40,597 Shares in Ulta Beauty Inc. $ULTA Acquired by Diamond Hill Capital Management LLC Investment Advisor

Posted by Geri Gentry on Aug 17th, 2026

Diamond Hill Capital Management LLC Investment Advisor purchased a new position in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) during the second quarter, Holdings Channel reports. The fund purchased 40,597 shares of the specialty retailer’s stock, valued at approximately $18,308,000.

Other large investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac purchased a new stake in shares of Ulta Beauty during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC grew its holdings in shares of Ulta Beauty by 860.0% in 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 during the last quarter. Strengthening Families & Communities LLC increased its stake in shares of Ulta Beauty by 4,200.0% in the fourth quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after buying an additional 42 shares during the period. Clearstead Trust LLC purchased a new position in shares of Ulta Beauty in the second quarter worth $27,000. Finally, Ascentis Independent Advisors bought a new stake in Ulta Beauty during the 1st quarter valued at $29,000. 90.39% of the stock is owned by hedge funds and other institutional investors.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $510.75 on Monday. The stock has a fifty day moving average of $485.61 and a 200 day moving average of $543.45. Ulta Beauty Inc. has a 52 week low of $443.60 and a 52 week high of $714.97. The firm has a market capitalization of $21.96 billion, a price-to-earnings ratio of 19.15, a PEG ratio of 1.59 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last released its quarterly earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share for the quarter, beating the consensus estimate of $6.89 by $0.85. The business had revenue of $3.16 billion for 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 firm’s revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. Equities research analysts anticipate that Ulta Beauty Inc. will post 28.78 earnings per share for the current year.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated 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 approximately $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 accessible through this hyperlink. Corporate insiders own 0.20% of the company’s stock.

Wall Street Analysts Forecast Growth

ULTA has been the subject of several analyst reports. Evercore set a $635.00 price target on shares of Ulta Beauty in a research report on Wednesday, June 3rd. Canaccord Genuity Group decreased their price objective on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Piper Sandler lowered their price objective on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Wells Fargo & Company dropped their target price on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a report on Wednesday, June 3rd. Finally, The Goldman Sachs Group dropped their target price on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $638.09.

Read Our Latest Report on Ulta Beauty

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.