WCM Investment Management LLC Has $12.71 Million Holdings in RH $RH

WCM Investment Management LLC decreased its holdings in RH (NYSE:RH) by 3.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 96,298 shares of the company’s stock after selling 3,849 shares during the quarter. WCM Investment Management LLC owned 0.51% of RH worth $12,713,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in RH. Harvest Fund Management Co. Ltd bought a new stake in shares of RH during the 3rd quarter valued at $30,000. Wilmington Savings Fund Society FSB increased its position in RH by 200.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares in the last quarter. Advisory Services Network LLC bought a new position in shares of RH in the 3rd quarter valued at $31,000. Modus Advisors LLC acquired a new position in RH in the 4th quarter worth about $34,000. Finally, Geneos Wealth Management Inc. acquired a new position in RH in the 1st quarter worth about $42,000. 90.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on RH. The Goldman Sachs Group upgraded shares of RH from a “sell” rating to a “neutral” rating and lifted their target price for the stock from $86.00 to $155.00 in a research report on Wednesday, July 8th. Wells Fargo & Company upped their target price on RH from $160.00 to $175.00 and gave the company an “overweight” rating in a research report on Friday, June 12th. Robert W. Baird increased their target price on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Finally, Barclays reduced their price objective on shares of RH from $283.00 to $202.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $171.71.

RH Stock Performance

Shares of RH stock opened at $184.31 on Tuesday. RH has a 52 week low of $106.30 and a 52 week high of $257.00. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The firm’s 50-day simple moving average is $152.67 and its two-hundred day simple moving average is $162.09. The firm has a market cap of $3.48 billion, a price-to-earnings ratio of 35.58, a P/E/G ratio of 4.31 and a beta of 1.88.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The business 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 company earned $0.13 earnings per share. RH’s revenue was down 1.7% compared to the same quarter last year. As a group, equities analysts forecast that RH will post 4.27 earnings per share for the current year.

Insider Transactions at RH

In related news, Director Mark S. Demilio sold 3,102 shares of the firm’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 sale, the director directly owned 25,830 shares of the company’s stock, valued at $3,719,520. This trade represents a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gary G. Friedman sold 69,069 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the transaction, the chief executive officer directly owned 3,282,268 shares in the company, valued at $556,278,780.64. The trade was a 2.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is currently owned by company insiders.

About RH

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.