Boston Trust Walden Corp Sells 1,236 Shares of Ulta Beauty Inc. $ULTA

Boston Trust Walden Corp trimmed its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 12.4% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,697 shares of the specialty retailer’s stock after selling 1,236 shares during the period. Boston Trust Walden Corp’s holdings in Ulta Beauty were worth $4,750,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Ulta Beauty during the second quarter worth about $33,021,000. Vise Technologies Inc. bought a new position in Ulta Beauty in the 2nd quarter worth approximately $1,033,000. Tidal Investments LLC grew its holdings in Ulta Beauty by 34.6% during the 2nd quarter. Tidal Investments LLC now owns 17,553 shares of the specialty retailer’s stock valued at $7,916,000 after buying an additional 4,513 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new stake in Ulta Beauty during the 2nd quarter valued at approximately $8,311,000. Finally, Raiffeisen Bank International AG grew its holdings in Ulta Beauty by 9,728.1% during the 2nd quarter. Raiffeisen Bank International AG now owns 3,145 shares of the specialty retailer’s stock valued at $1,444,000 after buying an additional 3,113 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on ULTA shares. Sanford C. Bernstein upgraded shares of Ulta Beauty to an “outperform” rating in a research report on Tuesday, September 15th. Citigroup increased their price target on Ulta Beauty from $580.00 to $685.00 and gave the company a “neutral” rating in a research note on Friday. Barclays cut their price target on Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating for the company in a report on Friday, August 28th. Royal Bank Of Canada raised Ulta Beauty to an “outperform” rating in a research note on Tuesday, September 15th. Finally, Deutsche Bank Aktiengesellschaft upped their price objective on Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and an average price target of $635.87.

Insider Buying and Selling

In other news, CEO Kecia Steelman sold 2,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total value of $1,091,760.00. Following the sale, the chief executive officer directly owned 40,489 shares in the company, valued at approximately $22,102,135.32. This represents a 4.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lorna Nagler sold 600 shares of the firm’s stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $537.31, for a total value of $322,386.00. Following the sale, the director directly owned 7,168 shares of the company’s stock, valued at $3,851,438.08. This represents a 7.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.20% of the company’s stock.

Ulta Beauty Trading Down 0.8%

ULTA opened at $644.76 on Friday. The firm has a market cap of $27.57 billion, a P/E ratio of 23.50, a P/E/G ratio of 1.91 and a beta of 0.83. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The stock has a 50-day moving average of $575.78 and a 200 day moving average of $553.76.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The business had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.99 billion. During the same quarter in the previous year, the business posted $5.78 earnings per share. The business’s revenue was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts forecast that Ulta Beauty Inc. will post 28.95 earnings per share for the current fiscal year.

Key Stories Impacting Ulta Beauty

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

• Positive Sentiment: Korean skincare brand Abib is expanding into more than 300 Ulta stores, and Clöud Café is doubling its Ulta presence with a K-wellness endcap. The added brands could broaden Ulta’s assortment and support customer traffic, though the announcements did not quantify expected sales. Abib expands US presence with launch in 300+ Ulta Beauty stores Clöud Café doubles Ulta Beauty presence
• Positive Sentiment: Ulta announced a partnership to bring DECORTÉ skincare to select stores and unveiled a holiday campaign featuring Selena Gomez, Tate McRae and Mrs. Claus. These moves may help refresh its offering and attract shoppers during the holiday season. DECORTÉ partnership announcement Ulta Beauty holiday campaign
• Neutral Sentiment: Citigroup raised its price target to $685 from $580, implying about 6.2% upside from the cited $644.76 share price, but maintained a “neutral” rating. The higher target is a more favorable valuation view, not a bullish rating change. Citigroup stock recommendations
• Negative Sentiment: An opinion article characterized Black women’s departure to Ulta salons as a warning. It may point to customer-retention or service concerns, but the headline alone does not establish the scale or financial impact. Opinion article on Ulta salons

Ulta Beauty Profile

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty’s private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.