R Squared Ltd Grows Stake in RH $RH

R Squared Ltd boosted its holdings in shares of RH (NYSE:RH) by 46.4% in the 2nd quarter, Holdings Channel reports. The fund owned 1,610 shares of the company’s stock after acquiring an additional 510 shares during the quarter. R Squared Ltd’s holdings in RH were worth $304,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. grew its stake in RH by 0.6% during the 1st quarter. Vanguard Group Inc. now owns 1,409,962 shares of the company’s stock valued at $330,509,000 after acquiring an additional 7,952 shares in the last quarter. Atreides Management LP grew its stake in RH by 69.1% during the 1st quarter. Atreides Management LP now owns 473,321 shares of the company’s stock valued at $110,951,000 after acquiring an additional 193,404 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in RH by 5.1% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 258,331 shares of the company’s stock valued at $61,757,000 after acquiring an additional 12,460 shares in the last quarter. Invesco Ltd. grew its stake in RH by 38.2% during the 1st quarter. Invesco Ltd. now owns 248,449 shares of the company’s stock valued at $58,239,000 after acquiring an additional 68,629 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in RH by 1.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 190,843 shares of the company’s stock valued at $44,736,000 after purchasing an additional 3,144 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on RH shares. Barclays decreased their target price on shares of RH from $436.00 to $385.00 and set an “overweight” rating on the stock in a report on Friday, September 12th. Citigroup boosted their target price on shares of RH from $200.00 to $233.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Weiss Ratings reiterated a “hold (c-)” rating on shares of RH in a report on Saturday. William Blair lowered shares of RH from an “outperform” rating to a “market perform” rating in a report on Thursday, October 2nd. Finally, Cowen reiterated a “buy” rating on shares of RH in a report on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, RH has an average rating of “Hold” and an average target price of $259.29.

Insider Transactions at RH

In other RH news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $236.13, for a total transaction of $472,260.00. Following the sale, the director directly owned 24,616 shares in the company, valued at $5,812,576.08. This represents a 7.51% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 27.00% of the stock is currently owned by company insiders.

RH Stock Performance

Shares of RH stock opened at $181.01 on Friday. The firm’s 50 day moving average price is $210.99 and its 200-day moving average price is $200.34. RH has a one year low of $123.03 and a one year high of $457.26. The firm has a market cap of $3.39 billion, a P/E ratio of 33.71, a P/E/G ratio of 0.86 and a beta of 2.23.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.29). RH had a negative return on equity of 113.58% and a net margin of 3.20%.The company had revenue of $899.15 million during the quarter, compared to analyst estimates of $906.58 million. During the same quarter in the prior year, the company posted $1.69 earnings per share. The business’s revenue was up 8.4% compared to the same quarter last year. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that RH will post 4.39 EPS for the current fiscal year.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.