Pacer Advisors Inc. Trims Stock Position in Ulta Beauty Inc. $ULTA

Pacer Advisors Inc. lessened its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 8.9% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,758 shares of the specialty retailer’s stock after selling 949 shares during the quarter. Pacer Advisors Inc.’s holdings in Ulta Beauty were worth $5,101,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of ULTA. Norges Bank purchased a new position in shares of Ulta Beauty during the 4th quarter valued at approximately $430,963,000. Atria Investments Inc boosted its holdings in Ulta Beauty by 42.7% during the fourth quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer’s stock worth $4,233,000 after buying an additional 2,093 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Ulta Beauty by 27.6% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 271,671 shares of the specialty retailer’s stock worth $164,364,000 after buying an additional 58,719 shares in the last quarter. Andrew Hill Investment Advisors Inc. acquired a new stake in Ulta Beauty during the fourth quarter valued at $1,903,000. Finally, National Pension Service increased its holdings in Ulta Beauty by 2,704.0% in the fourth quarter. National Pension Service now owns 79,465 shares of the specialty retailer’s stock valued at $48,077,000 after buying an additional 76,631 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction that occurred 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 sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by company insiders.

Ulta Beauty Stock Down 0.8%

ULTA opened at $539.47 on Thursday. The company has a market cap of $23.19 billion, a PE ratio of 20.23, a price-to-earnings-growth ratio of 1.70 and a beta of 0.87. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The company has a 50-day moving average price of $479.08 and a 200 day moving average price of $550.24.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on ULTA shares. UBS Group lowered their target price on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Morgan Stanley reduced 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. Citigroup lowered their price target on Ulta Beauty from $600.00 to $560.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. JPMorgan Chase & Co. cut their price objective on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Finally, Barclays reduced their target price on Ulta Beauty from $712.00 to $647.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. One equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target 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.