Key Points
- Ulta Beauty CEO Kecia Steelman sold 2,000 shares at an average price of $545.88, generating proceeds of approximately $1.09 million and reducing her stake by 4.71%. She continues to own 40,489 shares valued at about $22.1 million.
- Ulta reported quarterly earnings of $6.55 per share, exceeding estimates of $6.22, while revenue rose 8.9% year over year to $3.04 billion. The company set fiscal 2026 EPS guidance at $28.70–$29.00.
- Analysts maintain a generally positive view, with a “Moderate Buy” consensus and an average price target of $627.83; institutional investors own 90.39% of Ulta’s shares.
Ulta Beauty Inc. (NASDAQ:ULTA - Get Free Report) CEO Kecia Steelman sold 2,000 shares of Ulta Beauty stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $545.88, for a total transaction of $1,091,760.00. Following the completion of the transaction, the chief executive officer owned 40,489 shares in the company, valued at approximately $22,102,135.32. This trade represents a 4.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
Ulta Beauty Stock Performance
NASDAQ ULTA opened at $557.86 on Tuesday. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The business's fifty day moving average is $524.17 and its two-hundred day moving average is $518.28. The stock has a market capitalization of $23.85 billion, a P/E ratio of 20.33, a P/E/G ratio of 1.62 and a beta of 0.85.
Ulta Beauty (NASDAQ:ULTA - Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping the consensus estimate of $6.22 by $0.33. The business had revenue of $3.04 billion during the quarter, compared to analyst estimates of $2.99 billion. Ulta Beauty had a return on equity of 45.40% and a net margin of 9.34%.The company's revenue was up 8.9% compared to the same quarter last year. During the same period last year, the company posted $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, research analysts forecast that Ulta Beauty Inc. will post 28.94 earnings per share for the current year.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ULTA. Norges Bank purchased a new position in Ulta Beauty during the 4th quarter valued at about $430,963,000. Janney Montgomery Scott LLC lifted its position in shares of Ulta Beauty by 97.3% in the first quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer's stock worth $18,681,000 after purchasing an additional 17,625 shares in the last quarter. Oxbow Advisors LLC purchased a new stake in shares of Ulta Beauty in the first quarter worth approximately $3,024,000. Vise Technologies Inc. acquired a new stake in shares of Ulta Beauty during the second quarter worth approximately $1,033,000. Finally, National Pension Service boosted its holdings in shares of Ulta Beauty by 2,704.0% during the fourth quarter. National Pension Service now owns 79,465 shares of the specialty retailer's stock worth $48,077,000 after purchasing an additional 76,631 shares during the period. 90.39% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research firms recently weighed in on ULTA. Morgan Stanley decreased their price target on Ulta Beauty from $700.00 to $630.00 and set an "overweight" rating for the company in a research report on Wednesday, June 3rd. Jefferies Financial Group reaffirmed a "buy" rating and set a $650.00 price objective on shares of Ulta Beauty in a research note on Friday, August 28th. Loop Capital reiterated a "hold" rating and issued a $550.00 target price on shares of Ulta Beauty in a report on Wednesday, June 3rd. Citigroup downgraded shares of Ulta Beauty from a "neutral" rating to a "market perform" rating in a research report on Tuesday, September 15th. Finally, William Blair restated a "market perform" rating on shares of Ulta Beauty in a report on Friday, August 21st. Twenty-four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $627.83.
Get Our Latest Analysis on Ulta Beauty
Ulta Beauty Company Profile
(
Get Free Report)
Ulta Beauty, Inc is a specialty beauty retailer operating under the Ulta Beauty brand. The company sells a broad selection of cosmetics, skincare, haircare, fragrance, bath and body products, and beauty tools across a range of price points. Its merchandise includes both established brands and private-label products, as well as prestige, mass-market and professional beauty offerings.
In addition to retail sales, Ulta Beauty provides services through salon locations within many of its stores, including hair, skin and brow services.
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