AGF Management Ltd. Buys Shares of 61,437 RH $RH

AGF Management Ltd. purchased a new position in RH (NYSE:RH) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 61,437 shares of the company’s stock, valued at approximately $12,482,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Senvest Management LLC grew its position in RH by 54.6% in the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after purchasing an additional 259,200 shares during the period. Durable Capital Partners LP boosted its stake in shares of RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of RH by 0.7% in the second quarter. Geode Capital Management LLC now owns 265,762 shares of the company’s stock worth $50,240,000 after acquiring an additional 1,829 shares during the period. Scopus Asset Management L.P. purchased a new stake in RH during the second quarter valued at $30,457,000. Finally, Norges Bank bought a new position in RH in the second quarter valued at about $29,083,000. 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: Revenue growth: RH reported revenue of $883.8M (up ~8.9% YoY) and revenue essentially matched Street expectations, indicating underlying demand held up. Analysts still model FY EPS of about $4.39, which suggests some confidence in near-term earnings recovery.
• Neutral Sentiment: Brokerage consensus: Several brokerages have a consensus rating of “Hold” on RH, reflecting mixed views among analysts and likely limiting fresh buy-side momentum. RH (NYSE:RH) Receives Consensus Rating of “Hold” from Brokerages
• Negative Sentiment: Significant EPS miss: RH reported $1.71 EPS vs. consensus $2.13 — a sizable beat/miss gap that pressures near-term sentiment and raises questions about margin recovery.
• Negative Sentiment: Weak profitability & leverage: Net margin is low (~3.2%) and return on equity is deeply negative (~-161.7%). Reported debt-to-equity (~944x) is unusually high, highlighting capital structure risk and potential financing concerns.
• Negative Sentiment: Technical / liquidity signals: Today’s volume is below average and the stock sits near/below its 200-day moving average — a setup that can amplify downside if sentiment worsens.

RH Stock Performance

RH opened at $195.47 on Tuesday. The company has a 50 day simple moving average of $188.69 and a two-hundred day simple moving average of $196.60. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26. The firm has a market cap of $3.67 billion, a P/E ratio of 35.28, a PEG ratio of 1.49 and a beta of 2.11. RH has a 1-year low of $123.03 and a 1-year high of $419.50.

RH (NYSE:RH) last released its earnings results on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). The firm had revenue of $883.81 million for the quarter, compared to analysts’ expectations of $883.65 million. RH had a net margin of 3.22% and a negative return on equity of 161.72%. The firm’s quarterly revenue was up 8.9% compared to the same quarter last year. During the same quarter last year, the firm posted $2.48 EPS. Equities analysts forecast that RH will post 4.39 earnings per share for the current fiscal year.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total value of $495,880.00. Following the completion of the transaction, the director owned 19,962 shares of the company’s stock, valued at $4,391,640. This represents a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders sold 5,154 shares of company stock valued at $1,100,148 in the last quarter. 27.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on RH. UBS Group restated a “neutral” rating on shares of RH in a research note on Friday, December 12th. KeyCorp restated a “sector weight” rating on shares of RH in a research report on Friday, December 12th. Zelman & Associates reiterated an “outperform” rating on shares of RH in a research report on Thursday. Zacks Research cut shares of RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, December 30th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $165.00 price objective (down previously from $320.00) on shares of RH in a research report on Friday, December 12th. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, RH presently has a consensus rating of “Hold” and a consensus target price of $231.19.

RH Company 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.