Jupiter Topco LLC Buys New Stake in Sally Beauty Holdings, Inc. $SBH

Jupiter Topco LLC acquired a new position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 50,460 shares of the specialty retailer’s stock, valued at approximately $713,000. Jupiter Topco LLC owned approximately 0.05% of Sally Beauty at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SBH. Mariner LLC raised its holdings in shares of Sally Beauty by 6.1% during the 4th quarter. Mariner LLC now owns 15,400 shares of the specialty retailer’s stock valued at $220,000 after buying an additional 890 shares during the period. Russell Investments Group Ltd. boosted its holdings in Sally Beauty by 0.6% in the 4th quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer’s stock worth $2,613,000 after acquiring an additional 1,081 shares during the period. Versant Capital Management Inc grew its position in Sally Beauty by 27.2% in the second quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock valued at $72,000 after acquiring an additional 1,089 shares in the last quarter. Larson Financial Group LLC grew its position in Sally Beauty by 392.5% in the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after acquiring an additional 1,519 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Sally Beauty by 3.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock valued at $547,000 after purchasing an additional 2,026 shares during the period.

Sally Beauty Stock Down 0.2%

SBH stock opened at $16.67 on Monday. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.92. The firm has a 50 day simple moving average of $15.58 and a 200-day simple moving average of $14.50. The company has a market capitalization of $1.56 billion, a P/E ratio of 8.68 and a beta of 1.05. Sally Beauty Holdings, Inc. has a twelve month low of $11.54 and a twelve month high of $17.92.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. The firm had revenue of $935.49 million for the quarter, compared to the consensus estimate of $938.45 million. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The firm’s revenue was up .3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.51 EPS. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. On average, equities research analysts predict that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Morgan Stanley reduced their target price on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Weiss Ratings raised shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. TD Cowen raised their target price on Sally Beauty from $17.00 to $19.00 and gave the company a “buy” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.40.

Sally Beauty Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.