Campbell & CO Investment Adviser LLC Acquires 4,342 Shares of RH $RH

Campbell & CO Investment Adviser LLC grew its stake in shares of RH (NYSE:RH) by 181.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 6,729 shares of the company’s stock after acquiring an additional 4,342 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in RH were worth $1,272,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in RH. Vanguard Group Inc. raised its stake in shares of 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 purchasing an additional 7,952 shares during the period. Atreides Management LP grew its holdings 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 buying an additional 193,404 shares in the last quarter. Invesco Ltd. increased its position in shares of RH by 38.2% during the first quarter. Invesco Ltd. now owns 248,449 shares of the company’s stock valued at $58,239,000 after buying an additional 68,629 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of RH by 1.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 190,843 shares of the company’s stock valued at $44,736,000 after buying an additional 3,144 shares during the period. Finally, Victory Capital Management Inc. lifted its holdings in shares of RH by 225.8% in the first quarter. Victory Capital Management Inc. now owns 165,127 shares of the company’s stock worth $38,707,000 after buying an additional 114,443 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

RH has been the subject of a number of recent analyst reports. Telsey Advisory Group lowered shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 price target for the company. in a research report on Friday, September 12th. Guggenheim reissued a “buy” rating and set a $300.00 price objective on shares of RH in a research note on Friday, September 12th. Wells Fargo & Company upped their target price on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of RH in a report on Wednesday, October 8th. Finally, Citigroup boosted their price objective on RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Ten research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, RH currently has an average rating of “Hold” and an average target price of $259.29.

Insider Transactions at RH

In other news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the transaction, the director directly owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 27.00% of the stock is currently owned by insiders.

RH Price Performance

Shares of NYSE RH opened at $161.98 on Wednesday. The stock has a market capitalization of $3.04 billion, a P/E ratio of 30.16, a PEG ratio of 0.75 and a beta of 2.21. RH has a one year low of $123.03 and a one year high of $457.26. The firm’s 50 day simple moving average is $197.60 and its two-hundred day simple moving average is $200.80.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). RH had a negative return on equity of 113.58% and a net margin of 3.20%.The business had revenue of $899.15 million during the quarter, compared to the consensus estimate of $906.58 million. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The company’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, equities analysts expect 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.