Ulta Beauty Rises on Strong Quarterly Results and Higher Full-Year Outlook

Ulta Beauty (ULTA) is up 3.6% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is investor follow-through after a strong fiscal second-quarter report that showed solid sales and earnings growth, plus a higher full-year outlook. The move also may be getting support from a larger planned share repurchase pace, which can reinforce confidence in management’s view of demand and cash generation.

Details:

Ulta Beauty posted fiscal second-quarter net sales of about $3.0 billion, up 8.9%, with comparable sales increasing 3.8%.

Diluted earnings per share rose 13.3% to $6.55, while operating income increased 10.1%, pointing to healthy profit growth alongside revenue gains.

Management raised fiscal 2026 guidance, including higher expectations for net sales growth, comparable sales growth, operating income growth, and earnings per share.

The company also lifted its planned fiscal 2026 share repurchases to $1.8 billion from $1.5 billion and said it expects to use the remaining authorization by year-end.

Sources:

Ulta Beauty, U.S. Securities and Exchange Commission, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$ULTA Insider Trading Activity

$ULTA insiders have traded $ULTA stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $ULTA stock by insiders over the last 6 months:

GEORGE R JR MRKONIC has made 0 purchases and 2 sales selling 835 shares for an estimated $426,005.

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$ULTA Hedge Fund Activity

We have seen 433 institutional investors add shares of $ULTA stock to their portfolio, and 711 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

DIAMANT ASSET MANAGEMENT, INC. removed 1,471,025 shares (-99.8%) from their portfolio in Q2 2026, for an estimated $663,402,854
SANDERS CAPITAL, LLC added 552,830 shares (+29.0%) to their portfolio in Q2 2026, for an estimated $249,315,273
PRICE T ROWE ASSOCIATES INC /MD/ added 544,723 shares (+55.4%) to their portfolio in Q2 2026, for an estimated $245,659,178
JPMORGAN CHASE & CO added 412,540 shares (+inf%) to their portfolio in Q2 2026, for an estimated $186,047,289
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 366,570 shares (+inf%) to their portfolio in Q2 2026, for an estimated $165,315,738
T. ROWE PRICE INVESTMENT MANAGEMENT, INC. added 233,678 shares (+36.6%) to their portfolio in Q2 2026, for an estimated $105,384,104
1832 ASSET MANAGEMENT L.P. removed 231,637 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $121,078,976

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$ULTA Congressional Stock Trading

Members of Congress have traded $ULTA stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $ULTA stock by members of Congress over the last 6 months:

REPRESENTATIVE MARIA ELVIRA SALAZAR purchased up to $50,000 on 03/19.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$ULTA Price Targets

Multiple analysts have issued price targets for $ULTA recently. We have seen 17 analysts offer price targets for $ULTA in the last 6 months, with a median target of $635.0.

Here are some recent targets:

Oliver Chen from TD Cowen set a target price of $600.0 on 06/09/2026
Steven Zaccone from Citigroup set a target price of $560.0 on 06/04/2026
Ike Boruchow from Wells Fargo set a target price of $450.0 on 06/03/2026
Mark Altschwager from Baird set a target price of $700.0 on 06/03/2026
Adrienne Yih from Barclays set a target price of $647.0 on 06/03/2026
Michael Baker from DA Davidson set a target price of $585.0 on 06/03/2026
Anna Andreeva from Piper Sandler set a target price of $600.0 on 06/03/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.