IFM Investors Pty Ltd Makes New Investment in Ulta Beauty Inc. $ULTA

IFM Investors Pty Ltd purchased a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the first quarter, Holdings Channel reports. The institutional investor purchased 8,644 shares of the specialty retailer’s stock, valued at approximately $4,518,000.

A number of other institutional investors also recently modified their holdings of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Ulta Beauty during the fourth quarter worth $25,000. Hilton Head Capital Partners LLC lifted its holdings in Ulta Beauty by 860.0% in the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock valued at $25,000 after buying an additional 43 shares during the period. Strengthening Families & Communities LLC lifted its holdings in Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after buying an additional 42 shares during the period. Nalls Sherbakoff Group LLC bought a new stake in Ulta Beauty during the fourth quarter valued at $30,000. Finally, BOKF NA bought a new stake in Ulta Beauty during the third quarter valued at $31,000. 90.39% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the sale, the director owned 2,404 shares in the company, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.17% of the company’s stock.

Ulta Beauty Price Performance

ULTA stock opened at $461.33 on Friday. The stock has a market capitalization of $19.83 billion, a PE ratio of 17.30, a price-to-earnings-growth ratio of 1.44 and a beta of 0.88. The company’s 50-day moving average is $492.85 and its 200-day moving average is $572.59. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued 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 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 analyst estimates of $3.12 billion. During the same period in the previous year, the company posted $6.70 EPS. 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. On average, analysts anticipate that Ulta Beauty Inc. will post 28.76 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ULTA has been the subject of a number of recent analyst reports. Morgan Stanley decreased their price target on Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. JPMorgan Chase & Co. dropped their price objective on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Wells Fargo & Company cut their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Wednesday, June 3rd. Citigroup decreased their target price on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Finally, Jefferies Financial Group upgraded Ulta Beauty from a “hold” rating to a “buy” rating and lifted their target price for the stock from $635.00 to $700.00 in a report on Monday, April 20th. One 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty 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.