Commerce Bank Takes Position in Ulta Beauty Inc. $ULTA

Commerce Bank purchased a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 3,236 shares of the specialty retailer’s stock, valued at approximately $1,459,000.

Several other large investors also recently added to or reduced their stakes in ULTA. BlackRock Inc. purchased a new position in shares of Ulta Beauty in the second quarter valued at $1,815,712,000. Diamant Asset Management Inc. lifted its holdings in Ulta Beauty by 52,171.0% during the 1st quarter. Diamant Asset Management Inc. now owns 1,474,042 shares of the specialty retailer’s stock worth $77,050,000 after purchasing an additional 1,471,222 shares in the last quarter. Norges Bank bought a new position in Ulta Beauty in the 4th quarter worth about $430,963,000. Deutsche Bank AG purchased a new position in Ulta Beauty during the 2nd quarter valued at about $124,784,000. Finally, Bank of New York Mellon Corp purchased a new position in Ulta Beauty during the 2nd quarter valued at about $105,317,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Argus set a $550.00 price target on shares of Ulta Beauty in a report on Thursday, June 18th. Morgan Stanley reduced their price objective on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. The Goldman Sachs Group decreased their target price on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Canaccord Genuity Group lowered their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, Evercore set a $635.00 price target on shares of Ulta Beauty in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $636.41.

Ulta Beauty Stock Down 0.3%

NASDAQ:ULTA opened at $537.22 on Wednesday. The stock has a market cap of $23.10 billion, a P/E ratio of 20.14, a PEG ratio of 1.68 and a beta of 0.87. The business’s 50-day moving average price is $492.80 and its two-hundred day moving average price is $536.87. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. The company had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.Ulta Beauty’s revenue was up 11.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities research analysts expect that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.20% of the stock is currently owned by insiders.

Key Stories Impacting Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Deutsche Bank expects Ulta Beauty’s fiscal second-quarter same-store sales growth to exceed consensus estimates, raising expectations for a potential earnings and revenue beat. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat, Deutsche Bank Says
• Positive Sentiment: Analysts continue to support the stock, with UBS maintaining a Buy rating and a $735 price target, while Canaccord Genuity reiterated its Buy rating and $731 target. Their views cite durable growth and the company’s Ulta Beauty Unleashed strategy. UBS Ulta Beauty Rating Canaccord Genuity Ulta Beauty Rating
• Positive Sentiment: Ulta Beauty’s nationwide agreement with Chinese beauty brand Proya should broaden its product assortment and support international brand exposure. The company also filed plans for another store in Huber Heights, Ohio, indicating continued physical expansion. Proya Ulta Beauty Agreement Ulta Beauty Huber Heights Location
• Neutral Sentiment: Options activity suggests traders are positioning for a potentially significant move, but the available report does not establish whether those bets are bullish or bearish. Reported short-interest data showed zero shares and an anomalous “NaN” change, making it unreliable as a trading signal. Ulta Beauty Options Activity
• Negative Sentiment: Although analysts expect second-quarter sales and EPS growth, previews also highlight potential margin pressure. That uncertainty, along with profit-taking after the recent rally, may be limiting the stock’s response to favorable news. Ulta’s latest reported quarter showed an EPS and revenue beat, with revenue up 11.1% year over year.

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.