Sirios Capital Management L P Invests $763,000 in Ulta Beauty Inc. $ULTA

Sirios Capital Management L P bought a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 1,396 shares of the specialty retailer’s stock, valued at approximately $763,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Cary Street Partners Investment Advisory LLC lifted its position in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock valued at $25,000 after acquiring an additional 28 shares during the last quarter. Harbor Capital Advisors Inc. purchased a new position in shares of Ulta Beauty during the third quarter worth about $25,000. Grey Fox Wealth Advisors LLC purchased a new position in shares of Ulta Beauty during the third quarter worth about $31,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Ulta Beauty during the third quarter worth about $31,000. Finally, BOKF NA purchased a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $31,000. 90.39% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Ulta Beauty

Here are the key news stories impacting Ulta Beauty this week:

• Positive Sentiment: Q4 top-line beat — net sales rose ~11.8% to about $3.9B, driven by comps and new stores, showing resilient demand. Read More.
• Positive Sentiment: Digital momentum and new channels: Ulta cites AI-driven personalization boosting e‑commerce and is launching a curated assortment on TikTok Shop to reach younger customers. Read More.
• Neutral Sentiment: FY2026 outlook shows growth but slower cadence — management guided to mid-single-digit sales growth (roughly 6–7%) and provided an EPS range; the plan signals continued growth but a deceleration from FY25. Read More.
• Neutral Sentiment: Analysts largely keep positive ratings but are trimming price targets after the print — many firms reaffirm buy/overweight while lowering targets to reflect the more cautious margin/advertising outlook. Read More.
• Negative Sentiment: Margin pressure from rising costs and higher SG&A — operating margin compressed as advertising, incentive compensation and strategic investments increased, squeezing EPS versus last year. Read More.
• Negative Sentiment: Market disappointed by the forward profit signal — investors viewed the FY26 profit/same-store-sales targets and incremental spending as conservative or risk-increasing, triggering heavy selling and analyst target resets. Read More.
• Negative Sentiment: High-volume selloff and volatile sentiment — the post-earnings move has driven large intraday volume and rapid target revisions, increasing short-term downside risk despite longer-term bullish arguments. Read More.

Ulta Beauty Stock Down 14.2%

Shares of ULTA stock opened at $535.72 on Friday. The stock’s 50-day moving average price is $665.60 and its 200 day moving average price is $586.85. The stock has a market capitalization of $23.76 billion, a PE ratio of 20.90, a price-to-earnings-growth ratio of 2.84 and a beta of 0.82. Ulta Beauty Inc. has a 52-week low of $323.36 and a 52-week high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 44.44% and a net margin of 9.31%.The company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period last year, the firm earned $8.46 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Analysts expect that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on ULTA. Jefferies Financial Group initiated coverage on Ulta Beauty in a research report on Wednesday, January 14th. They issued a “hold” rating and a $700.00 target price for the company. Evercore boosted their price objective on Ulta Beauty from $640.00 to $660.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. Piper Sandler restated an “overweight” rating and set a $725.00 target price (down from $775.00) on shares of Ulta Beauty in a research report on Friday. JPMorgan Chase & Co. cut their target price on shares of Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a report on Friday. Finally, TD Cowen reduced their price target on shares of Ulta Beauty from $775.00 to $750.00 and set a “buy” rating for the company in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $671.27.

Ulta Beauty Company Profile

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.