Louisiana State Employees Retirement System Makes New Investment in RH $RH

Louisiana State Employees Retirement System purchased a new stake in RH (NYSE:RH) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,500 shares of the company’s stock, valued at approximately $629,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Harvest Fund Management Co. Ltd bought a new stake in shares of RH in the 3rd quarter valued at $30,000. Wilmington Savings Fund Society FSB boosted its stake in RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after acquiring an additional 116 shares in the last quarter. Advisory Services Network LLC acquired a new stake in RH in the third quarter worth $31,000. Modus Advisors LLC acquired a new stake in RH in the fourth quarter worth $34,000. Finally, Farther Finance Advisors LLC increased its stake in RH by 45.0% in the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock valued at $44,000 after purchasing an additional 77 shares in the last quarter. 90.17% of the stock is currently owned by institutional investors.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 3,102 shares of RH stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total transaction of $446,688.00. Following the transaction, the director owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos Alberini purchased 11,388 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was bought at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the transaction, the director directly owned 32,190 shares in the company, valued at $5,179,371. The trade was a 54.74% increase in their position. The SEC filing for this purchase provides additional information. 26.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on RH shares. Guggenheim reissued a “buy” rating and set a $200.00 price objective on shares of RH in a research report on Friday, June 12th. UBS Group dropped their price target on RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Weiss Ratings lowered RH from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, April 29th. Barclays reduced their price objective on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Finally, Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 target price on shares of RH in a research report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, RH has a consensus rating of “Hold” and an average price target of $172.53.

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH announced a first-of-its-kind global design collaboration with Mercedes-AMG PETRONAS Formula One, giving the company added exposure to a premium global audience and reinforcing its luxury brand positioning. Article Title
• Positive Sentiment: RH said it opened RH London in Mayfair, a five-level flagship in a key luxury shopping district, which supports international expansion and could help drive brand awareness and sales. Article Title
• Neutral Sentiment: A roundup of home furnishing and improvement retail Q1 results highlighted RH as a standout performer, which may be helping sentiment around the stock. Article Title

RH Trading Down 3.2%

NYSE:RH opened at $163.55 on Wednesday. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. RH has a one year low of $106.30 and a one year high of $257.00. The company has a market cap of $3.09 billion, a PE ratio of 31.57, a PEG ratio of 3.88 and a beta of 1.88. The firm has a 50-day moving average of $144.68 and a 200-day moving average of $162.36.

RH (NYSE:RH) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 EPS. As a group, equities research analysts expect that RH will post 4.27 EPS for the current fiscal year.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.