Jupiter Asset Management Ltd. Raises Position in Sally Beauty Holdings, Inc. $SBH

Jupiter Asset Management Ltd. grew its holdings in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,756,549 shares of the specialty retailer’s stock after purchasing an additional 43,995 shares during the quarter. Jupiter Asset Management Ltd.’s holdings in Sally Beauty were worth $25,048,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SBH. Royal Bank of Canada lifted its stake in shares of Sally Beauty by 150,390.9% during the 1st quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer’s stock worth $299,000 after purchasing an additional 33,086 shares during the period. AQR Capital Management LLC lifted its stake in shares of Sally Beauty by 53.7% during the 1st quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock worth $4,188,000 after purchasing an additional 166,637 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Sally Beauty by 3.5% during the 1st 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. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Sally Beauty by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after purchasing an additional 31,040 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in shares of Sally Beauty by 11.5% during the 2nd quarter. Hsbc Holdings PLC now owns 57,640 shares of the specialty retailer’s stock worth $530,000 after purchasing an additional 5,956 shares during the period.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on SBH shares. Canaccord Genuity Group increased their price target on Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Weiss Ratings lowered Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. TD Cowen cut their target price on Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Morgan Stanley cut their target price on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Finally, Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $17.00.

Sally Beauty Trading Up 0.4%

Shares of SBH opened at $13.31 on Friday. The company has a current ratio of 2.34, a quick ratio of 0.55 and a debt-to-equity ratio of 0.98. The firm has a market capitalization of $1.27 billion, a P/E ratio of 7.35 and a beta of 1.07. The stock’s fifty day simple moving average is $13.58 and its 200 day simple moving average is $14.73. Sally Beauty Holdings, Inc. has a twelve month low of $8.45 and a twelve month high of $17.92.

Sally Beauty (NYSE:SBH) last issued its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.03. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The business had revenue of $903.38 million for the quarter, compared to analyst estimates of $901.43 million. During the same period last year, the company posted $0.42 EPS. The business’s quarterly revenue was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. On average, equities research analysts forecast that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current year.

Sally Beauty Company 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.