First Trust Advisors LP Sells 11,733 Shares of Ulta Beauty Inc. $ULTA

First Trust Advisors LP lowered its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 36.4% during the 1st quarter, Holdings Channel reports. The institutional investor owned 20,528 shares of the specialty retailer’s stock after selling 11,733 shares during the period. First Trust Advisors LP’s holdings in Ulta Beauty were worth $10,730,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of ULTA. Fideuram Asset Management Ireland dac purchased a new stake in Ulta Beauty during the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC grew its position in Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 43 shares during the last quarter. Strengthening Families & Communities LLC increased its stake in Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 42 shares during the period. Ascentis Independent Advisors purchased a new position in Ulta Beauty in the 1st quarter worth approximately $29,000. Finally, Nalls Sherbakoff Group LLC bought a new stake in Ulta Beauty in the fourth quarter valued at approximately $30,000. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’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 owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is owned by insiders.

Ulta Beauty Price Performance

ULTA opened at $512.83 on Friday. Ulta Beauty Inc. has a one year low of $443.60 and a one year high of $714.97. The business has a 50 day simple moving average of $477.49 and a two-hundred day simple moving average of $553.64. The firm has a market capitalization of $22.05 billion, a price-to-earnings ratio of 19.23, a PEG ratio of 1.61 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, topping 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period last year, the company earned $6.70 EPS. The business’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, sell-side analysts expect that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Jefferies Financial Group raised Ulta Beauty from a “hold” rating to a “buy” rating and increased their price objective for the company from $635.00 to $700.00 in a research note on Monday, April 20th. Wedbush began coverage on shares of Ulta Beauty in a research note on Monday, April 20th. They issued an “outperform” rating on the stock. Argus set a $550.00 price target on shares of Ulta Beauty in a report on Thursday, June 18th. Citigroup dropped their price target on shares of Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, B. Riley Financial cut their price target on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock 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 issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Ulta Beauty has a consensus rating of “Moderate Buy” and an average 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.