Militia Capital Management LLC acquired a new position in shares of RH (NYSE:RH – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 6,400 shares of the company’s stock, valued at approximately $895,000.
A number of other institutional investors and hedge funds have also bought and sold shares of RH. Harvest Fund Management Co. Ltd bought a new position in RH in the third quarter valued at about $30,000. Wilmington Savings Fund Society FSB grew its holdings in shares of RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of RH during the third quarter worth about $31,000. Modus Advisors LLC acquired a new position in shares of RH in the fourth quarter valued at approximately $34,000. Finally, Geneos Wealth Management Inc. acquired a new position in shares of RH in the first quarter valued at approximately $42,000. Institutional investors and hedge funds own 90.17% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms recently commented on RH. Stifel Nicolaus lifted their target price on shares of RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, June 12th. Guggenheim restated a “buy” rating and issued a $200.00 price target on shares of RH in a research report on Friday, June 12th. Wall Street Zen downgraded shares of RH from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Weiss Ratings lowered shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, April 29th. Finally, Telsey Advisory Group reduced their price objective on shares of RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 1st. Seven equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, RH has an average rating of “Hold” and a consensus price target of $171.71.
RH Price Performance
RH stock opened at $166.03 on Friday. The stock’s 50 day moving average is $155.34 and its 200 day moving average is $161.89. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The firm has a market cap of $3.14 billion, a P/E ratio of 32.05, a P/E/G ratio of 4.02 and a beta of 1.88. RH has a one year low of $106.30 and a one year high of $257.00.
RH (NYSE:RH – Get Free Report) last released its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same quarter in the prior year, the firm posted $0.13 EPS. The company’s revenue for the quarter was down 1.7% compared to the same quarter last year. As a group, research analysts expect that RH will post 4.27 EPS for the current year.
More RH News
Here are the key news stories impacting RH this week:
- Neutral Sentiment: RH said Ryan Hassanein will oversee legal, compliance, product safety, and vendor compliance, adding experienced leadership in a critical governance role. RH Announces the Appointment of Ryan Hassanein as Chief Legal & Compliance Officer
- Neutral Sentiment: The company also promoted Sandy Pilon to lead customer experience and values across RH’s global brand touchpoints, signaling an internal reorganization focused on execution and customer service. RH Announces the Promotion of Sandy Pilon to Chief Customer Experience & Values Officer
Insider Activity
In other news, Director Carlos Alberini acquired 11,388 shares of RH stock in a transaction dated Monday, June 29th. The shares were bought at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the purchase, the director owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Gary G. Friedman sold 48,238 shares of the stock in a transaction on Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the sale, the chief executive officer owned 3,226,337 shares of the company’s stock, valued at approximately $511,890,628.42. This trade represents a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by insiders.
About RH
RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.
Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.
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