Allspring Global Investments Holdings LLC Cuts Position in Ulta Beauty Inc. $ULTA

Allspring Global Investments Holdings LLC lowered its holdings in Ulta Beauty Inc. (NASDAQ:ULTA) by 13.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 121,090 shares of the specialty retailer’s stock after selling 18,378 shares during the quarter. Allspring Global Investments Holdings LLC owned 0.27% of Ulta Beauty worth $75,081,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Cary Street Partners Investment Advisory LLC boosted its holdings in Ulta Beauty by 107.7% during the second quarter. Cary Street Partners Investment Advisory LLC now owns 54 shares of the specialty retailer’s stock worth $25,000 after buying an additional 28 shares in the last quarter. Harbor Capital Advisors Inc. acquired a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $25,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Ulta Beauty in the 3rd quarter worth approximately $31,000. Abich Financial Wealth Management LLC purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $31,000. Finally, BOKF NA purchased a new position in Ulta Beauty in the 3rd quarter valued at approximately $31,000. 90.39% of the stock is owned by institutional investors and hedge funds.

Ulta Beauty Stock Performance

Shares of ULTA stock opened at $522.71 on Wednesday. Ulta Beauty Inc. has a one year low of $323.36 and a one year high of $714.97. The company has a 50 day moving average price of $632.17 and a 200 day moving average price of $587.91. The firm has a market capitalization of $22.86 billion, a price-to-earnings ratio of 20.39, a price-to-earnings-growth ratio of 1.87 and a beta of 0.82.

Ulta Beauty (NASDAQ:ULTA) last issued its earnings results on Thursday, March 12th. The specialty retailer reported $8.01 earnings per share for the quarter, topping the consensus estimate of $7.93 by $0.08. Ulta Beauty had a return on equity of 43.56% and a net margin of 9.31%.The business had revenue of $3.90 billion for the quarter, compared to analyst estimates of $3.81 billion. During the same period last year, the company posted $8.46 EPS. The business’s quarterly revenue was up 11.8% on a year-over-year basis. Ulta Beauty has set its FY 2026 guidance at 28.050-28.550 EPS. As a group, equities analysts forecast that Ulta Beauty Inc. will post 23.96 EPS for the current fiscal year.

Ulta Beauty News Summary

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

• Positive Sentiment: Ulta is launching on TikTok Shop and leaning into social commerce at a time of reported double-digit sales growth, a move investors view as accelerating discovery and younger-customer engagement. The beauty counter is now on your For You page as Ulta Beauty joins TikTok Shop, betting on the platform reshaping how America consumes
• Positive Sentiment: Ulta expanded its ship‑from‑store program (about 1,000 stores) in 2025, boosting fulfillment flexibility and reducing delivery times — a tangible omnichannel improvement that supports sales and margins. Ulta doubled store fulfillment capabilities in 2025
• Positive Sentiment: Industry coverage highlights Ulta as a beneficiary of beauty-sector premiumization and innovation, reinforcing a favorable secular backdrop for growth and pricing power. 3 Beauty Stocks to Watch as Innovation and Premiumization Fuel Growth
• Neutral Sentiment: Ulta will participate in an upcoming investor conference — a routine but useful event for management to reiterate strategy and guidance to the sell side and institutional holders. Ulta Beauty to Participate in Upcoming Investor Conference
• Neutral Sentiment: Analyst consensus remains favorable (average rating around “Moderate Buy”), which supports investor confidence but leaves less scope for immediate upside from upgrades. Ulta Beauty Inc. (NASDAQ:ULTA) Given Average Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Curated brand additions (e.g., a new tulip-powered skincare brand) underline Ulta’s role as a discovery destination, which is positive for traffic and assortment but typically drives gradual, not immediate, sales impact. Our Editors’ Favorite Tulip-Powered Skin Care Brand Is Now at Ulta

Analyst Upgrades and Downgrades

ULTA has been the topic of a number of research analyst reports. William Blair reiterated a “market perform” rating on shares of Ulta Beauty in a research report on Monday, March 9th. 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. Guggenheim reissued a “neutral” rating on shares of Ulta Beauty in a research note on Friday, December 5th. Canaccord Genuity Group raised their price objective on shares of Ulta Beauty from $674.00 to $799.00 and gave the stock a “buy” rating in a research note on Tuesday, March 10th. Finally, Evercore lifted their price objective on Ulta Beauty from $640.00 to $660.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Ulta Beauty has a consensus rating of “Moderate Buy” and a consensus price target of $671.27.

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.