Ulta Beauty Inc. $ULTA Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. reduced its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 291,916 shares of the specialty retailer’s stock after selling 14,094 shares during the quarter. Ulta Beauty comprises approximately 1.0% of Epoch Investment Partners Inc.’s portfolio, making the stock its 18th largest holding. Epoch Investment Partners Inc.’s holdings in Ulta Beauty were worth $176,612,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of ULTA. Norges Bank acquired a new stake in Ulta Beauty during the 4th quarter worth $430,963,000. Holocene Advisors LP raised its stake in Ulta Beauty by 339.6% during the 3rd quarter. Holocene Advisors LP now owns 379,939 shares of the specialty retailer’s stock worth $207,732,000 after acquiring an additional 293,516 shares in the last quarter. Andra AP fonden raised its stake in Ulta Beauty by 351,900.0% during the 3rd quarter. Andra AP fonden now owns 228,800 shares of the specialty retailer’s stock worth $125,096,000 after acquiring an additional 228,735 shares in the last quarter. Invesco Ltd. raised its stake in Ulta Beauty by 33.6% during the 3rd quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after acquiring an additional 211,485 shares in the last quarter. Finally, Caisse de depot et placement du Quebec raised its stake in Ulta Beauty by 249.8% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 295,833 shares of the specialty retailer’s stock worth $161,747,000 after acquiring an additional 211,266 shares in the last quarter. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently commented on ULTA shares. TD Cowen cut their price target on shares of Ulta Beauty from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday. Raymond James Financial reiterated a “strong-buy” rating on shares of Ulta Beauty in a research note on Tuesday, March 10th. Loop Capital reissued a “hold” rating and set a $550.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. DA Davidson lowered their price objective on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Finally, Evercore set a $635.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. One 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 given a Sell rating to the stock. According to data from MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and a consensus price target of $644.91.

Ulta Beauty Stock Performance

Shares of Ulta Beauty stock opened at $467.74 on Friday. Ulta Beauty Inc. has a 1 year low of $452.05 and a 1 year high of $714.97. The company’s fifty day moving average is $516.26 and its two-hundred day moving average is $582.70. The company has a market capitalization of $20.11 billion, a P/E ratio of 17.54, a PEG ratio of 1.46 and a beta of 0.86.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly 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 analysts’ expectations of $3.12 billion. During the same quarter in the prior year, the business earned $6.70 earnings per share. The company’s quarterly 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. As a group, equities analysts expect that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of Ulta Beauty stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the sale, the director owned 2,383 shares of the company’s stock, valued at $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.17% of the stock is owned by company insiders.

About Ulta Beauty

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.