J. Safra Sarasin Holding AG Decreases Position in Ulta Beauty Inc. $ULTA

J. Safra Sarasin Holding AG lessened its position in Ulta Beauty Inc. (NASDAQ:ULTA) by 49.2% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,407 shares of the specialty retailer’s stock after selling 1,362 shares during the period. J. Safra Sarasin Holding AG’s holdings in Ulta Beauty were worth $735,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Optimize Financial Inc increased its position in shares of Ulta Beauty by 1.4% during the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after acquiring an additional 16 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in Ulta Beauty by 6.9% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 265 shares of the specialty retailer’s stock valued at $160,000 after acquiring an additional 17 shares in the last quarter. Sound Income Strategies LLC boosted its stake in Ulta Beauty by 13.1% during the 4th quarter. Sound Income Strategies LLC now owns 147 shares of the specialty retailer’s stock valued at $98,000 after purchasing an additional 17 shares during the last quarter. Legacy Advisors LLC boosted its stake in Ulta Beauty by 1.2% during the 4th quarter. Legacy Advisors LLC now owns 1,543 shares of the specialty retailer’s stock valued at $934,000 after purchasing an additional 18 shares during the last quarter. Finally, Root Financial Partners LLC increased its holdings in shares of Ulta Beauty by 12.1% in the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after purchasing an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Ulta Beauty Stock Performance

Ulta Beauty stock opened at $466.14 on Thursday. Ulta Beauty Inc. has a one year low of $443.60 and a one year high of $714.97. The stock has a fifty day moving average of $480.11 and a 200 day moving average of $564.70. The stock has a market cap of $20.04 billion, a PE ratio of 17.48, a price-to-earnings-growth ratio of 1.46 and a beta of 0.88.

Ulta Beauty (NASDAQ:ULTA) last announced its earnings results on Tuesday, June 2nd. The specialty retailer reported $7.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.89 by $0.85. The business had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period last year, the firm posted $6.70 earnings per share. Ulta Beauty has set its FY 2026 guidance at 28.360-28.800 EPS. As a group, sell-side analysts predict that Ulta Beauty Inc. will post 28.76 EPS for the current fiscal year.

Insider Activity

In related news, Director George R. Mrkonic, Jr. sold 383 shares of the firm’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 value of $182,246.72. Following the transaction, the director owned 2,404 shares of the company’s stock, valued at approximately $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 can be accessed through this link. Insiders own 0.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company decreased their price target on Ulta Beauty from $475.00 to $450.00 and set an “underweight” rating for the company in a research note on Wednesday, June 3rd. Bank of America raised Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 price objective on the stock in a research report on Tuesday, May 5th. DA Davidson reduced their price objective on Ulta Beauty from $650.00 to $585.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Morgan Stanley decreased their target price 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. Finally, TD Cowen lowered their target price on shares of Ulta Beauty from $700.00 to $600.00 and set a “buy” rating on the stock in a research note on Tuesday, June 9th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Ulta Beauty has an average rating of “Moderate Buy” and a consensus target price of $638.09.

About Ulta Beauty

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.