Ulta Beauty Inc. $ULTA Shares Acquired by Huntington National Bank

Huntington National Bank grew its position in Ulta Beauty Inc. (NASDAQ:ULTAFree Report) by 13.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 104,141 shares of the specialty retailer’s stock after acquiring an additional 12,369 shares during the quarter. Huntington National Bank’s holdings in Ulta Beauty were worth $63,006,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of ULTA. Vanguard Group Inc. lifted its holdings in shares of Ulta Beauty by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 5,376,848 shares of the specialty retailer’s stock worth $3,253,047,000 after purchasing an additional 23,434 shares during the period. State Street Corp lifted its holdings in shares of Ulta Beauty by 2.3% during the third quarter. State Street Corp now owns 1,975,260 shares of the specialty retailer’s stock worth $1,079,973,000 after purchasing an additional 44,182 shares during the period. Sanders Capital LLC lifted its holdings in shares of Ulta Beauty by 8.9% during the third quarter. Sanders Capital LLC now owns 1,263,820 shares of the specialty retailer’s stock worth $690,994,000 after purchasing an additional 103,540 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Ulta Beauty by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 1,240,210 shares of the specialty retailer’s stock worth $747,587,000 after purchasing an additional 21,947 shares during the period. Finally, Invesco Ltd. lifted its holdings in shares of Ulta Beauty by 33.6% during the third quarter. Invesco Ltd. now owns 840,383 shares of the specialty retailer’s stock worth $459,479,000 after purchasing an additional 211,485 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director owned 2,383 shares in the company, valued at $1,285,128.07. This trade represents a 15.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. Wedbush assumed coverage on Ulta Beauty in a report on Monday, April 20th. They set an “outperform” rating for the company. TD Cowen assumed coverage on Ulta Beauty in a report on Monday, April 20th. They set a “buy” rating for the company. Canaccord Genuity Group increased their price target on Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a report on Tuesday, March 10th. Wells Fargo & Company raised Ulta Beauty from a “strong sell” rating to an “overweight” rating in a report on Monday, April 20th. Finally, Jefferies Financial Group raised Ulta Beauty from a “hold” rating to a “buy” rating and increased their price target for the stock from $635.00 to $700.00 in a report on Monday, April 20th. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $687.95.

Get Our Latest Analysis on Ulta Beauty

Ulta Beauty Stock Performance

NASDAQ:ULTA opened at $507.35 on Thursday. The stock has a fifty day moving average price of $525.97 and a two-hundred day moving average price of $586.11. The stock has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.80, a PEG ratio of 1.79 and a beta of 0.89. Ulta Beauty Inc. has a 1 year low of $414.21 and a 1 year high of $714.97.

Ulta Beauty (NASDAQ:ULTAGet Free Report) last released its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.08. The firm had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.Ulta Beauty’s revenue was up 11.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $8.46 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, analysts predict that Ulta Beauty Inc. will post 28.47 EPS for the current year.

Ulta Beauty Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding ULTA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ulta Beauty Inc. (NASDAQ:ULTAFree Report).

Institutional Ownership by Quarter for Ulta Beauty (NASDAQ:ULTA)

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