Sei Investments Co. Purchases 68,754 Shares of Sally Beauty Holdings, Inc. $SBH

Sei Investments Co. grew its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 52.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 200,280 shares of the specialty retailer’s stock after acquiring an additional 68,754 shares during the quarter. Sei Investments Co. owned 0.21% of Sally Beauty worth $2,774,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the business. Dimensional Fund Advisors LP lifted its position in shares of Sally Beauty by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 5,871,979 shares of the specialty retailer’s stock worth $81,323,000 after purchasing an additional 202,020 shares in the last quarter. State Street Corp grew its position in Sally Beauty by 4.4% in the fourth quarter. State Street Corp now owns 4,606,736 shares of the specialty retailer’s stock valued at $65,692,000 after purchasing an additional 192,560 shares in the last quarter. Wasatch Advisors LP bought a new position in Sally Beauty in the third quarter valued at $74,842,000. Goldman Sachs Group Inc. increased its stake in Sally Beauty by 46.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 3,981,998 shares of the specialty retailer’s stock valued at $56,783,000 after buying an additional 1,254,125 shares during the last quarter. Finally, LSV Asset Management increased its stake in Sally Beauty by 12.9% in the 4th quarter. LSV Asset Management now owns 3,793,195 shares of the specialty retailer’s stock valued at $54,091,000 after buying an additional 433,855 shares during the last quarter.

Sally Beauty Stock Performance

NYSE SBH opened at $16.80 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.55 and a debt-to-equity ratio of 0.92. The firm’s fifty day moving average price is $14.28 and its two-hundred day moving average price is $14.42. Sally Beauty Holdings, Inc. has a 1 year low of $11.54 and a 1 year high of $17.92. The firm has a market capitalization of $1.57 billion, a P/E ratio of 8.75 and a beta of 1.03.

Sally Beauty (NYSE:SBH) last announced its quarterly earnings results on Monday, August 3rd. The specialty retailer reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.02. The firm had revenue of $935.49 million during the quarter, compared to analysts’ expectations of $938.45 million. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter last year, the company posted $0.51 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, research analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 EPS for the current year.

Analysts Set New Price Targets

Several brokerages have commented on SBH. Weiss Ratings raised shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Wall Street Zen downgraded Sally Beauty from a “buy” rating to a “hold” rating in a research report on Saturday. TD Cowen upped their target price on Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Morgan Stanley reduced their price target on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $17.40.

Insider Transactions at Sally Beauty

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the firm’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $12.70, for a total value of $543,191.70. Following the completion of the sale, the chief financial officer directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. This trade represents a 23.64% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 2.00% of the company’s stock.

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.