Y Intercept Hong Kong Ltd Takes Position in Arhaus, Inc. $ARHS

Y Intercept Hong Kong Ltd purchased a new stake in shares of Arhaus, Inc. (NASDAQ:ARHS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 225,355 shares of the company’s stock, valued at approximately $2,396,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ARHS. GAMMA Investing LLC grew its stake in shares of Arhaus by 185.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock worth $27,000 after buying an additional 2,045 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in Arhaus during the third quarter worth $28,000. Tower Research Capital LLC TRC raised its position in Arhaus by 224.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,391 shares of the company’s stock worth $64,000 after purchasing an additional 5,116 shares during the period. Canada Pension Plan Investment Board increased its stake in Arhaus by 28.9% in the second quarter. Canada Pension Plan Investment Board now owns 12,500 shares of the company’s stock worth $108,000 after purchasing an additional 2,800 shares during the period. Finally, KLP Kapitalforvaltning AS increased its position in shares of Arhaus by 80.8% during the second quarter. KLP Kapitalforvaltning AS now owns 13,200 shares of the company’s stock worth $114,000 after acquiring an additional 5,900 shares during the period. 27.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on ARHS. Morgan Stanley increased their target price on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Zacks Research cut shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $12.00 target price on shares of Arhaus in a report on Thursday, November 6th. Three research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $11.19.

Arhaus Stock Down 0.5%

ARHS stock traded down $0.05 during trading on Wednesday, reaching $10.39. The stock had a trading volume of 27,673 shares, compared to its average volume of 1,100,586. The firm has a fifty day moving average price of $10.79 and a 200 day moving average price of $10.58. Arhaus, Inc. has a 1-year low of $6.61 and a 1-year high of $13.02. The company has a market capitalization of $1.47 billion, a P/E ratio of 19.97, a PEG ratio of 5.32 and a beta of 2.51. The company has a current ratio of 1.34, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.08 by $0.01. The business had revenue of $344.57 million during the quarter, compared to analyst estimates of $338.26 million. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The company’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.07 EPS. On average, equities analysts anticipate that Arhaus, Inc. will post 0.46 earnings per share for the current year.

Arhaus Company Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.