Ulta Beauty Inc. $ULTA Shares Acquired by Bank of Montreal Can

Bank of Montreal Can lifted its stake in Ulta Beauty Inc. (NASDAQ:ULTA) by 84.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 128,577 shares of the specialty retailer’s stock after purchasing an additional 58,889 shares during the period. Bank of Montreal Can owned about 0.29% of Ulta Beauty worth $70,299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. State of Wyoming boosted its stake in shares of Ulta Beauty by 10.5% in the 3rd quarter. State of Wyoming now owns 211 shares of the specialty retailer’s stock valued at $115,000 after buying an additional 20 shares during the period. Quadrant Capital Group LLC grew its holdings in Ulta Beauty by 1.8% during the 2nd quarter. Quadrant Capital Group LLC now owns 1,165 shares of the specialty retailer’s stock worth $545,000 after acquiring an additional 21 shares in the last quarter. Level Four Advisory Services LLC grew its holdings in Ulta Beauty by 4.8% during the 3rd quarter. Level Four Advisory Services LLC now owns 459 shares of the specialty retailer’s stock worth $251,000 after acquiring an additional 21 shares in the last quarter. Hardy Reed LLC increased its position in shares of Ulta Beauty by 3.0% in the 3rd quarter. Hardy Reed LLC now owns 767 shares of the specialty retailer’s stock valued at $419,000 after purchasing an additional 22 shares during the last quarter. Finally, Stratos Wealth Partners LTD. raised its holdings in shares of Ulta Beauty by 3.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 587 shares of the specialty retailer’s stock valued at $321,000 after purchasing an additional 22 shares in the last quarter. 90.39% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ULTA. Barclays lifted their price objective on shares of Ulta Beauty from $680.00 to $712.00 and gave the stock an “overweight” rating in a research report on Monday. Wells Fargo & Company raised their price target on Ulta Beauty from $450.00 to $500.00 and gave the company an “underweight” rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on Ulta Beauty from $600.00 to $606.00 and gave the stock an “overweight” rating in a report on Monday, December 1st. William Blair reaffirmed a “market perform” rating on shares of Ulta Beauty in a research report on Monday. Finally, TD Cowen increased their price objective on Ulta Beauty from $725.00 to $775.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $638.12.

Trending Headlines about Ulta Beauty

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

• Positive Sentiment: Q4 topline beat and healthy same‑store sales: net sales were $3.90B (+11.8% YoY) and comps improved, showing demand resilience. Ulta Q4 press release
• Positive Sentiment: EPS roughly in line/beat consensus (reported $8.01) and operating cash flow strengthened, which supports reinvestment and the balance sheet. Zacks: Q4 EPS
• Neutral Sentiment: Mixed analyst backdrop and price targets remain wide — many bullish targets but some lower ones, leaving room for divergent reactions to the print. QuiverQuant: analyst and target context
• Neutral Sentiment: New product/brand catalysts (e.g., Selena Gomez launch and promotional events) could help sales execution but are longer‑dated positives. MSN: Selena Gomez catalyst
• Negative Sentiment: Investors focused on margin pressure: operating margin compressed and Q4 EPS declined year‑over‑year despite revenue growth, driven by higher SG&A, incentives and marketing. QuiverQuant: margin details
• Negative Sentiment: Cautious FY2026 outlook and increased marketing spend: management signaled slower growth/more selective consumer spending and guided in a way that traders read as conservative, prompting the sell‑off. Reuters: guidance and ad spend
• Negative Sentiment: Balance‑sheet & investment signals: capex rose sharply and cash declined YoY, indicating heavier reinvestment that could depress near‑term margins if sales decelerate. QuiverQuant: capex and cash

Ulta Beauty Price Performance

Shares of ULTA opened at $624.70 on Friday. Ulta Beauty Inc. has a 1-year low of $309.01 and a 1-year high of $714.97. The stock has a market cap of $27.71 billion, a PE ratio of 23.95, a price-to-earnings-growth ratio of 3.04 and a beta of 0.82. The firm has a fifty day moving average price of $667.28 and a 200 day moving average price of $586.77.

Ulta Beauty (NASDAQ:ULTA) last issued its quarterly earnings data on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a return on equity of 46.33% and a net margin of 9.93%.The company had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same quarter last year, the company posted $8.46 earnings per share. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities analysts expect that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

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.