Harbor Capital Advisors Inc. Invests $608,000 in RH $RH

Harbor Capital Advisors Inc. purchased a new stake in RH (NYSE:RH) in the third quarter, HoldingsChannel reports. The firm purchased 2,991 shares of the company’s stock, valued at approximately $608,000.

Other large investors have also added to or reduced their stakes in the company. Manchester Financial Inc. acquired a new position in RH in the 3rd quarter valued at $203,000. CHICAGO TRUST Co NA bought a new position in shares of RH in the third quarter worth $203,000. Red Door Wealth Management LLC acquired a new position in RH in the third quarter valued at about $203,000. M.E. Allison & CO. Inc. bought a new stake in RH during the third quarter worth about $203,000. Finally, Trinity Financial Advisors LLC acquired a new stake in RH during the third quarter worth about $203,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on RH shares. Cowen reissued a “buy” rating on shares of RH in a report on Friday, September 12th. The Goldman Sachs Group lowered their price objective on shares of RH from $195.00 to $144.00 and set a “sell” rating for the company in a research report on Monday, December 15th. JPMorgan Chase & Co. cut their target price on RH from $275.00 to $225.00 and set an “overweight” rating for the company in a research note on Friday, December 19th. Guggenheim reiterated a “buy” rating and issued a $300.00 price target on shares of RH in a research note on Friday, September 12th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $165.00 price target (down previously from $320.00) on shares of RH in a report on Friday, December 12th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $225.56.

RH Stock Performance

NYSE RH opened at $185.50 on Friday. The firm’s fifty day moving average price is $165.65 and its two-hundred day moving average price is $193.71. The stock has a market cap of $3.48 billion, a PE ratio of 33.48, a PEG ratio of 1.39 and a beta of 2.09. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. RH has a fifty-two week low of $123.03 and a fifty-two week high of $455.84.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.42). The firm had revenue of $883.81 million for the quarter, compared to analyst estimates of $883.65 million. RH had a net margin of 3.22% and a negative return on equity of 161.72%. The company’s revenue was up 8.9% compared to the same quarter last year. During the same period last year, the business earned $2.48 EPS. On average, equities analysts expect that RH will post 4.39 EPS for the current fiscal year.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.