Jupiter Asset Management Ltd. Acquires 24,545 Shares of Ulta Beauty Inc. $ULTA

Posted by Scott Moore on May 29th, 2026

Jupiter Asset Management Ltd. boosted its stake in Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) by 80.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 55,085 shares of the specialty retailer’s stock after buying an additional 24,545 shares during the period. Jupiter Asset Management Ltd.’s holdings in Ulta Beauty were worth $33,327,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Keybank National Association OH boosted its holdings in Ulta Beauty by 1.6% in the third quarter. Keybank National Association OH now owns 133,889 shares of the specialty retailer’s stock worth $73,204,000 after acquiring an additional 2,121 shares in the last quarter. Bowen Hanes & Co. Inc. bought a new stake in shares of Ulta Beauty during the third quarter valued at approximately $6,012,000. Intech Investment Management LLC raised its position in shares of Ulta Beauty by 135.6% during the third quarter. Intech Investment Management LLC now owns 6,506 shares of the specialty retailer’s stock worth $3,557,000 after purchasing an additional 3,744 shares during the period. Allianz Asset Management GmbH lifted its holdings in shares of Ulta Beauty by 979.1% in the 3rd quarter. Allianz Asset Management GmbH now owns 74,201 shares of the specialty retailer’s stock worth $40,569,000 after purchasing an additional 67,325 shares in the last quarter. Finally, Cookson Peirce & Co. Inc. acquired a new stake in Ulta Beauty in the 3rd quarter valued at $1,008,000. 90.39% of the stock is owned by institutional investors.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $520.15 on Friday. The company has a market capitalization of $22.66 billion, a price-to-earnings ratio of 20.29, a PEG ratio of 1.65 and a beta of 0.89. Ulta Beauty Inc. has a 52-week low of $414.21 and a 52-week high of $714.97. The company has a 50-day simple moving average of $525.91 and a two-hundred day simple moving average of $586.13.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS for the quarter, topping the consensus estimate of $7.93 by $0.08. The firm had revenue of $3.90 billion for the quarter, compared to analysts’ expectations of $3.81 billion. Ulta Beauty had a net margin of 9.31% and a return on equity of 43.56%. The company’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same quarter last year, the firm earned $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. On average, sell-side analysts forecast that Ulta Beauty Inc. will post 28.47 EPS for the current fiscal year.

Key Headlines Impacting Ulta Beauty

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

Positive Sentiment: Several previews suggest Ulta Beauty could beat Wall Street estimates again, citing its strong history of earnings surprises and favorable setup heading into results. Will Ulta (ULTA) Beat Estimates Again in Its Next Earnings Report?
Positive Sentiment: Analyst previews say first-quarter sales may benefit from loyalty program strength, digital engagement, and exclusive product launches, which could support revenue growth and investor confidence. Ulta Beauty Set to Release Q1 Earnings: Key Insights for Investors
Positive Sentiment: Ulta Beauty continues to promote brand partnerships and consumer-facing events, including the Ulta Beauty World 2026 expo and a new “Supergirl” collaboration, which can help brand visibility and traffic. Pop Up Mob Brings Nine Beauty Brand Worlds to Life at Ulta Beauty World 2026 in Orlando
Neutral Sentiment: Multiple articles are simply reiterating Wall Street’s Q1 estimate ranges and key operating metrics, suggesting investors are focused on the upcoming print rather than any new fundamental surprise. Curious about Ulta (ULTA) Q1 Performance? Explore Wall Street Estimates for Key Metrics
Negative Sentiment: Recent trading has been softer, with Ulta Beauty stock falling on the latest trading day despite a broader market gain, highlighting some near-term investor caution ahead of earnings. Ulta Beauty (ULTA) Stock Drops Despite Market Gains: Important Facts to Note

Insiders Place Their Bets

In other Ulta Beauty news, Director George R. Mrkonic, Jr. sold 452 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $539.29, for a total value of $243,759.08. Following the transaction, the director directly owned 2,383 shares in the company, valued at $1,285,128.07. The trade was a 15.94% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

ULTA has been the subject of a number of analyst reports. DA Davidson reiterated a “buy” rating and set a $650.00 price objective on shares of Ulta Beauty in a report on Tuesday, April 14th. Zacks Research cut shares of Ulta Beauty from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 6th. Telsey Advisory Group boosted their price objective on Ulta Beauty from $640.00 to $715.00 and gave the stock an “outperform” rating in a report on Monday, March 9th. UBS Group reissued a “buy” rating and issued a $810.00 price objective on shares of Ulta Beauty in a research note on Friday, March 13th. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a report on Tuesday, March 10th. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $687.95.

View Our Latest Stock Report on Ulta Beauty

About Ulta Beauty

(Free Report)

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.