Northwestern Mutual Wealth Management Co. Invests $879,000 in Ulta Beauty Inc. $ULTA

Northwestern Mutual Wealth Management Co. acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the second quarter, Holdings Channel reports. The firm acquired 1,949 shares of the specialty retailer’s stock, valued at approximately $879,000.

Other institutional investors also recently added to or reduced their stakes in the company. Quantbot Technologies LP purchased a new position in Ulta Beauty in the second quarter valued at about $295,000. Evolve Private Wealth LLC purchased a new stake in shares of Ulta Beauty during the second quarter valued at about $580,000. Westpac Banking Corp purchased a new stake in shares of Ulta Beauty during the second quarter valued at about $4,402,000. Landscape Capital Management L.L.C. bought a new stake in shares of Ulta Beauty in the 2nd quarter valued at about $3,668,000. Finally, Korea Investment CORP purchased a new position in shares of Ulta Beauty in the 2nd quarter worth approximately $21,319,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $537.22 on Wednesday. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The firm has a market capitalization of $23.10 billion, a price-to-earnings ratio of 20.14, a PEG ratio of 1.68 and a beta of 0.87. The stock’s 50-day simple moving average is $492.80 and its 200-day simple moving average is $536.87.

Ulta Beauty (NASDAQ:ULTA) last announced its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, beating the consensus estimate of $6.89 by $0.85. The firm had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.12 billion. Ulta Beauty had a net margin of 9.36% and a return on equity of 44.77%. Ulta Beauty’s revenue was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $6.70 EPS. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 28.76 earnings per share for the current year.

Key Headlines Impacting Ulta Beauty

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

• Positive Sentiment: Deutsche Bank expects Ulta Beauty’s fiscal second-quarter same-store sales growth to exceed consensus estimates, raising expectations for a potential earnings and revenue beat. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat, Deutsche Bank Says
• Positive Sentiment: Analysts continue to support the stock, with UBS maintaining a Buy rating and a $735 price target, while Canaccord Genuity reiterated its Buy rating and $731 target. Their views cite durable growth and the company’s Ulta Beauty Unleashed strategy. UBS Ulta Beauty Rating Canaccord Genuity Ulta Beauty Rating
• Positive Sentiment: Ulta Beauty’s nationwide agreement with Chinese beauty brand Proya should broaden its product assortment and support international brand exposure. The company also filed plans for another store in Huber Heights, Ohio, indicating continued physical expansion. Proya Ulta Beauty Agreement Ulta Beauty Huber Heights Location
• Neutral Sentiment: Options activity suggests traders are positioning for a potentially significant move, but the available report does not establish whether those bets are bullish or bearish. Reported short-interest data showed zero shares and an anomalous “NaN” change, making it unreliable as a trading signal. Ulta Beauty Options Activity
• Negative Sentiment: Although analysts expect second-quarter sales and EPS growth, previews also highlight potential margin pressure. That uncertainty, along with profit-taking after the recent rally, may be limiting the stock’s response to favorable news. Ulta’s latest reported quarter showed an EPS and revenue beat, with revenue up 11.1% year over year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the transaction, the director owned 2,404 shares in the company, valued at approximately $1,143,919.36. This represents a 13.74% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.20% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on ULTA. JPMorgan Chase & Co. reduced their price objective on shares of Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Argus set a $550.00 target price on shares of Ulta Beauty in a research note on Thursday, June 18th. Piper Sandler cut their price target on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Bank of America raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price target on the stock in a research report on Tuesday, May 5th. Finally, Deutsche Bank Aktiengesellschaft upped their price target on Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday. One analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Ulta Beauty currently has an average rating of “Moderate Buy” and an average target price of $636.41.

About Ulta Beauty

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.