Meros Investment Management LP Has $9.21 Million Holdings in Arhaus, Inc. $ARHS

Meros Investment Management LP lifted its position in Arhaus, Inc. (NASDAQ:ARHS) by 71.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 821,734 shares of the company’s stock after acquiring an additional 341,577 shares during the quarter. Arhaus accounts for approximately 3.7% of Meros Investment Management LP’s investment portfolio, making the stock its 7th largest holding. Meros Investment Management LP’s holdings in Arhaus were worth $9,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in ARHS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after acquiring an additional 1,326 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Arhaus by 83.8% in the first quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock valued at $6,061,000 after acquiring an additional 317,631 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in Arhaus by 24.1% in the first quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock worth $5,398,000 after purchasing an additional 120,314 shares in the last quarter. Hsbc Holdings PLC raised its holdings in Arhaus by 73.3% in the second quarter. Hsbc Holdings PLC now owns 35,299 shares of the company’s stock worth $308,000 after purchasing an additional 14,927 shares in the last quarter. Finally, Quantbot Technologies LP bought a new position in Arhaus in the second quarter worth about $424,000. 27.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

ARHS has been the subject of a number of recent research reports. Guggenheim reduced their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, May 8th. Stifel Nicolaus reduced their target price on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a report on Monday, May 11th. Telsey Advisory Group set a $8.00 target price on shares of Arhaus and gave the stock a “market perform” rating in a report on Friday, May 8th. Jefferies Financial Group reduced their target price on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a report on Tuesday, April 7th. Finally, Piper Sandler reduced their target price on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $9.58.

Arhaus Stock Performance

Shares of Arhaus stock opened at $7.45 on Tuesday. Arhaus, Inc. has a one year low of $5.57 and a one year high of $12.98. The company has a market capitalization of $1.05 billion, a PE ratio of 15.85, a P/E/G ratio of 1.60 and a beta of 2.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.46 and a current ratio of 1.25. The company has a 50-day simple moving average of $6.78 and a two-hundred day simple moving average of $8.63.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The business had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. During the same quarter in the previous year, the firm earned $0.03 earnings per share. The company’s revenue was up .9% on a year-over-year basis. Research analysts expect that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.