Tudor Investment Corp ET AL Takes Position in Arhaus, Inc. $ARHS

Tudor Investment Corp ET AL purchased a new stake in shares of Arhaus, Inc. (NASDAQ:ARHS) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 178,424 shares of the company’s stock, valued at approximately $1,897,000. Tudor Investment Corp ET AL owned approximately 0.13% of Arhaus at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ARHS. Caitong International Asset Management Co. Ltd purchased a new stake in Arhaus in the 3rd quarter valued at about $30,000. Morningstar Investment Management LLC bought a new position in shares of Arhaus during the 3rd quarter worth approximately $1,161,000. Dark Forest Capital Management LP purchased a new position in shares of Arhaus in the 3rd quarter worth approximately $2,409,000. PharVision Advisers LLC purchased a new position in shares of Arhaus in the 3rd quarter worth approximately $325,000. Finally, Sherbrooke Park Advisers LLC bought a new position in shares of Arhaus in the third quarter valued at approximately $108,000. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

Arhaus Price Performance

Arhaus stock opened at $6.50 on Friday. The business’s 50 day simple moving average is $8.80 and its 200 day simple moving average is $9.95. Arhaus, Inc. has a 12 month low of $6.43 and a 12 month high of $12.98. The company has a market cap of $917.28 million, a price-to-earnings ratio of 13.54, a PEG ratio of 1.35 and a beta of 2.54. The company has a current ratio of 1.37, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last released its earnings results on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The business had revenue of $364.85 million during the quarter, compared to the consensus estimate of $351.53 million. During the same period last year, the business posted $0.15 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Sell-side analysts forecast that Arhaus, Inc. will post 0.46 EPS for the current year.

Arhaus Announces Dividend

The company also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, March 18th.

Analysts Set New Price Targets

ARHS has been the topic of a number of recent analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a report on Monday, December 29th. Stifel Nicolaus set a $12.00 price objective on Arhaus in a research note on Monday, March 2nd. Jefferies Financial Group reaffirmed a “hold” rating and set a $9.50 target price on shares of Arhaus in a research report on Thursday, February 26th. Telsey Advisory Group lifted their target price on Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, February 26th. Finally, Morgan Stanley boosted their price target on shares of Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.00.

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.