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Berkshire Hathaway Takes Stake in Ulta Beauty

Berkshire Hathaway Takes Stake in Ulta Beauty

Warren Buffett’s Berkshire Hathaway Inc. added small stakes in retail cosmetics chain Ulta Beauty Inc. and aerospace company Heico Corp. during the second quarter, amid the conglomerate’s broader selling spree.

Berkshire added 690,106 shares of Ulta and 1.04 million shares of Heico, according to a regulatory filing. Its stake in Ulta was worth about $227 million, based on Wednesday’s closing price, while the Heico shares were valued at…


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