Mirae Asset Global Investments Co. Ltd. Buys 1,376 Shares of Ulta Beauty Inc. $ULTA

Mirae Asset Global Investments Co. Ltd. raised its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 20.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 8,259 shares of the specialty retailer’s stock after purchasing an additional 1,376 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Ulta Beauty were worth $4,997,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ULTA. Harbor Capital Advisors Inc. acquired a new stake in Ulta Beauty during the 3rd quarter valued at approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in Ulta Beauty during the 3rd quarter valued at approximately $31,000. Abich Financial Wealth Management LLC acquired a new stake in Ulta Beauty during the 3rd quarter valued at approximately $31,000. BOKF NA acquired a new stake in Ulta Beauty during the 3rd quarter valued at approximately $31,000. Finally, Steigerwald Gordon & Koch Inc. increased its position in Ulta Beauty by 2,550.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 51 shares during the period. Institutional investors and hedge funds own 90.39% of the company’s stock.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Jefferies upgraded ULTA to Buy and raised its price target to $700, arguing the beauty cycle is improving, merchandising is better executed and margins should be more disciplined — a direct driver of today’s upside. Jefferies Upgrades Ulta Beauty to Buy With a $700 Target
• Positive Sentiment: Market reports noted shares jumped after the Jefferies upgrade, signaling renewed investor confidence in Ulta’s cosmetics momentum and execution. Why Ulta (ULTA) Stock Is Trading Up Today
• Positive Sentiment: Coverage on investor platforms and “hot picks” rounds up Ulta among retailers leading a retail rebound, reinforcing the bullish narrative from brokers and driving positive sentiment. Hot Picks: Ulta Beauty, Interparfums and Edgewell lead retail rebound
• Positive Sentiment: Analyst/stock-picking writeups (Zacks) continue to list Ulta as a long-term conviction name, supporting longer-horizon demand from institutional and retail buyers. Why Ulta Beauty (ULTA) is a Top Stock for the Long-Term
• Positive Sentiment: The Motley Fool highlighted Ulta as one of two retailers with pricing power, a favorable attribute in the current consumer backdrop that can support margins and earnings stability. These 2 Retailers Have Pricing Power and That’s Everything Right Now
• Negative Sentiment: Ulta plans to close its downtown Naperville store at month’s end — a small local footprint reduction that is likely immaterial to companywide performance but may be viewed negatively by some investors focused on store-level trends. Ulta Beauty to leave downtown Naperville at month’s end

Insider Buying and Selling

In related news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total transaction of $243,759.08. Following the transaction, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. This represents a 15.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.39% of the stock is owned by insiders.

Ulta Beauty Price Performance

Shares of NASDAQ:ULTA opened at $570.16 on Wednesday. The company has a market capitalization of $24.94 billion, a price-to-earnings ratio of 22.25, a P/E/G ratio of 2.10 and a beta of 0.95. The business’s 50-day moving average is $593.46 and its 200-day moving average is $588.12. Ulta Beauty Inc. has a 1 year low of $369.39 and a 1 year high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The firm’s revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Analysts anticipate that Ulta Beauty Inc. will post 28.41 EPS for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ULTA. Raymond James Financial reissued a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. Jefferies Financial Group raised Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the company from $635.00 to $700.00 in a research note on Monday. Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a research note on Wednesday, January 21st. Telsey Advisory Group boosted their price objective on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research note on Monday, March 9th. Finally, UBS Group reissued a “buy” rating and issued a $810.00 price objective on shares of Ulta Beauty in a research note on Friday, March 13th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $674.23.

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.