RH $RH Shares Bought by Man Group plc

Man Group plc raised its position in RH (NYSE:RH) by 152.5% during the second quarter, HoldingsChannel reports. The firm owned 20,301 shares of the company’s stock after buying an additional 12,260 shares during the quarter. Man Group plc’s holdings in RH were worth $3,344,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. lifted its stake in RH by 41.7% during the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock worth $325,881,000 after purchasing an additional 581,710 shares during the last quarter. Durable Capital Partners LP boosted its holdings in RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its stake in RH by 1,797.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock valued at $44,134,000 after purchasing an additional 233,373 shares during the last quarter. Alliancebernstein L.P. increased its stake in RH by 66.1% in the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after purchasing an additional 228,229 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in RH by 200.5% during the third quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock worth $60,480,000 after purchasing an additional 198,615 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on RH shares. Bank of America began coverage on shares of RH in a report on Monday, August 3rd. They issued an “underperform” rating and a $156.00 target price for the company. Guggenheim reissued a “buy” rating and issued a $200.00 price target on shares of RH in a research report on Friday, June 12th. KeyCorp restated a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a report on Friday, July 24th. Finally, Citigroup lifted their target price on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $173.36.

RH Trading Down 0.5%

Shares of RH stock opened at $148.80 on Tuesday. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The company has a market capitalization of $2.81 billion, a P/E ratio of 28.73, a PEG ratio of 3.56 and a beta of 1.87. RH has a 1 year low of $106.30 and a 1 year high of $257.00. The company’s fifty day moving average is $169.56 and its two-hundred day moving average is $153.65.

RH (NYSE:RH) last announced its earnings results on Thursday, June 11th. The company reported ($1.97) EPS 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 analysts’ expectations of $792.55 million. During the same period in the prior year, the company earned $0.13 earnings per share. The business’s revenue was down 1.7% compared to the same quarter last year. Analysts forecast that RH will post 4.2 earnings per share for the current year.

Insider Buying and Selling at RH

In other news, CEO Gary G. Friedman sold 48,238 shares of the business’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 value of $7,653,441.08. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were bought at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the purchase, the director directly owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 132,749 shares of company stock valued at $21,856,812 in the last ninety days. Insiders own 26.90% of the company’s stock.

More RH News

Here are the key news stories impacting RH this week:

• Neutral Sentiment: RH’s latest reported quarterly results were mixed: revenue of $800.3 million exceeded consensus estimates, and the company’s adjusted loss per share was narrower than expected.
• Negative Sentiment: Revenue declined 1.7% year over year, while RH reported a quarterly loss compared with a profit in the prior-year period. The stock also remains below its 50-day moving average, suggesting continued near-term pressure.

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.