RH $RH Stock Position Increased by Engineers Gate Manager LP

Engineers Gate Manager LP raised its position in shares of RH (NYSE:RH – Free Report) by 63.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,337 shares of the company’s stock after purchasing an additional 7,531 shares during the period. Engineers Gate Manager LP owned 0.10% of RH worth $3,185,000 at the end of the most recent quarter.

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Several other institutional investors and hedge funds have also recently bought and sold shares of RH. United Services Automobile Association bought a new stake in shares of RH during the first quarter valued at approximately $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in RH by 6.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock valued at $9,053,000 after acquiring an additional 2,244 shares during the period. Prudential Financial Inc. raised its stake in RH by 24.4% during the 2nd quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock valued at $301,000 after acquiring an additional 312 shares in the last quarter. Federated Hermes Inc. raised its stake in RH by 30.1% during the 2nd quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock valued at $215,000 after acquiring an additional 263 shares in the last quarter. Finally, California Public Employees Retirement System boosted its position in RH by 9.5% during the 2nd quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock worth $3,600,000 after acquiring an additional 1,650 shares during the period. Institutional investors own 90.17% of the company’s stock.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH reported quarterly EPS of $2.70, well above the roughly $0.38–$0.42 analyst consensus. Revenue rose 2.6% year over year to approximately $922.2 million, broadly near estimates. A tariff refund helped lift profitability, while gross profit increased 8.7% to $444.9 million. RH Stock Rallies After Mixed Q2 Print
• Positive Sentiment: Management is positioning the new RH Estates collection and gallery format as a major long-term growth opportunity, saying it could potentially double the company’s addressable market. RH aims for Estates to represent half of its offering within five years. RH Estates: The Strategy Behind the Vision
• Positive Sentiment: Some analysts remain constructive: JPMorgan maintained an overweight rating with a $190 target, TD Cowen kept a buy rating at $190, and Guggenheim reaffirmed its buy rating with a $200 target. Analyst Forecast Revisions

Analyst Upgrades and Downgrades

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RH has been the subject of several recent analyst reports. KeyCorp reissued a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Wells Fargo & Company reduced their price objective on shares of RH from $225.00 to $175.00 and set an “overweight” rating for the company in a report on Friday. Bank of America reduced their price objective on shares of RH from $156.00 to $114.00 and set an “underperform” rating for the company in a report on Friday. Stifel Nicolaus increased their target price on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Finally, UBS Group set a $190.00 target price on shares of RH in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $165.57.

Get Our Latest Stock Analysis on RH

RH Price Performance

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NYSE:RH opened at $133.91 on Monday. The company has a quick ratio of 0.37, a current ratio of 1.12 and a debt-to-equity ratio of 26.57. The business’s 50-day moving average price is $166.32 and its 200 day moving average price is $149.81. RH has a 52-week low of $106.30 and a 52-week high of $248.44. The firm has a market cap of $2.53 billion, a P/E ratio of 23.83, a PEG ratio of 3.19 and a beta of 1.85.

RH (NYSE:RH – Get Free Report) last issued its quarterly earnings results on Thursday, September 10th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.38 by $2.32. The company had revenue of $922.15 million during the quarter, compared to the consensus estimate of $915.09 million. RH had a net margin of 3.23% and a return on equity of 132.79%. RH’s revenue was up 2.6% on a year-over-year basis. During the same period in the prior year, the company earned $2.93 EPS. As a group, sell-side analysts predict that RH will post 4.2 earnings per share for the current fiscal year.

Insider Activity at RH

In other RH news, Director Carlos Alberini purchased 11,388 shares of the firm’s stock in a transaction 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 transaction, the director owned 32,190 shares in the company, valued at $5,179,371. This represents a 54.74% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark S. Demilio sold 2,445 shares of the company’s stock in a transaction on 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 transaction, the director directly owned 25,680 shares in the company, valued at $4,325,539.20. This represents a 8.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 132,749 shares of company stock valued at $21,856,812 over the last ninety days. Insiders own 26.90% of the company’s stock.

RH Company Profile

(Free Report)

RH, formerly known as Restoration Hardware, is a luxury home-furnishings company that offers products for residential and hospitality interiors. Its collections include furniture, lighting, textiles, rugs, bath and hardware, outdoor furnishings, and decorative accessories across a range of design categories.

The company sells through a network of RH Galleries, outlet locations, source books and its digital platforms. Its galleries are designed as immersive retail spaces that showcase coordinated room settings and related collections.

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