Ulta Beauty Inc. $ULTA Shares Purchased by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 84.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,137 shares of the specialty retailer’s stock after acquiring an additional 1,434 shares during the period. Concurrent Investment Advisors LLC’s holdings in Ulta Beauty were worth $1,898,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $25,000. Steigerwald Gordon & Koch Inc. boosted its position in shares of Ulta Beauty by 2,550.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 53 shares of the specialty retailer’s stock valued at $32,000 after purchasing an additional 51 shares during the period. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $31,000. Abich Financial Wealth Management LLC acquired a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $31,000. Finally, BOKF NA acquired a new stake in shares of Ulta Beauty in the 3rd quarter valued at about $31,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Trading Down 1.5%

Ulta Beauty stock opened at $530.23 on Thursday. Ulta Beauty Inc. has a twelve month low of $377.63 and a twelve month high of $714.97. The stock has a 50 day moving average of $577.09 and a two-hundred day moving average of $587.47. The stock has a market capitalization of $23.10 billion, a price-to-earnings ratio of 20.69, a PEG ratio of 1.98 and a beta of 0.95.

Ulta Beauty (NASDAQ:ULTA) last posted its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, topping analysts’ consensus estimates of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The company had revenue of $3.90 billion during the quarter, compared to analysts’ expectations of $3.81 billion. During the same period last year, the firm earned $8.46 EPS. The firm’s revenue for the quarter was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. Equities analysts predict that Ulta Beauty Inc. will post 28.44 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts recently issued reports on ULTA shares. Telsey Advisory Group upped their target price on Ulta Beauty from $640.00 to $715.00 and gave the company an “outperform” rating in a research report on Monday, March 9th. William Blair reissued a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. Argus upped their target price on Ulta Beauty from $650.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 2nd. Guggenheim initiated coverage on Ulta Beauty in a research report on Monday, April 20th. They set a “buy” rating for the company. Finally, Evercore set a $725.00 price objective on Ulta Beauty in a research report on Wednesday, March 11th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $674.23.

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $539.29, for a total value of $243,759.08. Following the completion of the sale, the director directly owned 2,383 shares of the company’s stock, valued at $1,285,128.07. This trade represents a 15.94% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.39% of the stock is owned by corporate insiders.

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.