UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Lowers Position in RH $RH

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed its position in shares of RH (NYSE:RH) by 31.4% during the second quarter, HoldingsChannel reports. The fund owned 24,345 shares of the company’s stock after selling 11,159 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in RH were worth $4,010,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Twin Lakes Capital Management LLC boosted its holdings in RH by 0.8% in the 2nd quarter. Twin Lakes Capital Management LLC now owns 16,997 shares of the company’s stock valued at $2,800,000 after purchasing an additional 143 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of RH during the 2nd quarter worth approximately $332,000. Formula Growth Ltd. raised its stake in shares of RH by 7.7% during the 2nd quarter. Formula Growth Ltd. now owns 14,000 shares of the company’s stock worth $2,306,000 after buying an additional 1,000 shares in the last quarter. Corient Private Wealth LP lifted its holdings in shares of RH by 57.3% in the 2nd quarter. Corient Private Wealth LP now owns 2,892 shares of the company’s stock valued at $476,000 after buying an additional 1,054 shares during the period. Finally, Man Group plc lifted its holdings in shares of RH by 152.5% in the 2nd quarter. Man Group plc now owns 20,301 shares of the company’s stock valued at $3,344,000 after buying an additional 12,260 shares during the period. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Carlos Alberini bought 11,388 shares of the stock in a transaction on Monday, June 29th. The shares were bought at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Gary Friedman sold 48,238 shares of the stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the completion of the sale, the chief executive officer directly owned 3,226,337 shares in the company, valued at approximately $511,890,628.42. The trade was a 1.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 132,749 shares of company stock worth $21,856,812. 26.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

RH has been the topic of a number of recent analyst reports. Bank of America assumed coverage on RH in a report on Monday, August 3rd. They set an “underperform” rating and a $156.00 price objective on the stock. TD Cowen reissued a “buy” rating on shares of RH in a report on Tuesday, September 1st. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Finally, Wells Fargo & Company upped their price target on shares of RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 11th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, RH currently has a consensus rating of “Hold” and a consensus target price of $173.36.

Key RH News

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Analysts are expecting approximately $914.2 million in revenue and $0.42 in adjusted earnings per share for the quarter. The report represents a major near-term catalyst, with investors focused on sales trends, profitability, and management’s outlook. RH Stock Earnings Preview
• Neutral Sentiment: Prediction-market activity is highlighting RH, along with Adobe and Macy’s, as one of the companies investors are watching closely for a potential earnings beat or miss. Polymarket Earnings Odds
• Negative Sentiment: RH stock has fallen 22.4% this month amid investor concerns that margin pressure could outweigh modest sales growth. The company’s earnings may also be affected by housing-market weakness, sourcing disruptions, and expenses tied to overseas startups. RH Q2 Earnings Expectations

RH Price Performance

Shares of NYSE:RH opened at $139.39 on Thursday. The firm has a market capitalization of $2.63 billion, a price-to-earnings ratio of 26.91, a price-to-earnings-growth ratio of 3.39 and a beta of 1.85. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The business’s 50 day simple moving average is $167.71 and its 200-day simple moving average is $150.72. RH has a 12 month low of $106.30 and a 12 month high of $248.44.

RH (NYSE:RH) last released 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. The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.RH’s quarterly revenue was down 1.7% on a year-over-year basis. During the same period last year, the business posted $0.13 EPS. As a group, equities analysts forecast that RH will post 4.2 earnings per share 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.