Jupiter Asset Management Ltd. Sells 163,842 Shares of Sally Beauty Holdings, Inc. $SBH

Jupiter Asset Management Ltd. trimmed its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH) by 8.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,712,554 shares of the specialty retailer’s stock after selling 163,842 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Sally Beauty were worth $27,880,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in Sally Beauty by 6.2% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,904 shares of the specialty retailer’s stock worth $240,000 after purchasing an additional 1,506 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Sally Beauty by 0.5% during the 3rd quarter. Rhumbline Advisers now owns 305,980 shares of the specialty retailer’s stock valued at $4,981,000 after acquiring an additional 1,507 shares during the period. Access Investment Management LLC boosted its stake in Sally Beauty by 0.3% during the third quarter. Access Investment Management LLC now owns 564,055 shares of the specialty retailer’s stock worth $9,183,000 after acquiring an additional 1,750 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sally Beauty by 3.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock worth $547,000 after purchasing an additional 2,026 shares during the period. Finally, The Manufacturers Life Insurance Company increased its stake in Sally Beauty by 4.3% in the second quarter. The Manufacturers Life Insurance Company now owns 51,011 shares of the specialty retailer’s stock valued at $472,000 after purchasing an additional 2,082 shares in the last quarter.

Insiders Place Their Bets

In related news, CAO Kim Mcintosh sold 5,900 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $15.71, for a total value of $92,689.00. Following the transaction, the chief accounting officer directly owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. The trade was a 21.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Scott C. Sherman sold 15,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $16.27, for a total transaction of $244,050.00. Following the sale, the senior vice president owned 57,585 shares of the company’s stock, valued at $936,907.95. This trade represents a 20.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 2.00% of the company’s stock.

Sally Beauty Trading Up 0.3%

NYSE:SBH opened at $15.75 on Friday. Sally Beauty Holdings, Inc. has a 52 week low of $7.54 and a 52 week high of $17.92. The firm has a 50-day moving average price of $15.46 and a two-hundred day moving average price of $14.93. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37. The firm has a market cap of $1.53 billion, a price-to-earnings ratio of 8.95 and a beta of 1.16.

Sally Beauty (NYSE:SBH) last released its earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The company had revenue of $943.17 million during the quarter, compared to analyst estimates of $939.63 million. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.Sally Beauty’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company posted $0.43 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. On average, equities analysts expect that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on SBH shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Wall Street Zen downgraded Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday, February 14th. Morgan Stanley increased their price target on Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a report on Tuesday, February 10th. TD Cowen boosted their price objective on Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $16.00 target price on shares of Sally Beauty in a research report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $17.80.

Sally Beauty Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.