in Ulta Beauty in the first quarter valued at approximately $3,925,000. Wellington Grp LLC raised its holdings in Ulta Beauty by 42.9% during the first quarter. Wellington Grp LLC now owns 1,016 shares of the specialty retailer’s stock worth $531,000 after purchasing an additional 305 shares in the last quarter. GKV Capital Management Co. Inc. lifted its position in shares of Ulta Beauty by 10.8% during the 1st quarter. GKV Capital Management Co. Inc. now owns 1,308 shares of the specialty retailer’s stock worth $684,000 after buying an additional 128 shares during the last quarter. Essential Partners LLC lifted its position in shares of Ulta Beauty by 3.5% during the 1st quarter. Essential Partners LLC now owns 2,170 shares of the specialty retailer’s stock worth $1,134,000 after buying an additional 74 shares during the last quarter. Finally, Ariadne Wealth Management LP boosted its holdings in shares of Ulta Beauty by 7.1% in the 1st quarter. Ariadne Wealth Management LP now owns 408 shares of the specialty retailer’s stock valued at $213,000 after buying an additional 27 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Trading Down 0.8%

Shares of ULTA opened at $512.83 on Friday. The company’s 50 day simple moving average is $477.49 and its 200-day simple moving average is $553.64. The firm has a market cap of $22.05 billion, a PE ratio of 19.23, a price-to-earnings-growth ratio of 1.61 and a beta of 0.88. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly 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 firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. Ulta Beauty’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter in the prior 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 forecast that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal year.

Insider Buying and Selling

In other Ulta Beauty 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 value of $182,246.72. Following the transaction, the director directly owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently commented on ULTA. Weiss Ratings downgraded shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, June 3rd. TD Cowen reissued a “buy” rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. DA Davidson decreased their price objective on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Wedbush started coverage on Ulta Beauty in a research report on Monday, April 20th. They set an “outperform” rating on the stock. Finally, Guggenheim began coverage on Ulta Beauty in a report on Monday, April 20th. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.