21,973 Shares in RH $RH Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. purchased a new stake in RH (NYSE:RH) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 21,973 shares of the company’s stock, valued at approximately $3,620,000.

Several other large investors have also recently bought and sold shares of RH. Allworth Financial LP lifted its position in RH by 80.4% during the second quarter. Allworth Financial LP now owns 516 shares of the company’s stock worth $85,000 after acquiring an additional 230 shares during the last quarter. Citizens Financial Group Inc. RI acquired a new position in shares of RH in the second quarter valued at approximately $503,000. B & T Capital Management DBA Alpha Capital Management grew its position in shares of RH by 6.9% in the second quarter. B & T Capital Management DBA Alpha Capital Management now owns 20,163 shares of the company’s stock valued at $3,321,000 after purchasing an additional 1,299 shares during the last quarter. BlackRock Inc. increased its stake in shares of RH by 41.7% during the second quarter. BlackRock Inc. now owns 1,978,271 shares of the company’s stock worth $325,881,000 after purchasing an additional 581,710 shares during the period. Finally, Deutsche Bank AG increased its stake in shares of RH by 526.0% during the second quarter. Deutsche Bank AG now owns 19,019 shares of the company’s stock worth $3,133,000 after purchasing an additional 15,981 shares during the period. 90.17% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

RH has been the subject of several research reports. UBS Group dropped their price target on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Guggenheim reaffirmed a “buy” rating and issued a $200.00 price objective on shares of RH in a report on Friday, June 12th. Bank of America started coverage on RH in a research report on Monday, August 3rd. They set an “underperform” rating and a $156.00 price objective on the stock. Wells Fargo & Company lifted their target price on RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. Finally, JPMorgan Chase & Co. reduced their target price on shares of RH from $225.00 to $212.00 and set an “overweight” rating for the company in a research report on Monday, August 17th. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, RH presently has a consensus rating of “Hold” and a consensus target price of $173.36.

RH Stock Down 2.1%

Shares of RH opened at $153.05 on Friday. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The firm’s 50 day moving average is $169.50 and its 200-day moving average is $156.40. The stock has a market capitalization of $2.89 billion, a PE ratio of 29.55, a P/E/G ratio of 3.72 and a beta of 1.87. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.13 earnings per share. Equities research analysts forecast that RH will post 4.2 EPS for the current year.

Insiders Place Their Bets

In other RH news, Director Mark S. Demilio sold 3,102 shares of RH stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the completion of the transaction, the director directly owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary G. Friedman sold 69,069 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the sale, the chief executive officer owned 3,282,268 shares of the company’s stock, valued at approximately $556,278,780.64. The trade was a 2.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 in the last 90 days. Company insiders own 26.90% of the company’s stock.

RH News Summary

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Analysts’ consensus rating remains “Hold,” suggesting investors may want clearer evidence of a sustained recovery before assigning RH a stronger valuation. RH Receives Consensus Rating of Hold from Analysts
• Positive Sentiment: RH exceeded quarterly earnings expectations, reporting a loss of $1.97 per share versus the $2.12 consensus estimate, while revenue of $800.3 million also topped forecasts.
• Negative Sentiment: The company’s results remained challenging: revenue declined year over year, and RH swung from a $0.13-per-share profit in the comparable quarter to a quarterly loss.

RH 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.