WCM Investment Management LLC Acquires 59,941 Shares of RH $RH

WCM Investment Management LLC increased its holdings in shares of RH (NYSE:RH) by 130.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 105,730 shares of the company’s stock after buying an additional 59,941 shares during the period. WCM Investment Management LLC owned 0.56% of RH worth $20,176,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. AlphaQuest LLC bought a new stake in shares of RH during the first quarter worth approximately $29,000. Farther Finance Advisors LLC raised its stake in shares of RH by 67.8% during the second quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after buying an additional 61 shares during the last quarter. UMB Bank n.a. raised its stake in shares of RH by 53.8% during the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after buying an additional 63 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after buying an additional 111 shares during the last quarter. Finally, Parallel Advisors LLC raised its stake in shares of RH by 214.9% during the second quarter. Parallel Advisors LLC now owns 233 shares of the company’s stock worth $44,000 after buying an additional 159 shares during the last quarter. 90.17% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

RH has been the subject of a number of recent research reports. Barclays dropped their price target on shares of RH from $436.00 to $385.00 and set an “overweight” rating for the company in a research note on Friday, September 12th. Stifel Nicolaus decreased their price objective on shares of RH from $390.00 to $320.00 and set a “buy” rating for the company in a report on Friday, September 12th. Cowen restated a “buy” rating on shares of RH in a report on Friday, September 12th. Citigroup boosted their price objective on shares of RH from $200.00 to $233.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. Finally, TD Cowen boosted their price objective on shares of RH from $235.00 to $265.00 and gave the company a “buy” rating in a report on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $259.29.

Insider Buying and Selling at RH

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

RH Stock Performance

Shares of NYSE RH opened at $176.80 on Thursday. The stock has a market cap of $3.32 billion, a P/E ratio of 32.92, a P/E/G ratio of 0.87 and a beta of 2.23. RH has a 52-week low of $123.03 and a 52-week high of $457.26. The firm has a 50 day moving average price of $217.77 and a 200 day moving average price of $200.49.

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

RH Profile

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.