RBF Capital LLC Buys New Stake in RH $RH

RBF Capital LLC bought a new position in RH (NYSE:RH) during the 1st quarter, Holdings Channel reports. The fund bought 12,406 shares of the company’s stock, valued at approximately $1,735,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RH. Lodge Hill Capital LLC acquired a new position in RH during the 1st quarter worth $13,283,000. California State Teachers Retirement System grew its position in shares of RH by 23.0% in the first quarter. California State Teachers Retirement System now owns 17,460 shares of the company’s stock valued at $2,441,000 after purchasing an additional 3,262 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of RH by 138.1% in the first quarter. Quantinno Capital Management LP now owns 24,999 shares of the company’s stock valued at $3,495,000 after purchasing an additional 14,500 shares during the last quarter. Union Square Park Capital Management LLC grew its position in shares of RH by 18.2% in the first quarter. Union Square Park Capital Management LLC now owns 65,000 shares of the company’s stock valued at $9,088,000 after purchasing an additional 10,000 shares during the last quarter. Finally, Entropy Technologies LP bought a new position in shares of RH in the first quarter worth about $1,560,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insiders Place Their Bets

In other news, Director Carlos Alberini acquired 11,388 shares of the firm’s stock in a transaction dated 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 acquisition, the director owned 32,190 shares of the company’s stock, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Gary G. Friedman sold 48,238 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $158.66, for a total value of $7,653,441.08. Following the sale, the chief executive officer owned 3,226,337 shares in the company, valued at approximately $511,890,628.42. This represents a 1.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 132,749 shares of company stock worth $21,856,812. 26.90% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts recently weighed in on RH shares. BNP Paribas Exane cut their price objective on RH from $130.00 to $96.00 and set a “strong sell” rating for the company in a research report on Wednesday, April 1st. KeyCorp reaffirmed a “sector weight” rating on shares of RH in a research report on Friday, June 12th. Citigroup lifted their price target on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Wells Fargo & Company upped their price target on RH from $160.00 to $175.00 and gave the stock an “overweight” rating in a report on Friday, June 12th. Finally, Guggenheim reissued a “buy” rating and issued a $200.00 price objective on shares of RH in a research report on Friday, June 12th. Seven equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, RH has an average rating of “Hold” and an average price target of $171.71.

RH Stock Performance

NYSE:RH opened at $177.06 on Thursday. The firm’s 50-day moving average is $159.54 and its 200-day moving average is $161.05. The company has a market cap of $3.35 billion, a price-to-earnings ratio of 34.18, a PEG ratio of 4.08 and a beta of 1.88. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. RH has a 52-week low of $106.30 and a 52-week high of $257.00.

RH (NYSE:RH) last released its earnings results 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 net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same quarter last year, the company earned $0.13 earnings per share. The firm’s revenue was down 1.7% on a year-over-year basis. Equities research analysts anticipate that RH will post 4.27 earnings per share for the current year.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH’s most recent quarterly results modestly exceeded expectations, with revenue of $800.3 million versus an $792.6 million consensus estimate and a loss of $1.97 per share versus an expected loss of $2.12. This offers limited support for the shares, although the results were released in June rather than during the current news window.
• Neutral Sentiment: The report on Capitol Meridian’s investment in RH Aero Systems does not concern Restoration Hardware Holdings and should not be interpreted as news for RH. Capitol Meridian to invest in aviation services firm RH Aero Systems
• Neutral Sentiment: Red Hill Minerals’ royalty and exploration update relates to Red Hill Iron Limited (ASX: RHI), not RH. Red Hill Minerals Lifts Royalty Income and Expands Exploration Portfolio
• Negative Sentiment: RH’s latest reported revenue declined 1.7% year over year, while the company posted a quarterly loss. Those results remain a fundamental overhang, particularly given RH’s premium valuation and elevated leverage, despite the earnings beat.

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.