Cibc World Market Inc. Takes Position in Ulta Beauty Inc. $ULTA

Cibc World Market Inc. acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 14,093 shares of the specialty retailer’s stock, valued at approximately $6,356,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank acquired a new stake in shares of Ulta Beauty during the fourth quarter worth $430,963,000. Atria Investments Inc lifted its holdings in Ulta Beauty by 42.7% in the fourth quarter. Atria Investments Inc now owns 6,996 shares of the specialty retailer’s stock valued at $4,233,000 after buying an additional 2,093 shares during the period. Janney Montgomery Scott LLC boosted its position in Ulta Beauty by 97.3% during the first quarter. Janney Montgomery Scott LLC now owns 35,739 shares of the specialty retailer’s stock valued at $18,681,000 after acquiring an additional 17,625 shares during the last quarter. National Pension Service boosted its position in Ulta Beauty by 2,704.0% during the fourth quarter. National Pension Service now owns 79,465 shares of the specialty retailer’s stock valued at $48,077,000 after acquiring an additional 76,631 shares during the last quarter. Finally, Oxbow Advisors LLC acquired a new stake in Ulta Beauty during the 1st quarter worth about $3,024,000. Institutional investors own 90.39% of the company’s stock.

Ulta Beauty Price Performance

Shares of NASDAQ ULTA opened at $537.22 on Wednesday. The stock has a market capitalization of $23.10 billion, a P/E ratio of 20.14, a P/E/G ratio of 1.68 and a beta of 0.87. Ulta Beauty Inc. has a 1 year low of $443.60 and a 1 year high of $714.97. The company has a 50-day moving average price of $492.80 and a 200-day moving average price of $536.87.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Tuesday, June 2nd. The specialty retailer reported $7.74 EPS for the quarter, topping the consensus estimate of $6.89 by $0.85. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.12 billion. Ulta Beauty had a return on equity of 44.77% and a net margin of 9.36%.The company’s quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the business posted $6.70 earnings per share. 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 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. JPMorgan Chase & Co. cut their target price on Ulta Beauty from $750.00 to $631.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Piper Sandler cut their price target on Ulta Beauty from $725.00 to $600.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Ulta Beauty from $692.00 to $695.00 and gave the stock a “buy” rating in a research report on Tuesday. Bank of America raised shares of Ulta Beauty from a “neutral” rating to a “buy” rating and set a $685.00 target price on the stock in a research note on Tuesday, May 5th. Finally, The Goldman Sachs Group decreased their price target on shares of Ulta Beauty from $741.00 to $652.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. One investment 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $636.41.

Insider Activity

In other news, Director George R. Mrkonic, Jr. sold 383 shares of the company’s stock in a transaction 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 completion of the sale, the director 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 legal filing with the SEC, which is available through this hyperlink. 0.20% of the stock is currently owned by insiders.

Ulta Beauty News Summary

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

• Positive Sentiment: Deutsche Bank expects Ulta Beauty’s fiscal second-quarter same-store sales growth to exceed consensus estimates, raising expectations for a potential earnings and revenue beat. Ulta Beauty Second-Quarter Same-Store Sales Poised for Beat, Deutsche Bank Says
• Positive Sentiment: Analysts continue to support the stock, with UBS maintaining a Buy rating and a $735 price target, while Canaccord Genuity reiterated its Buy rating and $731 target. Their views cite durable growth and the company’s Ulta Beauty Unleashed strategy. UBS Ulta Beauty Rating Canaccord Genuity Ulta Beauty Rating
• Positive Sentiment: Ulta Beauty’s nationwide agreement with Chinese beauty brand Proya should broaden its product assortment and support international brand exposure. The company also filed plans for another store in Huber Heights, Ohio, indicating continued physical expansion. Proya Ulta Beauty Agreement Ulta Beauty Huber Heights Location
• Neutral Sentiment: Options activity suggests traders are positioning for a potentially significant move, but the available report does not establish whether those bets are bullish or bearish. Reported short-interest data showed zero shares and an anomalous “NaN” change, making it unreliable as a trading signal. Ulta Beauty Options Activity
• Negative Sentiment: Although analysts expect second-quarter sales and EPS growth, previews also highlight potential margin pressure. That uncertainty, along with profit-taking after the recent rally, may be limiting the stock’s response to favorable news. Ulta’s latest reported quarter showed an EPS and revenue beat, with revenue up 11.1% year over year.

Ulta Beauty 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.