VIRGINIA RETIREMENT SYSTEMS ET Al Sells 1,480 Shares of Ulta Beauty Inc. $ULTA

Posted by George Bondi on Oct 31st, 2026

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 2.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 71,740 shares of the specialty retailer’s stock after selling 1,480 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Ulta Beauty were worth $39,182,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in ULTA. BlackRock Inc. bought a new stake in shares of Ulta Beauty in the second quarter valued at about $1,815,712,000. Bank of America Corp DE bought a new position in Ulta Beauty during the second quarter valued at about $260,192,000. Legal & General Group Plc bought a new position in Ulta Beauty during the second quarter valued at about $161,600,000. Deutsche Bank AG bought a new position in Ulta Beauty during the second quarter valued at about $124,784,000. Finally, Bank of New York Mellon Corp acquired a new position in Ulta Beauty in the 2nd quarter valued at approximately $105,317,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Insider Buying and Selling at Ulta Beauty

In other Ulta Beauty news, CEO Kecia Steelman sold 2,000 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the completion of the transaction, the chief executive officer directly owned 40,489 shares in the company, valued at $22,102,135.32. This represents a 4.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Lorna Nagler sold 600 shares of Ulta Beauty stock in a transaction on Friday, September 11th. The shares were sold at an average price of $537.31, for a total value of $322,386.00. Following the transaction, the director directly owned 7,168 shares of the company’s stock, valued at approximately $3,851,438.08. The trade was a 7.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.20% of the stock is owned by insiders.

Analyst Ratings Changes

A number of analysts have commented on ULTA shares. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Friday, August 21st. Sanford C. Bernstein upgraded Ulta Beauty to an “outperform” rating in a research report on Tuesday, September 15th. DA Davidson restated a “buy” rating and issued a $625.00 target price on shares of Ulta Beauty in a research note on Monday, September 14th. Wells Fargo & Company raised Ulta Beauty from an “underweight” rating to an “equal weight” rating and raised their target price for the stock from $450.00 to $525.00 in a research report on Tuesday, September 15th. Finally, Bank of America decreased their price target on shares of Ulta Beauty from $685.00 to $650.00 and set a “buy” rating on the stock in a research note on Friday, August 28th. Twenty-four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $631.30.

Get Our Latest Stock Analysis on Ulta Beauty

Ulta Beauty Stock Down 1.2%

NASDAQ:ULTA opened at $640.43 on Friday. The firm has a market capitalization of $27.38 billion, a PE ratio of 23.34, a price-to-earnings-growth ratio of 1.94 and a beta of 0.84. Ulta Beauty Inc. has a 12-month low of $443.60 and a 12-month high of $714.97. The firm has a 50-day moving average price of $564.84 and a 200 day moving average price of $554.29.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, beating analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%. The company had revenue of $3.04 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the previous year, the business earned $5.78 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts expect that Ulta Beauty Inc. will post 28.95 EPS for the current year.

Ulta Beauty Company Profile

(Free Report)

Ulta Beauty, Inc is a specialty beauty retailer that offers cosmetics, skincare, haircare, fragrance, bath and body products, beauty tools, and related accessories. Its assortment includes national and emerging brands, prestige and mass-market products, and Ulta Beauty’s private-label merchandise. The company also provides salon services, including hair styling, haircuts, coloring, and treatments, along with brow and skin services in many of its locations.

Founded in 1990 as Ulta Salon, Cosmetics & Fragrance, the company operates primarily in the United States through a network of retail stores and digital channels, including its website and mobile application.