Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 12,231 shares of the specialty retailer’s stock, valued at approximately $6,680,000.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Ascentis Independent Advisors purchased a new position in Ulta Beauty in the first quarter valued at about $29,000. Clearstead Trust LLC purchased a new stake in shares of Ulta Beauty in the second quarter worth about $27,000. Elevation Wealth Partners LLC boosted its position in shares of Ulta Beauty by 46.7% in the third quarter. Elevation Wealth Partners LLC now owns 66 shares of the specialty retailer’s stock worth $36,000 after buying an additional 21 shares during the period. Archer Investment Corp purchased a new stake in shares of Ulta Beauty in the second quarter worth about $56,000. Finally, Latitude Advisors LLC acquired a new stake in shares of Ulta Beauty in the third quarter valued at about $75,000. 90.39% of the stock is owned by hedge funds and other institutional investors.
Ulta Beauty Price Performance
Shares of Ulta Beauty stock opened at $649.80 on Friday. The business has a 50-day moving average of $573.69 and a 200-day moving average of $553.92. The company has a market capitalization of $27.78 billion, a PE ratio of 23.68, a P/E/G ratio of 1.97 and a beta of 0.83. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97.
Ulta Beauty (NASDAQ:ULTA – Get Free Report) last announced its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping 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 business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. During the same period in the previous year, the company earned $5.78 earnings per share. The company’s revenue for the quarter was up 8.9% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, equities analysts expect that Ulta Beauty Inc. will post 28.95 earnings per share for the current fiscal year.
Ulta Beauty News Roundup
Here are the key news stories impacting Ulta Beauty this week:
- Positive Sentiment: Ulta is adding beauty and wellness brands to its assortment: Abib is launching in more than 300 stores, DECORTÉ will sell select skincare products at selected locations, and Clöud Café is expanding its presence with a K-wellness endcap. Wider brand selection may support customer interest and sales, though the announcements do not quantify their expected contribution. Abib launch announcement DECORTÉ partnership announcement Clöud Café expansion announcement
- Positive Sentiment: Ulta’s holiday campaign featuring Selena Gomez, Tate McRae and Mrs. Claus could help raise visibility during the key seasonal shopping period. Ulta holiday campaign
- Neutral Sentiment: Zacks coverage highlights investor attention and Ulta’s momentum-stock characteristics, but it offers no major new company development or earnings estimate change. Zacks investor-attention article
- Negative Sentiment: An opinion piece frames Black women’s move to Ulta salons as a warning rather than a solution, raising questions about whether the salon experience adequately meets their needs. The article could draw attention to customer inclusion and service quality, but it does not report a quantified business impact. Opinion on Black women and Ulta salons
Wall Street Analysts Forecast Growth
Several equities research analysts recently commented on the company. Cantor Fitzgerald started coverage on Ulta Beauty in a report on Tuesday, September 15th. They set an “overweight” rating on the stock. Guggenheim started coverage on Ulta Beauty in a research report on Tuesday, September 15th. They set a “buy” rating on the stock. Royal Bank Of Canada upgraded Ulta Beauty to an “outperform” rating in a report on Tuesday, September 15th. Barclays dropped their price objective on shares of Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating on the stock in a research note on Friday, August 28th. Finally, The Goldman Sachs Group boosted their target price on shares of Ulta Beauty from $648.00 to $667.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and eight have given a Hold rating to the company. According to MarketBeat.com, Ulta Beauty has a consensus rating of “Moderate Buy” and a consensus price target of $631.30.
Read Our Latest Analysis on ULTA
Insider Buying and Selling
In other Ulta Beauty news, CEO Kecia Steelman sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer owned 40,489 shares in the company, valued at $22,102,135.32. This trade represents a 4.71% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lorna Nagler sold 600 shares of Ulta Beauty stock in a transaction that occurred on Friday, September 11th. The stock was sold at an average price of $537.31, for a total value of $322,386.00. Following the sale, the director owned 7,168 shares in the company, valued at $3,851,438.08. This represents a 7.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.20% of the stock is owned by company insiders.
Ulta Beauty Profile
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.
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