Kingsview Wealth Management LLC Takes $1.65 Million Position in Ulta Beauty Inc. $ULTA

Kingsview Wealth Management LLC acquired a new position in Ulta Beauty Inc. (NASDAQ:ULTA) during the second quarter, HoldingsChannel.com reports. The fund acquired 3,651 shares of the specialty retailer’s stock, valued at approximately $1,647,000.

Several other large investors have also added to or reduced their stakes in ULTA. Optimize Financial Inc grew its position in Ulta Beauty by 1.4% in the fourth quarter. Optimize Financial Inc now owns 1,176 shares of the specialty retailer’s stock valued at $711,000 after purchasing an additional 16 shares in the last quarter. Root Financial Partners LLC lifted its position in Ulta Beauty by 12.1% during the 1st quarter. Root Financial Partners LLC now owns 167 shares of the specialty retailer’s stock worth $87,000 after buying an additional 18 shares in the last quarter. Roberts Glore & Co. Inc. IL lifted its position in Ulta Beauty by 5.3% during the 4th quarter. Roberts Glore & Co. Inc. IL now owns 394 shares of the specialty retailer’s stock worth $238,000 after buying an additional 20 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Ulta Beauty by 3.9% during the 4th quarter. Allworth Financial LP now owns 555 shares of the specialty retailer’s stock worth $336,000 after buying an additional 21 shares during the last quarter. Finally, Wedbush Securities Inc. boosted its stake in shares of Ulta Beauty by 0.3% during the 4th quarter. Wedbush Securities Inc. now owns 6,455 shares of the specialty retailer’s stock worth $3,905,000 after buying an additional 21 shares during the last quarter. Institutional investors and hedge funds own 90.39% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently issued reports on ULTA shares. UBS Group set a $631.00 target price on Ulta Beauty in a research report on Friday. Evercore set a $635.00 price target on Ulta Beauty in a research report on Wednesday, June 3rd. Jefferies Financial Group restated a “buy” rating and issued a $650.00 price target on shares of Ulta Beauty in a research note on Friday. Barclays lowered their price target on Ulta Beauty from $647.00 to $645.00 and set an “overweight” rating on the stock in a research report on Friday. Finally, Loop Capital reiterated a “hold” rating and set a $550.00 price objective on shares of Ulta Beauty in a research note on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Ulta Beauty currently has a consensus rating of “Moderate Buy” and a consensus target price of $626.59.

More Ulta Beauty News

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

• Positive Sentiment: Quarterly results exceeded expectations. Ulta reported $6.55 in EPS versus the $6.20 consensus and revenue of approximately $3.04 billion, up 8.9% year over year and ahead of the $2.99 billion estimate. Comparable sales rose 3.8%, while digital sales, loyalty growth, new brands and stronger execution supported performance. Ulta Beauty Q2 Earnings Beat as Sales Rise, FY26 View Raised
• Positive Sentiment: Ulta raised its fiscal 2026 outlook and expanded capital returns. The company now expects EPS of $28.70–$29.00, up from $28.36–$28.80, and revenue of roughly $13.2–$13.3 billion. It also increased its planned share repurchases to $1.8 billion, which could provide support for per-share earnings. Ulta Beauty Targets Sales Growth and Buybacks
• Neutral Sentiment: Analysts remain broadly constructive, but estimates are mixed. DA Davidson raised its price target to $625 and maintained a Buy rating, while Bank of America lowered its target to $650 but also kept a Buy rating. The conflicting revisions suggest confidence in Ulta’s long-term share gains, alongside caution about valuation and execution risks.
• Negative Sentiment: The market reaction reflects concerns about forward momentum. Management indicated that third-quarter comparable-sales comparisons may be weaker than fourth-quarter comparisons, increasing the risk of a temporary slowdown. Investors are also focused on Target’s rollout of its own Beauty Studio in more than 600 stores, including five former Ulta locations in South Carolina, potentially intensifying competition for prestige beauty customers. Ulta is responding by emphasizing exclusive products and brand differentiation. Ulta Leans Into Exclusivity Amid Target Competition

Ulta Beauty Price Performance

ULTA stock opened at $517.50 on Friday. The company has a fifty day moving average price of $497.56 and a two-hundred day moving average price of $534.74. 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 $22.25 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 1.58 and a beta of 0.87.

Ulta Beauty (NASDAQ:ULTA) last posted its earnings results on Thursday, August 27th. The specialty retailer reported $6.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.22 by $0.33. The company had revenue of $3.04 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Ulta Beauty had a net margin of 9.34% and a return on equity of 45.28%. Ulta Beauty’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the company posted $5.78 EPS. Ulta Beauty has set its FY 2026 guidance at 28.700-29.000 EPS. Research analysts anticipate that Ulta Beauty Inc. will post 28.9 EPS for the current fiscal year.

Insider Transactions at Ulta Beauty

In other Ulta Beauty 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 transaction of $182,246.72. Following the completion of the sale, the director directly owned 2,404 shares in the company, valued at $1,143,919.36. This trade represents a 13.74% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.20% of the stock is owned by company insiders.

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.