Tidal Investments LLC lifted its position in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 34.6% in the 2nd quarter, Holdings Channel reports. The fund owned 17,553 shares of the specialty retailer’s stock after buying an additional 4,513 shares during the period. Tidal Investments LLC’s holdings in Ulta Beauty were worth $7,916,000 as of its most recent filing with the SEC.
A number of other large investors have also modified their holdings of the company. Norges Bank acquired a new stake in shares of Ulta Beauty in the fourth quarter valued at approximately $430,963,000. Atria Investments Inc boosted its position in shares of Ulta Beauty by 42.7% during the fourth quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer’s stock worth $4,233,000 after buying an additional 2,093 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Ulta Beauty by 97.3% during the first quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer’s stock worth $18,681,000 after buying an additional 17,625 shares during the period. Oxbow Advisors LLC bought a new position in Ulta Beauty in the 1st quarter worth approximately $3,024,000. Finally, National Pension Service grew its holdings in Ulta Beauty by 2,704.0% in the 4th quarter. National Pension Service now owns 79,465 shares of the specialty retailer’s stock worth $48,077,000 after buying an additional 76,631 shares in the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.
Insider Buying and Selling at Ulta Beauty
In related news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the transaction, the director owned 2,404 shares of the company’s stock, valued at approximately $1,143,919.36. This trade represents a 13.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.20% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Analysis on Ulta Beauty
Ulta Beauty Stock Up 2.1%
Shares of ULTA stock opened at $546.78 on Friday. The stock has a 50-day simple moving average of $514.13 and a 200 day simple moving average of $525.15. The stock has a market capitalization of $23.38 billion, a P/E ratio of 19.93, a P/E/G ratio of 1.63 and a beta of 0.85. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.22 by $0.33. The company had revenue of $3.04 billion for the quarter, compared to analysts’ expectations of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The business’s revenue was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, sell-side analysts anticipate that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.
Ulta Beauty Profile
Ulta Beauty, Inc is a specialty beauty retailer operating under the Ulta Beauty brand. The company sells a broad selection of cosmetics, skincare, haircare, fragrance, bath and body products, and beauty tools across a range of price points. Its merchandise includes both established brands and private-label products, as well as prestige, mass-market and professional beauty offerings.
In addition to retail sales, Ulta Beauty provides services through salon locations within many of its stores, including hair, skin and brow services.
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