Saudi Central Bank Has $1.38 Million Stock Holdings in Ulta Beauty Inc. $ULTA

Saudi Central Bank boosted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 87.0% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,062 shares of the specialty retailer’s stock after purchasing an additional 1,425 shares during the quarter. Saudi Central Bank’s holdings in Ulta Beauty were worth $1,381,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Ulta Beauty during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC grew its holdings in Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 43 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in Ulta Beauty in the 4th quarter valued at approximately $30,000. Ascentis Independent Advisors bought a new position in shares of Ulta Beauty during the first quarter valued at $29,000. Finally, Virtus Advisers LLC acquired a new position in shares of Ulta Beauty during the fourth quarter worth $33,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Loop Capital reaffirmed a “hold” rating and set a $550.00 target price on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Jefferies Financial Group reaffirmed a “buy” rating and issued a $650.00 price objective on shares of Ulta Beauty in a research note on Friday, August 28th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Argus set a $550.00 price objective on shares of Ulta Beauty in a research note on Thursday, June 18th. Finally, Canaccord Genuity Group lowered their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Ulta Beauty presently has an average rating of “Moderate Buy” and an average price target of $624.57.

Insider Activity

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the business’s stock in a transaction on Monday, June 15th. The shares were 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 of the company’s stock, valued at $1,143,919.36. The trade was a 13.74% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by company insiders.

Ulta Beauty Trading Down 2.6%

Shares of ULTA opened at $549.23 on Wednesday. The stock has a 50 day moving average of $509.19 and a 200 day moving average of $527.10. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97. The company has a market capitalization of $23.49 billion, a price-to-earnings ratio of 20.02, a PEG ratio of 1.69 and a beta of 0.85.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping 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 company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the firm earned $5.78 EPS. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. As a group, equities research analysts predict that Ulta Beauty Inc. will post 28.93 earnings per share for the current 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.