Gotham Asset Management LLC Raises Holdings in Ulta Beauty Inc. $ULTA

Gotham Asset Management LLC lifted its holdings in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 18.3% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 86,415 shares of the specialty retailer’s stock after acquiring an additional 13,339 shares during the period. Gotham Asset Management LLC’s holdings in Ulta Beauty were worth $52,282,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Evolve Private Wealth LLC purchased a new stake in shares of Ulta Beauty during the fourth quarter worth about $939,000. Boothbay Fund Management LLC purchased a new stake in shares of Ulta Beauty during the fourth quarter worth about $4,827,000. Freestone Grove Partners LP grew its stake in shares of Ulta Beauty by 89.3% during the fourth quarter. Freestone Grove Partners LP now owns 62,327 shares of the specialty retailer’s stock worth $37,708,000 after acquiring an additional 29,410 shares during the last quarter. Caisse de depot et placement du Quebec grew its stake in shares of Ulta Beauty by 5.9% during the fourth quarter. Caisse de depot et placement du Quebec now owns 313,254 shares of the specialty retailer’s stock worth $189,522,000 after acquiring an additional 17,421 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in shares of Ulta Beauty during the fourth quarter worth about $38,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the transaction, the director directly owned 2,383 shares of the company’s stock, valued at approximately $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on ULTA shares. Jefferies Financial Group upgraded Ulta Beauty from a “hold” rating to a “buy” rating and boosted their price target for the stock from $635.00 to $700.00 in a research note on Monday, April 20th. TD Cowen dropped their price target on Ulta Beauty from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. Loop Capital restated a “hold” rating and set a $550.00 price target on shares of Ulta Beauty in a research note on Wednesday, June 3rd. Bank of America upgraded Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price on the stock in a research report on Tuesday, May 5th. Finally, Wedbush assumed coverage on Ulta Beauty in a research report on Monday, April 20th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $644.91.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Several articles highlight Ulta’s expansion beyond traditional beauty retail, including new growth initiatives in social commerce, AI tools, wellness, and global markets, which could support long-term revenue growth. How Ulta Beauty Is Expanding Beyond Traditional Beauty Retail?
• Positive Sentiment: Ulta continues to attract brand partners and product launches, including Being Frenshe and Surface Deep, suggesting the retailer remains an important distribution channel and is still drawing traffic from emerging beauty and wellness brands. BEING FRENSHE ENTERS ULTA BEAUTY, MARKING A MAJOR EXPANSION FOR THE FAST-GROWING WELLNESS BRAND
• Neutral Sentiment: Analyst commentary remains moderately optimistic overall, with coverage noting that Ulta has underperformed retail peers recently but still has a favorable consensus rating and high price targets relative to current levels. How Is Ulta Beauty’s Stock Performance Compared to Other Retail Stocks?
• Neutral Sentiment: Ulta’s latest quarterly results were strong, with earnings and revenue both beating expectations, but those results are already priced into broader investor sentiment after the report earlier this month.
• Negative Sentiment: Recent insider selling by Director George Mrkonic, Jr. may be weighing on sentiment, even though the sale was relatively small and disclosed in a routine SEC filing. Ulta Beauty (NASDAQ:ULTA) Director George Mrkonic, Jr. Sells 383 Shares
• Negative Sentiment: The stock has been trading near its 52-week low and well below its 50-day and 200-day moving averages, signaling persistent technical weakness that may be contributing to the recent decline.

Ulta Beauty Stock Down 2.8%

Shares of NASDAQ ULTA opened at $450.75 on Thursday. The business’s 50 day moving average price is $511.63 and its 200 day moving average price is $581.74. The firm has a market cap of $19.38 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.45 and a beta of 0.86. Ulta Beauty Inc. has a 52 week low of $448.57 and a 52 week high of $714.97.

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