Healthcare of Ontario Pension Plan Trust Fund grew its position in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 452.3% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 9,787 shares of the specialty retailer’s stock after acquiring an additional 8,015 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Ulta Beauty were worth $5,116,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Ulta Beauty in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC boosted its position in Ulta Beauty by 860.0% during the first quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares in the last quarter. Strengthening Families & Communities LLC boosted its position in Ulta Beauty by 4,200.0% during the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 42 shares in the last quarter. Ascentis Independent Advisors acquired a new stake in Ulta Beauty in the first quarter valued at approximately $29,000. Finally, Nalls Sherbakoff Group LLC acquired a new stake in Ulta Beauty in the fourth quarter valued at approximately $30,000. Institutional investors and hedge funds own 90.39% of the company’s stock.
Analyst Ratings Changes
Several brokerages have recently weighed in on ULTA. Wells Fargo & Company reduced their target price on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research note on Wednesday, June 3rd. Canaccord Genuity Group dropped their price target on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. JPMorgan Chase & Co. cut their price target 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. DA Davidson reduced their price objective on shares of Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Finally, Piper Sandler decreased their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $638.09.
Insider Transactions at Ulta Beauty
In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty 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 document filed with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by company insiders.
Key Ulta Beauty News
Here are the key news stories impacting Ulta Beauty this week:
- Positive Sentiment: BofA reiterated its Buy rating and said Ulta could recapture approximately $650 million in gross merchandise value following the end of its Target partnership. The analyst believes the opportunity could support future revenue and EBIT growth as Ulta redirects customers and sales through its own stores and channels. Ulta Beauty Could Turn Target Partnership Exit into a Revenue Growth Opportunity
- Positive Sentiment: Recent partnerships are reinforcing Ulta’s growth narrative. A collaboration with Pacsun combines fashion and beauty merchandising, while intimate-wellness brand plusOne launched at Ulta. These initiatives could increase traffic, broaden product offerings and drive incremental basket growth. Pacsun and Ulta Beauty Collaboration
- Positive Sentiment: Strong first-quarter execution continues to support investor confidence. Ulta recently reported 11.1% revenue growth to about $3.2 billion, 5.3% comparable-sales growth and a 15.5% increase in diluted EPS to $7.74. Management raised fiscal 2026 EPS guidance to $28.36–$28.80 while maintaining its 6%–7% sales-growth outlook.
- Neutral Sentiment: Value and momentum screens, including Zacks’ commentary, identify ULTA as attractively valued relative to its earnings and growth profile. However, these are quantitative assessments rather than new company-specific catalysts. Why Ulta Beauty Is a Strong Value Stock
- Negative Sentiment: Recent insider activity showed sales rather than purchases, although the disclosed transactions were limited and do not necessarily indicate a change in Ulta’s operating outlook.
Ulta Beauty Price Performance
Shares of Ulta Beauty stock opened at $508.09 on Thursday. The stock has a market capitalization of $21.84 billion, a P/E ratio of 19.05, a PEG ratio of 1.56 and a beta of 0.88. The business has a 50 day simple moving average of $477.28 and a two-hundred day simple moving average of $554.98. Ulta Beauty Inc. has a 12 month low of $443.60 and a 12 month high of $714.97.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last issued its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.89 by $0.85. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.12 billion. During the same period in the previous year, the company posted $6.70 earnings per share. The business’s revenue was up 11.1% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, research analysts anticipate that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal year.
About Ulta Beauty
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.
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