Sally Beauty Holdings, Inc. $SBH Position Lessened by Gamco Investors INC. ET AL

Gamco Investors INC. ET AL lowered its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 4.2% in the third quarter, HoldingsChannel reports. The firm owned 856,851 shares of the specialty retailer’s stock after selling 37,300 shares during the quarter. Gamco Investors INC. ET AL’s holdings in Sally Beauty were worth $13,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Arrowstreet Capital Limited Partnership increased its position in Sally Beauty by 2,768.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock worth $11,299,000 after buying an additional 1,177,626 shares during the period. American Century Companies Inc. boosted its holdings in shares of Sally Beauty by 174.4% during the third quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock valued at $27,038,000 after acquiring an additional 1,055,669 shares during the period. Ranmore Fund Management Ltd grew its position in shares of Sally Beauty by 54.6% during the second quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock worth $20,335,000 after acquiring an additional 776,020 shares during the last quarter. CSM Advisors LLC acquired a new stake in shares of Sally Beauty in the 2nd quarter worth about $4,347,000. Finally, Invesco Ltd. increased its holdings in shares of Sally Beauty by 21.7% in the 2nd quarter. Invesco Ltd. now owns 1,788,951 shares of the specialty retailer’s stock worth $16,566,000 after acquiring an additional 319,025 shares during the period.

Insider Activity at Sally Beauty

In related news, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $15.71, for a total transaction of $92,689.00. Following the transaction, the chief accounting officer owned 21,295 shares in the company, valued at $334,544.45. This trade represents a 21.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on SBH shares. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a research note on Wednesday, January 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Wall Street Zen cut Sally Beauty from a “buy” rating to a “hold” rating in a report on Monday, March 2nd. Morgan Stanley boosted their price objective on Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $16.00 price objective on shares of Sally Beauty in a report on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $17.80.

Sally Beauty Stock Performance

SBH stock opened at $14.80 on Friday. The company has a 50-day simple moving average of $15.61 and a 200 day simple moving average of $15.21. The company has a market capitalization of $1.44 billion, a P/E ratio of 8.41 and a beta of 1.14. The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 1.02. Sally Beauty Holdings, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $17.92.

Sally Beauty (NYSE:SBH) last released its earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The firm had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. During the same quarter last year, the company earned $0.43 EPS. Sally Beauty’s quarterly revenue was up .6% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Sell-side analysts predict that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

Sally Beauty Company 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.