LSV Asset Management Buys 40,189 Shares of Sally Beauty Holdings, Inc. $SBH

LSV Asset Management increased its position in Sally Beauty Holdings, Inc. (NYSE:SBH) by 1.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,125,321 shares of the specialty retailer’s stock after buying an additional 40,189 shares during the period. LSV Asset Management owned 3.16% of Sally Beauty worth $28,940,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SBH. New York State Common Retirement Fund grew its holdings in Sally Beauty by 10.1% during the 1st quarter. New York State Common Retirement Fund now owns 257,628 shares of the specialty retailer’s stock valued at $2,326,000 after buying an additional 23,623 shares in the last quarter. CWM LLC boosted its position in shares of Sally Beauty by 123.7% during the 1st quarter. CWM LLC now owns 8,949 shares of the specialty retailer’s stock valued at $81,000 after acquiring an additional 4,948 shares during the last quarter. Allianz Asset Management GmbH grew its holdings in shares of Sally Beauty by 32.5% in the first quarter. Allianz Asset Management GmbH now owns 909,204 shares of the specialty retailer’s stock valued at $8,210,000 after purchasing an additional 223,257 shares in the last quarter. Readystate Asset Management LP purchased a new position in shares of Sally Beauty in the first quarter valued at $1,676,000. Finally, TradeLink Capital LLC bought a new stake in Sally Beauty in the first quarter worth $136,000.

Analysts Set New Price Targets

Several equities analysts have commented on SBH shares. TD Cowen increased their price objective on shares of Sally Beauty from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, September 4th. Canaccord Genuity Group upped their target price on shares of Sally Beauty from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Morgan Stanley boosted their price objective on Sally Beauty from $10.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday. Finally, Jefferies Financial Group upped their price objective on Sally Beauty from $12.80 to $14.50 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $14.60.

Insider Buying and Selling

In other Sally Beauty news, Director Max R. Rangel acquired 3,500 shares of the business’s stock in a transaction on Thursday, September 4th. The shares were bought at an average price of $14.07 per share, with a total value of $49,245.00. Following the transaction, the director directly owned 3,500 shares of the company’s stock, valued at $49,245. The trade was a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. 1.56% of the stock is owned by company insiders.

Sally Beauty Stock Performance

Shares of NYSE:SBH opened at $14.65 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 0.49 and a debt-to-equity ratio of 1.16. Sally Beauty Holdings, Inc. has a 12 month low of $7.54 and a 12 month high of $17.40. The company has a market capitalization of $1.43 billion, a price-to-earnings ratio of 7.88 and a beta of 1.33. The firm’s 50-day moving average is $15.09 and its 200 day moving average is $12.07.

Sally Beauty (NYSE:SBH) last announced its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.06. The business had revenue of $947.08 million during the quarter, compared to analyst estimates of $932.88 million. Sally Beauty had a return on equity of 28.11% and a net margin of 5.26%.The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS. Q1 2026 guidance at 0.430-0.470 EPS. Research analysts predict that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.