The Manufacturers Life Insurance Company Has $12.28 Million Stake in Ulta Beauty Inc. $ULTA

Posted by Stanley Muller on Aug 3rd, 2026

The Manufacturers Life Insurance Company cut its stake in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 7.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,491 shares of the specialty retailer’s stock after selling 1,949 shares during the period. The Manufacturers Life Insurance Company owned approximately 0.05% of Ulta Beauty worth $12,279,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Optimize Financial Inc lifted its holdings in shares of Ulta Beauty by 1.4% in the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after purchasing an additional 16 shares in the last quarter. Sound Income Strategies LLC grew its holdings in shares of Ulta Beauty by 13.1% during the fourth quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock worth $98,000 after buying an additional 17 shares in the last quarter. Legacy Advisors LLC grew its holdings in shares of Ulta Beauty by 1.2% during the fourth quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock worth $934,000 after buying an additional 18 shares in the last quarter. Root Financial Partners LLC raised its position in Ulta Beauty by 12.1% in the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock valued at $87,000 after buying an additional 18 shares during the last quarter. Finally, Roberts Glore & Co. Inc. IL raised its position in Ulta Beauty by 5.3% in the 4th quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer’s stock valued at $238,000 after buying an additional 20 shares during the last quarter. Institutional investors own 90.39% of the company’s stock.

Insider Buying and Selling

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the stock in a transaction on Monday, June 15th. The shares were sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director owned 2,404 shares in the company, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.20% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have commented on ULTA. Piper Sandler cut their target price on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. B. Riley Financial lowered their price objective on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. TD Cowen reissued a “buy” rating on shares of Ulta Beauty in a research report on Tuesday, July 21st. Loop Capital reissued a “hold” rating and issued a $550.00 price objective on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Finally, Weiss Ratings cut shares of Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 3rd. One 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 stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $638.09.

Get Our Latest Stock Analysis on Ulta Beauty

Ulta Beauty Price Performance

ULTA stock opened at $512.83 on Monday. The company has a market cap of $22.05 billion, a price-to-earnings ratio of 19.23, a P/E/G ratio of 1.60 and a beta of 0.87. Ulta Beauty Inc. has a twelve month low of $443.60 and a twelve month high of $714.97. The business has a 50 day moving average price of $477.49 and a two-hundred day moving average price of $552.88.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business’s revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. On average, equities research analysts anticipate that Ulta Beauty Inc. will post 28.77 EPS for the current fiscal 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.