RH $RH Shares Sold by Cibc World Market Inc.

Cibc World Market Inc. lowered its position in shares of RH (NYSE:RH) by 78.0% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,434 shares of the company’s stock after selling 12,197 shares during the period. Cibc World Market Inc.’s holdings in RH were worth $566,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Elevation Point Wealth Partners LLC purchased a new position in shares of RH in the second quarter valued at $224,000. Quantbot Technologies LP increased its stake in RH by 409.0% during the 2nd quarter. Quantbot Technologies LP now owns 14,114 shares of the company’s stock worth $2,325,000 after buying an additional 11,341 shares during the period. Evolve Private Wealth LLC purchased a new stake in RH during the 2nd quarter worth $697,000. X Square Capital LLC increased its stake in RH by 4.6% during the 2nd quarter. X Square Capital LLC now owns 8,939 shares of the company’s stock worth $1,472,000 after buying an additional 395 shares during the period. Finally, Landscape Capital Management L.L.C. acquired a new position in RH in the 2nd quarter worth $3,620,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Expansion into a new gallery-and-restaurant location may create additional sales opportunities and reinforces RH’s integrated retail-and-hospitality model. RH to bring furniture gallery and restaurant to The Corners
• Neutral Sentiment: The announcement provides limited details on construction costs, launch timing, store economics, or the project’s contribution to revenue and earnings.

RH Price Performance

Shares of RH stock opened at $149.56 on Friday. The firm has a fifty day moving average of $169.52 and a two-hundred day moving average of $154.45. The firm has a market cap of $2.83 billion, a P/E ratio of 28.87, a P/E/G ratio of 3.44 and a beta of 1.87. RH has a 1-year low of $106.30 and a 1-year high of $257.00. 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 (NYSE:RH) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping the consensus estimate of ($2.12) by $0.15. The business had revenue of $800.33 million for the quarter, compared to analysts’ expectations of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 earnings per share. As a group, research analysts anticipate that RH will post 4.2 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 3,102 shares of the company’s 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 sale, the director directly owned 25,830 shares of the company’s stock, valued at approximately $3,719,520. This represents a 10.72% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Carlos Alberini acquired 11,388 shares of RH stock in a transaction that occurred on Monday, June 29th. The shares were purchased at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the purchase, the director directly owned 32,190 shares of the company’s stock, valued at $5,179,371. The trade was 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 valued at $21,856,812 in the last quarter. Insiders own 26.90% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on RH. Citigroup raised their target price on RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. KeyCorp reiterated a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Robert W. Baird increased their price target on RH from $125.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, June 12th. TD Cowen restated a “buy” rating on shares of RH in a research note on Monday, August 10th. Finally, Zacks Research upgraded RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Seven equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $173.36.

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.