Invariant Investment Management Purchases New Holdings in Ulta Beauty Inc. $ULTA

Invariant Investment Management acquired a new stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,788 shares of the specialty retailer’s stock, valued at approximately $1,191,000. Ulta Beauty accounts for approximately 0.8% of Invariant Investment Management’s investment portfolio, making the stock its 15th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Sage Mountain Advisors LLC bought a new position in Ulta Beauty during the fourth quarter valued at $225,000. Guidance Capital Inc. grew its holdings in Ulta Beauty by 6.0% during the fourth quarter. Guidance Capital Inc. now owns 1,679 shares of the specialty retailer’s stock valued at $1,016,000 after purchasing an additional 95 shares during the period. Patton Fund Management Inc. grew its holdings in Ulta Beauty by 48.9% during the fourth quarter. Patton Fund Management Inc. now owns 13,312 shares of the specialty retailer’s stock valued at $8,054,000 after purchasing an additional 4,369 shares during the period. Andrew Hill Investment Advisors Inc. bought a new position in Ulta Beauty during the fourth quarter valued at $1,903,000. Finally, Burney Co. grew its holdings in Ulta Beauty by 15.9% during the fourth quarter. Burney Co. now owns 18,016 shares of the specialty retailer’s stock valued at $10,900,000 after purchasing an additional 2,466 shares during the period. 90.39% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on ULTA shares. Zacks Research lowered Ulta Beauty from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. DA Davidson reissued a “buy” rating and set a $650.00 price objective on shares of Ulta Beauty in a report on Tuesday. Wells Fargo & Company increased their price objective on Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a report on Monday, March 9th. Jefferies Financial Group began coverage on Ulta Beauty in a report on Wednesday, January 14th. They set a “hold” rating and a $700.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft set a $732.00 price target on Ulta Beauty in a report on Thursday, January 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $674.23.

Check Out Our Latest Analysis on ULTA

Insider Activity at Ulta Beauty

In other news, Director George R. Mrkonic, Jr. sold 452 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.39% of the stock is owned by insiders.

Ulta Beauty Price Performance

Ulta Beauty stock opened at $533.09 on Wednesday. Ulta Beauty Inc. has a one year low of $347.48 and a one year high of $714.97. The business has a fifty day moving average price of $606.42 and a 200-day moving average price of $588.10. The firm has a market capitalization of $23.32 billion, a P/E ratio of 20.80, a PEG ratio of 1.93 and a beta of 0.95.

Ulta Beauty (NASDAQ:ULTA – Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The specialty retailer reported $8.01 EPS 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 firm had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.81 billion. During the same period last year, the company earned $8.46 earnings per share. The business’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. Sell-side analysts expect that Ulta Beauty Inc. will post 23.96 earnings per share for the current fiscal year.

About Ulta Beauty

(Free Report)

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.

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