12,342 Shares in RH $RH Purchased by Oak Thistle LLC

Oak Thistle LLC purchased a new stake in shares of RH (NYSE:RH) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 12,342 shares of the company’s stock, valued at approximately $2,033,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp grew its stake in shares of RH by 7,340.8% in the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock worth $29,058,000 after acquiring an additional 161,278 shares during the period. Evergreen Capital Management LLC lifted its position in RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock valued at $6,165,000 after purchasing an additional 14,247 shares during the period. Norges Bank bought a new position in RH during the fourth quarter valued at approximately $28,092,000. K.J. Harrison & Partners Inc purchased a new stake in RH in the fourth quarter worth approximately $1,792,000. Finally, Greatmark Investment Partners Inc. boosted its holdings in RH by 20.4% in the fourth quarter. Greatmark Investment Partners Inc. now owns 97,575 shares of the company’s stock worth $17,481,000 after purchasing an additional 16,560 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. UBS Group decreased their target price on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and raised their price target for the stock from $86.00 to $155.00 in a research note on Wednesday, July 8th. Robert W. Baird lifted their price objective on RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Wells Fargo & Company upped their price objective on RH from $175.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Zacks Research upgraded RH from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. 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 company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $174.29.

Insider Activity

In other news, Director Mark S. Demilio sold 3,102 shares of RH stock in a transaction dated Thursday, June 18th. The stock was 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 approximately $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Carlos Alberini acquired 11,388 shares of RH stock in a transaction on Monday, June 29th. The stock was purchased at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the purchase, the director owned 32,190 shares in the company, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 over the last 90 days. Corporate insiders own 26.90% of the company’s stock.

RH News Summary

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo raised its price target for RH to $225 from $175 and reiterated an “overweight” rating, implying substantial upside from recent trading levels. The bullish view provides potential support for the stock and reflects confidence in the company’s longer-term outlook. Wells Fargo raises RH price target
• Neutral Sentiment: A recent Zacks review noted that RH finished the session at $180.25 after weakening relative to the broader market. The report primarily provides trading context and does not identify a new earnings miss, guidance reduction, or material company announcement driving the move. RH stock slides as market rises
• Negative Sentiment: Investor concerns may be tied to RH’s still-mixed operating backdrop. In its latest reported quarter, revenue decreased 1.7% year over year, although sales and adjusted earnings were better than analysts expected. With the stock trading at a relatively elevated valuation and below its 52-week high, investors may be locking in gains or waiting for clearer evidence of renewed revenue growth.

RH Trading Down 1.6%

Shares of RH stock opened at $180.00 on Thursday. 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 has a market capitalization of $3.40 billion, a PE ratio of 34.75, a PEG ratio of 4.28 and a beta of 1.87. The stock has a fifty day simple moving average of $166.95 and a two-hundred day simple moving average of $158.05.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $792.55 million. During the same period last year, the firm earned $0.13 earnings per share. The business’s quarterly revenue was down 1.7% on a year-over-year basis. On average, analysts predict that RH will post 4.27 EPS for the current fiscal year.

RH 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.