Segall Bryant & Hamill LLC Takes Position in Ulta Beauty Inc. $ULTA

Segall Bryant & Hamill LLC acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the first quarter, HoldingsChannel.com reports. The fund acquired 7,509 shares of the specialty retailer’s stock, valued at approximately $3,925,000.

Several other large investors have also recently modified their holdings of ULTA. Optimize Financial Inc lifted its position in Ulta Beauty by 1.4% during the fourth 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 last quarter. Sound Income Strategies LLC boosted its stake in Ulta Beauty by 13.1% in the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after acquiring an additional 17 shares in the last quarter. Legacy Advisors LLC grew its holdings in Ulta Beauty by 1.2% in the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after purchasing an additional 18 shares during the last quarter. Root Financial Partners LLC grew its holdings in 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 purchasing an additional 18 shares during the last quarter. Finally, Roberts Glore & Co. Inc. IL increased its position in shares of Ulta Beauty by 5.3% during the fourth quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer’s stock worth $238,000 after purchasing an additional 20 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Trading Up 4.2%

NASDAQ:ULTA opened at $534.41 on Tuesday. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The firm has a fifty day simple moving average of $477.88 and a 200-day simple moving average of $551.97. The company has a market capitalization of $22.97 billion, a P/E ratio of 20.04, a PEG ratio of 1.60 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.12 billion. During the same period in the prior year, the firm earned $6.70 EPS. 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. Equities analysts forecast that Ulta Beauty Inc. will post 28.77 EPS for the current year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total transaction of $182,246.72. Following the sale, the director owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on ULTA shares. DA Davidson decreased their price objective on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Guggenheim began coverage on Ulta Beauty in a research note on Monday, April 20th. They set a “buy” rating on the stock. Barclays reduced their target price on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. The Goldman Sachs Group lowered their price target on Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Finally, Wells Fargo & Company dropped their price target on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating on the stock in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average 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.