Sally Beauty Holdings, Inc. $SBH Shares Bought by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp grew its holdings in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 158.1% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 146,344 shares of the specialty retailer’s stock after purchasing an additional 89,634 shares during the quarter. Texas Permanent School Fund Corp owned approximately 0.15% of Sally Beauty worth $1,355,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SBH. LSV Asset Management increased its stake in Sally Beauty by 1.3% in the second quarter. LSV Asset Management now owns 3,125,321 shares of the specialty retailer’s stock valued at $28,940,000 after purchasing an additional 40,189 shares during the last quarter. Geode Capital Management LLC grew its holdings in Sally Beauty by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 2,555,955 shares of the specialty retailer’s stock valued at $23,671,000 after buying an additional 34,328 shares during the period. Ranmore Fund Management Ltd increased its stake in shares of Sally Beauty by 54.6% during the 2nd quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock valued at $20,335,000 after acquiring an additional 776,020 shares during the last quarter. Lightrock Netherlands B.V. lifted its holdings in shares of Sally Beauty by 31.4% during the 2nd quarter. Lightrock Netherlands B.V. now owns 1,943,202 shares of the specialty retailer’s stock worth $17,994,000 after acquiring an additional 463,895 shares during the period. Finally, Invenomic Capital Management LP boosted its position in shares of Sally Beauty by 160.3% in the first quarter. Invenomic Capital Management LP now owns 1,889,310 shares of the specialty retailer’s stock worth $17,060,000 after acquiring an additional 1,163,619 shares during the last quarter.

Sally Beauty Stock Down 1.9%

Shares of NYSE SBH opened at $15.05 on Wednesday. The stock has a fifty day moving average price of $15.04 and a 200 day moving average price of $13.23. The company has a current ratio of 2.26, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09. Sally Beauty Holdings, Inc. has a 12-month low of $7.54 and a 12-month high of $17.40. The company has a market cap of $1.47 billion, a P/E ratio of 7.96 and a beta of 1.13.

Sally Beauty (NYSE:SBH) last issued its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.06. The company had revenue of $947.08 million during the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. Research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Insider Buying and Selling

In related news, SVP Scott C. Sherman sold 15,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the completion of the sale, the senior vice president directly owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. This trade represents a 20.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CAO Kim Mcintosh sold 5,900 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total transaction of $92,689.00. Following the completion of the transaction, the chief accounting officer owned 21,295 shares in the company, valued at $334,544.45. This represents a 21.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SBH. Zacks Research downgraded shares of Sally Beauty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 21st. Morgan Stanley upped their price objective on Sally Beauty from $10.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, November 14th. TD Cowen increased their target price on Sally Beauty from $13.00 to $16.00 and gave the stock a “buy” rating in a research report on Thursday, September 4th. Jefferies Financial Group boosted their price target on Sally Beauty from $12.80 to $14.50 and gave the company a “hold” rating in a research report on Tuesday, October 28th. Finally, Canaccord Genuity Group raised their price objective on Sally Beauty from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $14.60.

Sally Beauty Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.