Corient Private Wealth LP Makes New Investment in Ulta Beauty Inc. $ULTA

Corient Private Wealth LP bought a new position in Ulta Beauty Inc. (NASDAQ:ULTA) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 11,185 shares of the specialty retailer’s stock, valued at approximately $5,044,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Punch & Associates Investment Management Inc. acquired a new position in shares of Ulta Beauty during the second quarter worth about $8,895,000. Parallax Volatility Advisers L.P. purchased a new position in Ulta Beauty during the second quarter worth about $213,000. Permanens Capital L.P. acquired a new stake in Ulta Beauty in the second quarter valued at about $8,942,000. Ausdal Financial Partners Inc. acquired a new stake in Ulta Beauty in the second quarter valued at about $381,000. Finally, Bank of America Corp DE purchased a new stake in Ulta Beauty in the 2nd quarter valued at approximately $260,192,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Up 3.8%

Shares of ULTA stock opened at $537.10 on Tuesday. The stock has a market cap of $22.97 billion, a P/E ratio of 19.57, a P/E/G ratio of 1.57 and a beta of 0.87. Ulta Beauty Inc. has a fifty-two week low of $443.60 and a fifty-two week high of $714.97. The business has a fifty day simple moving average of $499.00 and a 200-day simple moving average of $532.60.

Ulta Beauty (NASDAQ:ULTA) last released its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 EPS for the quarter, topping the consensus estimate of $6.22 by $0.33. The business had revenue of $3.04 billion for the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, sell-side analysts anticipate that Ulta Beauty Inc. will post 28.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the company. B. Riley Financial dropped their target price on Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Wells Fargo & Company cut their price target on shares of Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a report on Wednesday, June 3rd. TD Cowen reiterated a “buy” rating on shares of Ulta Beauty in a research note on Tuesday, July 21st. Canaccord Genuity Group decreased their price objective on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Argus set a $550.00 target price on shares of Ulta Beauty in a research report on Thursday, June 18th. One investment 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $626.59.

Insider Transactions at Ulta Beauty

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 383 shares of Ulta Beauty stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $475.84, for a total transaction of $182,246.72. Following the completion of the transaction, the director owned 2,404 shares in the company, valued at approximately $1,143,919.36. The trade was a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.20% of the company’s stock.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Ulta reported approximately $3.04 billion in quarterly sales, up 8.9% year over year, while comparable sales rose 3.8%. Diluted EPS increased 13.3% to $6.55, exceeding the $6.22 analyst consensus, and operating income grew 10.1%. Ulta Beauty Rises on Strong Quarterly Results and Higher Full-Year Outlook
• Positive Sentiment: Management raised its fiscal 2026 outlook for sales growth, comparable sales, operating income and EPS, reinforcing investor confidence in demand and profitability. The company’s existing EPS guidance was $28.70-$29.00, broadly consistent with the $28.90 analyst expectation. Ulta Beauty Q2 2026 Earnings Call Transcript
• Positive Sentiment: Ulta increased its planned fiscal 2026 share repurchases to $1.8 billion from $1.5 billion and expects to use the remaining authorization by year-end. Buybacks could support EPS and signal confidence in future cash generation. Ulta Beauty Rises on Strong Quarterly Results and Higher Full-Year Outlook
• Positive Sentiment: The earnings call highlighted momentum from TikTok Shop, adding a potentially important digital sales channel and source of future customer engagement. Ulta Beauty Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Analyst targets remain mixed but generally above the current trading level, with recent targets ranging from $450 to $700 and a six-month median of $635. Bank of America lowered its target to $650, while DA Davidson raised its target to $625. Bank of America Lowers Ulta Beauty Price Target
• Negative Sentiment: Target’s move to develop a new in-store beauty concept after ending its Ulta partnership could increase competitive pressure, although the near-term effect on Ulta’s results is uncertain. Target Launches a New Inside Beauty Store

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.