Hsbc Holdings PLC Grows Stake in Ulta Beauty Inc. $ULTA

Hsbc Holdings PLC lifted its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 43.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 211,826 shares of the specialty retailer’s stock after purchasing an additional 63,931 shares during the quarter. Hsbc Holdings PLC’s holdings in Ulta Beauty were worth $95,448,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. 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 lifted its stake in shares of Ulta Beauty by 860.0% in the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after buying an additional 43 shares in the last quarter. Nalls Sherbakoff Group LLC bought a new position in shares of Ulta Beauty in the fourth quarter worth approximately $30,000. Ascentis Independent Advisors purchased a new stake in shares of Ulta Beauty during the first quarter valued at approximately $29,000. Finally, Virtus Advisers LLC purchased a new stake in shares of Ulta Beauty during the fourth quarter valued at approximately $33,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $564.12 on Monday. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97. The firm’s 50 day moving average is $505.13 and its 200 day moving average is $529.09. The stock has a market capitalization of $24.12 billion, a P/E ratio of 20.56, a P/E/G ratio of 1.69 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results 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. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same period in the previous year, the business earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities analysts predict that Ulta Beauty Inc. will post 28.93 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on ULTA. Citigroup boosted their price objective on shares of Ulta Beauty from $560.00 to $580.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Ulta Beauty in a research note on Monday, August 31st. Raymond James Financial reissued a “strong-buy” rating and issued a $700.00 target price on shares of Ulta Beauty in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft increased their price objective on Ulta Beauty from $692.00 to $695.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Finally, Evercore set a $635.00 price objective on Ulta Beauty in a report on Wednesday, June 3rd. One 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. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $626.59.

Insider Activity at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director directly owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.20% of the stock is owned by insiders.

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.