Public Employees Retirement Association of Colorado Has $24.41 Million Holdings in Ulta Beauty Inc. $ULTA

Posted by Stanley Muller on Jun 15th, 2026

Public Employees Retirement Association of Colorado grew its stake in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 828.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 40,348 shares of the specialty retailer’s stock after buying an additional 36,000 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Ulta Beauty were worth $24,411,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Ulta Beauty in the fourth quarter valued at approximately $430,963,000. Bowen Hanes & Co. Inc. acquired a new position in Ulta Beauty during the third quarter worth $6,012,000. Intech Investment Management LLC boosted its holdings in Ulta Beauty by 135.6% during the third quarter. Intech Investment Management LLC now owns 6,506 shares of the specialty retailer’s stock worth $3,557,000 after purchasing an additional 3,744 shares during the last quarter. Oliver Luxxe Assets LLC acquired a new position in Ulta Beauty during the fourth quarter worth $8,009,000. Finally, Keystone Investors PTE Ltd. acquired a new position in Ulta Beauty during the third quarter worth $6,605,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Piper Sandler reduced their target price on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. Canaccord Genuity Group reduced their target price on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Guggenheim assumed coverage on shares of Ulta Beauty in a report on Monday, April 20th. They set a “buy” rating for the company. Finally, Telsey Advisory Group increased their target price on shares of Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Ulta Beauty presently has an average rating of “Moderate Buy” and an average target price of $644.91.

Read Our Latest Analysis on Ulta Beauty

Ulta Beauty Price Performance

Shares of ULTA stock opened at $467.74 on Monday. The stock has a market cap of $20.11 billion, a P/E ratio of 17.54, a P/E/G ratio of 1.46 and a beta of 0.86. The company has a fifty day moving average price of $516.26 and a two-hundred day moving average price of $583.18. Ulta Beauty Inc. has a one year low of $452.05 and a one year high of $714.97.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating analysts’ consensus estimates of $6.89 by $0.85. The firm had revenue of $3.16 billion during the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. The company’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the company posted $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, equities research analysts anticipate that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the sale, 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 legal filing with the SEC, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

About Ulta Beauty

(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.