Handelsbanken Fonder AB Has $774,000 Stock Holdings in RH $RH

Handelsbanken Fonder AB lifted its stake in shares of RH (NYSE:RH) by 32.3% during the second quarter, Holdings Channel.com reports. The firm owned 4,096 shares of the company’s stock after acquiring an additional 1,000 shares during the period. Handelsbanken Fonder AB’s holdings in RH were worth $774,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of RH in the 2nd quarter worth $26,000. AlphaQuest LLC acquired a new position in RH during the 1st quarter valued at about $29,000. Farther Finance Advisors LLC increased its holdings in RH by 67.8% during the 2nd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. UMB Bank n.a. raised its stake in shares of RH by 53.8% in the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after purchasing an additional 63 shares during the last quarter. Finally, Solstein Capital LLC purchased a new stake in shares of RH in the second quarter worth approximately $38,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. William Blair lowered RH from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 2nd. Guggenheim reissued a “buy” rating and set a $300.00 target price on shares of RH in a research report on Friday, September 12th. Telsey Advisory Group lowered RH from an “outperform” rating to a “hold” rating and set a $220.00 target price for the company. in a report on Friday, September 12th. Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 16th. Finally, Cowen reiterated a “buy” rating on shares of RH in a research note on Friday, September 12th. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $259.69.

Insider Buying and Selling

In related news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the completion of the transaction, the director directly owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 27.00% of the company’s stock.

RH Stock Performance

Shares of RH opened at $157.83 on Friday. The business has a 50-day moving average of $177.19 and a 200 day moving average of $197.10. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26. The firm has a market cap of $2.96 billion, a P/E ratio of 29.39, a price-to-earnings-growth ratio of 0.76 and a beta of 2.21.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.29). The business had revenue of $899.15 million for the quarter, compared to analysts’ expectations of $906.58 million. RH had a net margin of 3.20% and a negative return on equity of 113.58%. RH’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the company earned $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

RH Company 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.