Glenmede Investment Management LP Sells 6,020 Shares of Ulta Beauty Inc. $ULTA

Glenmede Investment Management LP cut its stake in shares of Ulta Beauty Inc. (NASDAQ:ULTA) by 4.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 115,964 shares of the specialty retailer’s stock after selling 6,020 shares during the quarter. Glenmede Investment Management LP owned 0.26% of Ulta Beauty worth $63,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Harbor Capital Advisors Inc. purchased a new stake in shares of Ulta Beauty during the 3rd quarter valued at $25,000. Cary Street Partners Investment Advisory LLC grew its position in Ulta Beauty by 107.7% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after acquiring an additional 28 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new position in Ulta Beauty in the third quarter worth $31,000. Abich Financial Wealth Management LLC bought a new position in Ulta Beauty in the third quarter valued at $31,000. Finally, BOKF NA purchased a new stake in Ulta Beauty during the third quarter valued at about $31,000. Hedge funds and other institutional investors own 90.39% of the company’s stock.

Analyst Ratings Changes

ULTA has been the subject of several research analyst reports. Bank of America lifted their price target on Ulta Beauty from $610.00 to $685.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Morgan Stanley decreased their price objective on Ulta Beauty from $750.00 to $700.00 and set an “overweight” rating on the stock in a report on Friday. Raymond James Financial restated a “strong-buy” rating on shares of Ulta Beauty in a research report on Tuesday. B. Riley Financial reaffirmed a “neutral” rating on shares of Ulta Beauty in a research note on Monday, December 8th. Finally, Barclays increased their price target on shares of Ulta Beauty from $680.00 to $712.00 and gave the company an “overweight” rating in a research report on Monday, March 9th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $671.27.

Ulta Beauty Trading Down 14.2%

Shares of NASDAQ:ULTA opened at $535.72 on Friday. The stock’s 50-day moving average price is $665.60 and its 200-day moving average price is $586.85. Ulta Beauty Inc. has a 12-month low of $323.36 and a 12-month high of $714.97. The stock has a market capitalization of $23.76 billion, a P/E ratio of 20.90, a price-to-earnings-growth ratio of 2.84 and a beta of 0.82.

Ulta Beauty (NASDAQ:ULTA) last released its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, beating analysts’ consensus estimates of $7.93 by $0.08. The company had revenue of $3.90 billion during the quarter, compared to analyst estimates of $3.81 billion. Ulta Beauty had a return on equity of 44.44% and a net margin of 9.31%.Ulta Beauty’s revenue for the quarter was up 11.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $8.46 EPS. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, research analysts predict that Ulta Beauty Inc. will post 23.96 EPS for the current year.

Ulta Beauty News Roundup

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

• Positive Sentiment: Q4 top-line beat — net sales rose ~11.8% to about $3.9B, driven by comps and new stores, showing resilient demand. Read More.
• Positive Sentiment: Digital momentum and new channels: Ulta cites AI-driven personalization boosting e‑commerce and is launching a curated assortment on TikTok Shop to reach younger customers. Read More.
• Neutral Sentiment: FY2026 outlook shows growth but slower cadence — management guided to mid-single-digit sales growth (roughly 6–7%) and provided an EPS range; the plan signals continued growth but a deceleration from FY25. Read More.
• Neutral Sentiment: Analysts largely keep positive ratings but are trimming price targets after the print — many firms reaffirm buy/overweight while lowering targets to reflect the more cautious margin/advertising outlook. Read More.
• Negative Sentiment: Margin pressure from rising costs and higher SG&A — operating margin compressed as advertising, incentive compensation and strategic investments increased, squeezing EPS versus last year. Read More.
• Negative Sentiment: Market disappointed by the forward profit signal — investors viewed the FY26 profit/same-store-sales targets and incremental spending as conservative or risk-increasing, triggering heavy selling and analyst target resets. Read More.
• Negative Sentiment: High-volume selloff and volatile sentiment — the post-earnings move has driven large intraday volume and rapid target revisions, increasing short-term downside risk despite longer-term bullish arguments. Read More.

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.