First Dallas Securities Inc. purchased a new stake in shares of RH (NYSE:RH – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 2,825 shares of the company’s stock, valued at approximately $534,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Campbell & CO Investment Adviser LLC grew its position in RH by 181.9% during the second quarter. Campbell & CO Investment Adviser LLC now owns 6,729 shares of the company’s stock worth $1,272,000 after buying an additional 4,342 shares in the last quarter. Los Angeles Capital Management LLC bought a new stake in shares of RH during the 2nd quarter valued at about $1,625,000. Prospera Financial Services Inc grew its holdings in shares of RH by 541.6% during the second quarter. Prospera Financial Services Inc now owns 11,389 shares of the company’s stock worth $2,153,000 after purchasing an additional 9,614 shares in the last quarter. Penserra Capital Management LLC grew its holdings in shares of RH by 60.3% during the second quarter. Penserra Capital Management LLC now owns 1,358 shares of the company’s stock worth $256,000 after purchasing an additional 511 shares in the last quarter. Finally, Rovin Capital UT ADV bought a new position in shares of RH in the second quarter worth approximately $257,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on RH shares. Citigroup lifted their target price on shares of RH from $200.00 to $233.00 and gave the company a “neutral” rating in a research report on Wednesday, September 3rd. Telsey Advisory Group cut shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 price objective on the stock. in a research report on Friday, September 12th. Zacks Research lowered shares of RH from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 16th. TD Cowen increased their target price on RH from $235.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of RH in a research note on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $259.29.
Insider Buying and Selling at RH
In related news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the completion of the sale, the director directly owned 24,616 shares in the company, valued at $5,812,576.08. This represents a 7.51% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 27.00% of the company’s stock.
RH Stock Performance
RH stock opened at $162.12 on Monday. RH has a 52 week low of $123.03 and a 52 week high of $457.26. The firm’s fifty day moving average is $200.14 and its 200 day moving average is $201.16. The firm has a market cap of $3.04 billion, a P/E ratio of 30.19, a P/E/G ratio of 0.77 and a beta of 2.21.
RH (NYSE:RH – Get Free Report) last posted its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.29). RH had a negative return on equity of 113.58% and a net margin of 3.20%.The business had revenue of $899.15 million during the quarter, compared to the consensus estimate of $906.58 million. During the same period in the prior year, the firm earned $1.69 earnings per share. The business’s revenue for the quarter was up 8.4% on a year-over-year basis. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts forecast that RH will post 4.39 EPS for the current year.
RH Profile
RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.
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