Strs Ohio Purchases 5,999 Shares of RH $RH

Strs Ohio boosted its position in RH (NYSE:RH) by 48.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,365 shares of the company’s stock after purchasing an additional 5,999 shares during the quarter. Strs Ohio owned about 0.10% of RH worth $2,568,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. United Services Automobile Association purchased a new position in shares of RH during the 1st quarter valued at $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in RH by 6.2% during the first 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 buying an additional 2,244 shares during the period. Prudential Financial Inc. boosted its stake in RH by 24.4% during the second quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock valued at $301,000 after buying an additional 312 shares during the period. Federated Hermes Inc. grew its position in RH by 30.1% during the second quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock worth $215,000 after buying an additional 263 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in RH by 9.5% during the second quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock worth $3,600,000 after buying an additional 1,650 shares in the last quarter. 90.17% of the stock is owned by institutional investors.

Insider Buying and Selling

In other RH news, Director Carlos Alberini bought 11,388 shares of RH stock in a transaction dated Monday, June 29th. The shares were purchased at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the purchase, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This represents a 54.74% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total value of $446,688.00. Following the transaction, the director 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 SEC filing for this sale provides additional information. 26.90% of the stock is currently owned by company insiders.

RH Trading Down 2.2%

Shares of RH stock traded down $3.64 during mid-day trading on Tuesday, reaching $165.36. The stock had a trading volume of 97,860 shares, compared to its average volume of 1,134,166. The firm has a market capitalization of $3.13 billion, a PE ratio of 31.80, a price-to-earnings-growth ratio of 3.88 and a beta of 1.88. The stock’s 50-day moving average price is $144.16 and its two-hundred day moving average price is $162.41. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. RH has a 52-week low of $106.30 and a 52-week high of $257.00.

RH (NYSE:RH) last posted its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The company had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. During the same period in the prior year, the business posted $0.13 earnings per share. RH’s revenue for the quarter was down 1.7% on a year-over-year basis. Equities analysts expect that RH will post 4.27 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on RH. Barclays lowered their price target on RH from $283.00 to $202.00 and set an “overweight” rating on the stock in a report on Thursday, April 2nd. UBS Group cut their price objective on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a report on Tuesday, June 9th. Stifel Nicolaus upped their price objective on shares of RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research report on Friday, June 12th. The Goldman Sachs Group lowered their target price on shares of RH from $101.00 to $88.00 and set a “sell” rating on the stock in a research note on Tuesday, April 7th. Finally, Morgan Stanley reiterated an “overweight” rating and set a $240.00 target price on shares of RH in a research report on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $172.53.

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.