Ulta Beauty Inc. $ULTA Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 512,509.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,464,000 shares of the specialty retailer’s stock after purchasing an additional 6,462,739 shares during the period. Ulta Beauty comprises approximately 26.6% of International Assets Investment Management LLC’s holdings, making the stock its biggest position. International Assets Investment Management LLC owned approximately 0.15% of Ulta Beauty worth $3,530,443,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ULTA. Soltis Investment Advisors LLC increased its holdings in Ulta Beauty by 6.7% during the third quarter. Soltis Investment Advisors LLC now owns 508 shares of the specialty retailer’s stock valued at $278,000 after buying an additional 32 shares during the last quarter. United Asset Strategies Inc. bought a new position in Ulta Beauty in the third quarter worth approximately $884,000. Choreo LLC raised its position in Ulta Beauty by 6.9% in the third quarter. Choreo LLC now owns 3,181 shares of the specialty retailer’s stock worth $1,737,000 after acquiring an additional 206 shares during the period. Interchange Capital Partners LLC bought a new position in Ulta Beauty in the third quarter worth approximately $232,000. Finally, D.A. Davidson & CO. boosted its stake in shares of Ulta Beauty by 66.8% during the 3rd quarter. D.A. Davidson & CO. now owns 914 shares of the specialty retailer’s stock worth $499,000 after acquiring an additional 366 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

ULTA opened at $640.43 on Friday. The company has a 50 day simple moving average of $564.84 and a two-hundred day simple moving average of $554.29. The firm has a market cap of $27.38 billion, a P/E ratio of 23.34, a PEG ratio of 1.94 and a beta of 0.84. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, beating the consensus estimate of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The firm had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the firm earned $5.78 EPS. The company’s 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. Equities analysts anticipate that Ulta Beauty Inc. will post 28.95 earnings per share for the current year.

Insiders Place Their Bets

In other Ulta Beauty news, CEO Kecia Steelman sold 2,000 shares of the stock in a transaction 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 completion of the sale, the chief executive officer owned 40,489 shares in the company, valued at approximately $22,102,135.32. This represents a 4.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Lorna Nagler sold 600 shares of the firm’s stock in a transaction dated Friday, September 11th. The shares were 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 in the company, valued at approximately $3,851,438.08. This represents a 7.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

ULTA has been the subject of a number of recent research reports. The Goldman Sachs Group boosted their price objective on shares of Ulta Beauty from $648.00 to $667.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Bank of America decreased their target price on Ulta Beauty from $685.00 to $650.00 and set a “buy” rating on the stock in a report on Friday, August 28th. DA Davidson reiterated a “buy” rating and set a $625.00 target price on shares of Ulta Beauty in a research report on Monday, September 14th. Citigroup lowered Ulta Beauty from a “neutral” rating to a “market perform” rating in a report on Tuesday, September 15th. Finally, UBS Group set a $631.00 price target on Ulta Beauty in a research report on Friday, August 28th. Twenty-four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Ulta Beauty currently has an average rating of “Moderate Buy” and a consensus target price of $631.30.

About Ulta Beauty

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.