Raiffeisen Bank International AG Acquires 3,113 Shares of Ulta Beauty Inc. $ULTA

Raiffeisen Bank International AG grew its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 9,728.1% in the 2nd quarter, Holdings Channel.com reports. The fund owned 3,145 shares of the specialty retailer’s stock after purchasing an additional 3,113 shares during the quarter. Raiffeisen Bank International AG’s holdings in Ulta Beauty were worth $1,444,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of ULTA. Fideuram Asset Management Ireland dac acquired a new position in Ulta Beauty during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC increased its position in shares of Ulta Beauty by 860.0% during the 1st quarter. Hilton Head Capital Partners LLC now owns 48 shares of the specialty retailer’s stock worth $25,000 after purchasing an additional 43 shares during the last quarter. Strengthening Families & Communities LLC raised its stake in shares of Ulta Beauty by 4,200.0% during the 4th quarter. Strengthening Families & Communities LLC now owns 43 shares of the specialty retailer’s stock worth $26,000 after purchasing an additional 42 shares in the last quarter. Clearstead Trust LLC bought a new stake in shares of Ulta Beauty during the 2nd quarter worth approximately $27,000. Finally, Ascentis Independent Advisors acquired a new stake in shares of Ulta Beauty in the 1st quarter valued at approximately $29,000. Institutional investors own 90.39% of the company’s stock.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction that occurred on 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 directly owned 2,404 shares in the company, valued at $1,143,919.36. This represents a 13.74% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.20% of the company’s stock.

Ulta Beauty Trading Up 1.3%

NASDAQ ULTA opened at $564.12 on Friday. The company has a market cap of $24.12 billion, a price-to-earnings ratio of 20.56, a PEG ratio of 1.69 and a beta of 0.85. The company has a 50 day moving average of $505.13 and a 200-day moving average of $530.17. Ulta Beauty Inc. has a 1-year low of $443.60 and a 1-year high of $714.97.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.40%. The company had revenue of $3.04 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the firm posted $5.78 EPS. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. On average, equities research analysts forecast that Ulta Beauty Inc. will post 28.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ULTA has been the subject of several analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Ulta Beauty in a research note on Monday, August 31st. Canaccord Genuity Group dropped their price target on shares of Ulta Beauty from $799.00 to $731.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Piper Sandler cut their price target on shares of Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Morgan Stanley decreased their price objective on shares of Ulta Beauty from $700.00 to $630.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Finally, B. Riley Financial lowered their price objective on shares of Ulta Beauty from $600.00 to $500.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $626.59.

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.