UBS Group AG lifted its position in shares of Arhaus, Inc. (NASDAQ:ARHS – Free Report) by 43.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,098,150 shares of the company’s stock after buying an additional 331,961 shares during the period. UBS Group AG owned approximately 0.78% of Arhaus worth $12,310,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in the company. State of Alaska Department of Revenue acquired a new position in Arhaus in the third quarter valued at approximately $28,000. Larson Financial Group LLC increased its stake in Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after acquiring an additional 1,315 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Arhaus in the third quarter valued at $30,000. Johnson Investment Counsel Inc. purchased a new stake in Arhaus in the third quarter valued at $49,000. Finally, AlphaQuest LLC lifted its stake in shares of Arhaus by 68.2% in the 3rd quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock valued at $50,000 after purchasing an additional 1,922 shares during the last quarter. Hedge funds and other institutional investors own 27.88% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently weighed in on the company. TD Cowen lowered their price target on Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a report on Monday. Stifel Nicolaus decreased their target price on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday. Telsey Advisory Group set a $8.00 target price on shares of Arhaus and gave the stock a “market perform” rating in a research note on Friday, May 8th. Guggenheim dropped their price target on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Piper Sandler reduced their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9.58.
Arhaus Trading Up 0.2%
Shares of NASDAQ ARHS opened at $5.88 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.62 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $829.79 million, a PE ratio of 12.51, a PEG ratio of 1.31 and a beta of 2.40. Arhaus, Inc. has a twelve month low of $5.63 and a twelve month high of $12.98. The stock has a fifty day simple moving average of $7.02 and a 200-day simple moving average of $9.10.
Arhaus (NASDAQ:ARHS – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The firm had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. During the same quarter in the prior year, the company earned $0.03 EPS. Arhaus’s revenue was up .9% on a year-over-year basis. On average, equities analysts forecast that Arhaus, Inc. will post 0.47 earnings per share for the current year.
Arhaus Announces Dividend
The firm also recently disclosed a special dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th were paid a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, March 18th.
Arhaus Profile
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.
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