Invenomic Capital Management LP Lowers Stock Position in Sally Beauty Holdings, Inc. $SBH

Invenomic Capital Management LP cut its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH) by 59.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 691,036 shares of the specialty retailer’s stock after selling 994,000 shares during the quarter. Invenomic Capital Management LP owned about 0.70% of Sally Beauty worth $11,250,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SBH. Royce & Associates LP grew its stake in shares of Sally Beauty by 8.3% in the 3rd quarter. Royce & Associates LP now owns 13,217 shares of the specialty retailer’s stock valued at $215,000 after purchasing an additional 1,017 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Sally Beauty by 6.2% during 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 during the period. Rhumbline Advisers lifted its holdings in shares of Sally Beauty by 0.5% during the third quarter. Rhumbline Advisers now owns 305,980 shares of the specialty retailer’s stock worth $4,981,000 after purchasing an additional 1,507 shares during the period. Access Investment Management LLC grew its position in Sally Beauty by 0.3% in the 3rd quarter. Access Investment Management LLC now owns 564,055 shares of the specialty retailer’s stock valued at $9,183,000 after buying an additional 1,750 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Sally Beauty by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock valued at $547,000 after buying an additional 2,026 shares during the period.

Sally Beauty Trading Up 0.8%

NYSE:SBH opened at $14.52 on Monday. Sally Beauty Holdings, Inc. has a 52-week low of $7.54 and a 52-week high of $17.92. The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 1.02. The stock has a fifty day simple moving average of $15.64 and a 200-day simple moving average of $15.26. The company has a market capitalization of $1.41 billion, a PE ratio of 8.25 and a beta of 1.14.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The firm had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the company earned $0.43 EPS. 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 research analysts expect that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SBH has been the topic of several analyst reports. TD Cowen lifted their target price on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Jefferies Financial Group reiterated a “hold” rating and set a $16.00 target price on shares of Sally Beauty in a research report on Wednesday, January 14th. Morgan Stanley raised their price target on Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a report on Tuesday, February 10th. Finally, Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research note on Tuesday, March 10th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $17.80.

About Sally Beauty

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.