RH $RH Stock Holdings Lessened by SWS Partners

SWS Partners cut its holdings in RH (NYSE:RHFree Report) by 22.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 18,086 shares of the company’s stock after selling 5,185 shares during the period. SWS Partners’ holdings in RH were worth $2,979,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of RH. Harvest Fund Management Co. Ltd bought a new position in RH in the third quarter worth about $30,000. Wilmington Savings Fund Society FSB grew its holdings in shares of RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after purchasing an additional 116 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of RH during the 3rd quarter worth approximately $31,000. Modus Advisors LLC bought a new stake in shares of RH in the 4th quarter worth approximately $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of RH in the 1st quarter worth approximately $42,000. Institutional investors own 90.17% of the company’s stock.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 2,445 shares of the company’s stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $168.44, for a total value of $411,835.80. Following the completion of the sale, the director owned 25,680 shares of the company’s stock, valued at $4,325,539.20. This represents a 8.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Carlos Alberini bought 11,388 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The stock was bought at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director directly owned 32,190 shares in the company, valued at $5,179,371. This represents a 54.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 over the last ninety days. 26.90% of the stock is currently owned by corporate insiders.

RH Stock Up 1.0%

RH opened at $181.40 on Friday. The stock’s 50 day moving average price is $168.18 and its 200 day moving average price is $157.87. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The stock has a market cap of $3.43 billion, a P/E ratio of 35.02, a P/E/G ratio of 4.20 and a beta of 1.87. RH has a 12 month low of $106.30 and a 12 month high of $257.00.

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wells Fargo & Company upped their price objective on RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday. Guggenheim reiterated a “buy” rating and issued a $200.00 target price on shares of RH in a research note on Friday, June 12th. KeyCorp reissued a “sector weight” rating on shares of RH in a report on Friday, June 12th. UBS Group lowered their price target on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of RH in a research report on Friday, July 24th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $174.29.

Read Our Latest Analysis on RH

Key RH News

Here are the key news stories impacting RH this week:

  • Positive Sentiment: Wells Fargo forecast strong price appreciation for RH, providing a potentially supportive analyst signal and helping reinforce the recovery from the stock’s 52-week low. Wells Fargo forecasts strong price appreciation for RH
  • Neutral Sentiment: RH was recently identified among the market’s most-shorted stocks. High short interest can reflect bearish investor expectations, but it also creates the possibility of short-covering and sharper upward moves if sentiment improves. Short sellers attack RH
  • Negative Sentiment: A recent market update said RH fell while the broader market advanced, indicating near-term relative weakness and continued sensitivity to investor concerns about the luxury-home-furnishings retailer. RH stock slides as market rises

RH Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding RH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RH (NYSE:RHFree Report).

Institutional Ownership by Quarter for RH (NYSE:RH)

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