Long Focus Capital Management LLC Reduces Position in Arhaus, Inc. $ARHS

Long Focus Capital Management LLC reduced its stake in Arhaus, Inc. (NASDAQ:ARHS) by 15.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,290,000 shares of the company’s stock after selling 230,800 shares during the quarter. Long Focus Capital Management LLC owned approximately 0.91% of Arhaus worth $13,713,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Voya Investment Management LLC lifted its position in shares of Arhaus by 10,207.1% during the 3rd quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock valued at $16,076,000 after buying an additional 1,497,694 shares in the last quarter. Wasatch Advisors LP increased its holdings in Arhaus by 6.8% in the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after acquiring an additional 811,337 shares in the last quarter. CenterBook Partners LP raised its stake in Arhaus by 207.9% during the 3rd quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock worth $11,229,000 after acquiring an additional 713,324 shares during the period. Maverick Capital Ltd. bought a new stake in Arhaus during the 2nd quarter worth approximately $4,691,000. Finally, Arrowstreet Capital Limited Partnership purchased a new position in Arhaus during the third quarter valued at approximately $3,731,000. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ARHS has been the subject of a number of analyst reports. Telsey Advisory Group increased their price objective on shares of Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a research note on Thursday, February 26th. Jefferies Financial Group restated a “hold” rating and set a $9.50 target price on shares of Arhaus in a research note on Thursday, February 26th. Morgan Stanley upped their target price 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. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th. Finally, TD Cowen decreased their price target on Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $11.00.

Arhaus Trading Up 3.2%

Shares of Arhaus stock opened at $7.33 on Tuesday. Arhaus, Inc. has a twelve month low of $6.61 and a twelve month high of $12.98. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $9.53 and a 200-day moving average price of $10.23. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 15.27, a PEG ratio of 1.47 and a beta of 2.54.

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

Arhaus Announces Dividend

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

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.