NWK Group Inc. Takes $8.12 Million Position in Ulta Beauty Inc. $ULTA

NWK Group Inc. purchased a new stake in Ulta Beauty Inc. (NASDAQ:ULTA) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 13,420 shares of the specialty retailer’s stock, valued at approximately $8,119,000. Ulta Beauty comprises approximately 2.8% of NWK Group Inc.’s investment portfolio, making the stock its 12th largest holding.

Several other hedge funds and other institutional investors also recently modified their holdings of ULTA. Strengthening Families & Communities LLC increased its stake in shares of Ulta Beauty by 4,200.0% in the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock valued at $26,000 after purchasing an additional 42 shares during the last quarter. Abich Financial Wealth Management LLC bought a new stake in Ulta Beauty during the 3rd quarter worth $31,000. BOKF NA bought a new stake in Ulta Beauty during the 3rd quarter worth $31,000. Steigerwald Gordon & Koch Inc. grew its position in Ulta Beauty by 2,550.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock worth $32,000 after acquiring an additional 51 shares during the last quarter. Finally, Tobam bought a new stake in Ulta Beauty during the 3rd quarter worth $43,000. Institutional investors own 90.39% of the company’s stock.

Insider Activity at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the company’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the sale, the director owned 2,383 shares in the company, valued at approximately $1,285,128.07. The trade was a 15.94% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday, March 10th. JPMorgan Chase & Co. reduced their price objective on Ulta Beauty from $800.00 to $750.00 and set an “overweight” rating on the stock in a research report on Friday, March 13th. Jefferies Financial Group upgraded Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $635.00 to $700.00 in a research report on Monday, April 20th. William Blair restated a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. Finally, TD Cowen assumed coverage on Ulta Beauty in a research report on Monday, April 20th. They set a “buy” rating on the stock. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $687.95.

Ulta Beauty Trading Down 1.7%

NASDAQ ULTA opened at $507.35 on Thursday. The business’s 50-day moving average price is $525.97 and its two-hundred day moving average price is $586.11. Ulta Beauty Inc. has a 12 month low of $414.21 and a 12 month high of $714.97. The firm has a market capitalization of $22.10 billion, a PE ratio of 19.80, a price-to-earnings-growth ratio of 1.79 and a beta of 0.89.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The firm had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same quarter in the previous year, the company posted $8.46 EPS. The business’s revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, analysts forecast that Ulta Beauty Inc. will post 28.47 earnings per share for the current fiscal year.

Ulta Beauty 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.