Wealthfront Advisers LLC Invests $1.92 Million in Ulta Beauty Inc. $ULTA

Wealthfront Advisers LLC acquired a new position in shares of Ulta Beauty Inc. (NASDAQ:ULTA) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,248 shares of the specialty retailer’s stock, valued at approximately $1,916,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ULTA. First National Bank of Omaha acquired a new position in Ulta Beauty during the 2nd quarter worth approximately $2,941,000. Meeder Advisory Services Inc. bought a new position in shares of Ulta Beauty during the 2nd quarter worth approximately $233,000. Citizens Financial Group Inc. RI acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $1,114,000. UNIVEST FINANCIAL Corp acquired a new stake in shares of Ulta Beauty in the second quarter valued at approximately $6,913,000. Finally, K.J. Harrison & Partners Inc bought a new stake in shares of Ulta Beauty in the second quarter worth $2,909,000. Institutional investors and hedge funds own 90.39% of the company’s stock.

Ulta Beauty News Roundup

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

• Positive Sentiment: Analysts at Zacks said Ulta has a favorable combination of earnings-estimate revisions and historical earnings-surprise factors, suggesting the company could exceed expectations in its upcoming report. The company previously reported quarterly EPS and revenue above consensus, supporting optimism ahead of the release. Ulta Beauty Earnings Expected to Grow
• Positive Sentiment: Ulta is expanding its product assortment through an exclusive U.S. partnership with Chinese beauty company Nutrire. The hair-wellness brand will launch on Ulta.com before expanding to approximately 250 stores, potentially supporting traffic, differentiation and sales growth. China Beauty Firm Expands in U.S. With Ulta Deal
• Positive Sentiment: Ulta is also among the lead tenants opening at a new Skillman shopping center, adding another store location and potential source of long-term sales. Ulta Beauty Opens at Skillman Shopping Center
• Neutral Sentiment: Ulta is expected to announce quarterly earnings on August 27. The event is a near-term catalyst, with investors focused on comparable sales, margins and management’s outlook. Ulta Beauty to Announce Quarterly Earnings
• Negative Sentiment: Target has finalized the end of its Ulta shop-in-shop arrangement and plans to replace it with its own Beauty Studio concept in about 600 stores. The termination removes a sizable distribution channel and could weigh on investor sentiment, even though Ulta is redirecting its strategy toward company stores and exclusive brands. Target Finalizes Partnership Exit

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of $475.84, for a total value of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares of the company’s stock, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.20% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on ULTA. UBS Group reduced their target price on shares of Ulta Beauty from $810.00 to $735.00 and set a “buy” rating for the company in a 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 on the stock in a research report on Wednesday, June 3rd. Robert W. Baird reduced their price objective on shares of Ulta Beauty from $730.00 to $700.00 and set an “outperform” rating for the company in a research note on Wednesday, June 3rd. Loop Capital restated a “hold” rating and issued a $550.00 price objective on shares of Ulta Beauty in a report on Wednesday, June 3rd. Finally, Weiss Ratings lowered Ulta Beauty from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $638.09.

Ulta Beauty Price Performance

Shares of ULTA stock opened at $515.14 on Friday. The company has a fifty day moving average price of $488.92 and a two-hundred day moving average price of $539.83. Ulta Beauty Inc. has a one year low of $443.60 and a one year high of $714.97. The stock has a market cap of $22.15 billion, a P/E ratio of 19.32, a P/E/G ratio of 1.65 and a beta of 0.87.

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

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.