RH $RH Shares Acquired by Xcel Wealth Management LLC

Xcel Wealth Management LLC grew its stake in shares of RH (NYSE:RH) by 5.4% in the second quarter, HoldingsChannel.com reports. The firm owned 157,745 shares of the company’s stock after purchasing an additional 8,152 shares during the period. RH comprises about 6.2% of Xcel Wealth Management LLC’s investment portfolio, making the stock its 2nd largest holding. Xcel Wealth Management LLC’s holdings in RH were worth $25,985,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Harvest Fund Management Co. Ltd purchased a new stake in shares of RH in the third quarter worth approximately $30,000. Wilmington Savings Fund Society FSB boosted its position 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 valued at $31,000 after buying an additional 116 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of RH during the third quarter valued at approximately $31,000. Modus Advisors LLC bought a new stake in RH during the fourth quarter worth $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in RH during the first quarter worth $42,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Trading Down 0.4%

NYSE RH opened at $179.62 on Friday. The stock has a market capitalization of $3.39 billion, a price-to-earnings ratio of 34.68, a PEG ratio of 4.22 and a beta of 1.87. RH has a one year low of $106.30 and a one year high of $257.00. 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 business’s fifty day moving average is $167.48 and its 200-day moving average is $157.70.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. The company had revenue of $800.33 million for the quarter, compared to the consensus estimate of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.13 EPS. Equities research analysts predict that RH will post 4.27 EPS for the current year.

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

Insiders Place Their Bets

In other news, Director Mark S. Demilio sold 2,445 shares of the stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $168.44, for a total transaction of $411,835.80. Following the completion of the transaction, the director directly owned 25,680 shares of the company’s stock, valued at $4,325,539.20. This represents a 8.69% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary G. Friedman sold 48,238 shares of the firm’s stock in a transaction that occurred 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. The trade was a 1.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 132,749 shares of company stock valued at $21,856,812. Company insiders own 26.90% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Citigroup raised their price objective on RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. KeyCorp reiterated a “sector weight” rating on shares of RH in a research note on Friday, June 12th. UBS Group lowered their target price on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. TD Cowen reissued a “buy” rating on shares of RH in a research report on Monday. Finally, Robert W. Baird boosted their price target on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $174.29.

RH Company Profile

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.