Sally Beauty Holdings, Inc. $SBH Stock Holdings Lessened by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. reduced its holdings in Sally Beauty Holdings, Inc. (NYSE:SBHFree Report) by 5.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 2,492,085 shares of the specialty retailer’s stock after selling 137,428 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Sally Beauty were worth $35,537,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Bryce Point Capital LLC bought a new position in shares of Sally Beauty in the 3rd quarter worth about $570,000. SG Americas Securities LLC lifted its position in shares of Sally Beauty by 864.1% in the 4th quarter. SG Americas Securities LLC now owns 83,189 shares of the specialty retailer’s stock worth $1,186,000 after buying an additional 74,560 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Sally Beauty by 45.4% in the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 404,212 shares of the specialty retailer’s stock worth $5,771,000 after buying an additional 126,286 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Sally Beauty by 174.4% in the 3rd quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock worth $27,038,000 after buying an additional 1,055,669 shares during the last quarter. Finally, Quantbot Technologies LP lifted its position in shares of Sally Beauty by 162.4% in the 3rd quarter. Quantbot Technologies LP now owns 146,677 shares of the specialty retailer’s stock worth $2,388,000 after buying an additional 90,770 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on SBH shares. Morgan Stanley cut their price objective on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Canaccord Genuity Group lifted their price objective on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Weiss Ratings upgraded shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Finally, TD Cowen cut their price objective on shares of Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $17.00.

Read Our Latest Stock Analysis on Sally Beauty

Sally Beauty Trading Up 0.0%

Shares of NYSE:SBH opened at $12.61 on Tuesday. The company has a market cap of $1.20 billion, a PE ratio of 6.97 and a beta of 1.07. The company’s 50-day moving average price is $13.66 and its 200 day moving average price is $14.76. Sally Beauty Holdings, Inc. has a fifty-two week low of $8.45 and a fifty-two week high of $17.92. The company has a quick ratio of 0.55, a current ratio of 2.34 and a debt-to-equity ratio of 0.98.

Sally Beauty (NYSE:SBHGet Free Report) last released its earnings results on Monday, May 11th. The specialty retailer reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The firm had revenue of $903.38 million for the quarter, compared to analysts’ expectations of $901.43 million. Sally Beauty had a net margin of 4.93% and a return on equity of 24.95%. Sally Beauty’s quarterly revenue was up 2.3% on a year-over-year basis. During the same quarter last year, the company earned $0.42 EPS. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. Sell-side analysts anticipate that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current year.

About Sally Beauty

(Free Report)

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.

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Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

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