Sally Beauty Holdings, Inc. $SBH Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC trimmed its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBHFree Report) by 73.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,849 shares of the specialty retailer’s stock after selling 90,224 shares during the period. Intech Investment Management LLC’s holdings in Sally Beauty were worth $519,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SBH. Arrowstreet Capital Limited Partnership raised its stake in Sally Beauty by 2,768.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after purchasing an additional 1,177,626 shares during the last quarter. Ranmore Fund Management Ltd boosted its stake in Sally Beauty by 54.6% during the 2nd quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock worth $20,335,000 after purchasing an additional 776,020 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of Sally Beauty by 161.2% during the second quarter. American Century Companies Inc. now owns 605,162 shares of the specialty retailer’s stock worth $5,604,000 after buying an additional 373,513 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Sally Beauty by 21.7% during the second quarter. Invesco Ltd. now owns 1,788,951 shares of the specialty retailer’s stock worth $16,566,000 after buying an additional 319,025 shares in the last quarter. Finally, LSV Asset Management raised its position in shares of Sally Beauty by 7.5% in the third quarter. LSV Asset Management now owns 3,359,340 shares of the specialty retailer’s stock valued at $54,690,000 after buying an additional 234,019 shares during the last quarter.

Sally Beauty Stock Performance

NYSE:SBH opened at $14.93 on Thursday. The company’s 50-day moving average is $15.64 and its two-hundred day moving average is $15.24. Sally Beauty Holdings, Inc. has a 1-year low of $7.54 and a 1-year high of $17.92. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.37 and a quick ratio of 0.57. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of 8.48 and a beta of 1.14.

Sally Beauty (NYSE:SBHGet Free Report) last announced its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $943.17 million during the quarter, compared to the consensus estimate of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The business’s revenue was up .6% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS. 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. Analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Wall Street Analysts Forecast Growth

SBH has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Tuesday. Canaccord Genuity Group increased their price objective on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, February 10th. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a research note on Wednesday, January 21st. Jefferies Financial Group restated a “hold” rating and issued a $16.00 price target on shares of Sally Beauty in a research report on Wednesday, January 14th. Finally, TD Cowen increased their price target on Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $17.80.

Check Out Our Latest Report on Sally Beauty

Sally Beauty Profile

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SBH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sally Beauty Holdings, Inc. (NYSE:SBHFree Report).

Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

Receive News & Ratings for Sally Beauty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sally Beauty and related companies with MarketBeat.com's FREE daily email newsletter.