Heartland Advisors Inc. Makes New $4.57 Million Investment in RH $RH

Heartland Advisors Inc. acquired a new stake in shares of RH (NYSE:RH) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 22,500 shares of the company’s stock, valued at approximately $4,571,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quinn Opportunity Partners LLC bought a new stake in RH in the second quarter valued at about $378,000. Norges Bank bought a new stake in shares of RH in the 2nd quarter valued at approximately $29,083,000. Senvest Management LLC raised its holdings in shares of RH by 54.6% in the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after buying an additional 259,200 shares in the last quarter. Greatmark Investment Partners Inc. lifted its position in shares of RH by 8.6% during the 3rd quarter. Greatmark Investment Partners Inc. now owns 81,015 shares of the company’s stock worth $16,459,000 after buying an additional 6,412 shares during the period. Finally, Twin Lakes Capital Management LLC acquired a new stake in RH in the 2nd quarter valued at $3,213,000. 90.17% of the stock is owned by institutional investors.

RH Stock Up 1.7%

Shares of RH stock opened at $208.64 on Wednesday. The firm has a market cap of $3.92 billion, a PE ratio of 37.66, a P/E/G ratio of 0.86 and a beta of 2.12. The business’s 50 day simple moving average is $198.51 and its 200 day simple moving average is $196.23. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. RH has a 52-week low of $123.03 and a 52-week high of $389.20.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). RH had a net margin of 3.22% and a negative return on equity of 161.72%. The business had revenue of $883.81 million during the quarter, compared to analyst estimates of $883.65 million. During the same quarter last year, the business earned $2.48 earnings per share. RH’s revenue for the quarter was up 8.9% on a year-over-year basis. On average, analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on RH. KeyCorp reissued a “sector weight” rating on shares of RH in a report on Friday, December 12th. Jefferies Financial Group reiterated a “hold” rating on shares of RH in a research report on Tuesday, January 27th. Zelman & Associates reissued an “outperform” rating on shares of RH in a research note on Thursday, January 29th. Barclays dropped their price objective on RH from $385.00 to $283.00 and set an “overweight” rating for the company in a report on Monday, December 15th. Finally, Morgan Stanley raised their price target on RH from $250.00 to $275.00 and gave the stock an “overweight” rating in a research report on Thursday, January 15th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, RH currently has an average rating of “Hold” and a consensus target price of $231.19.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 2,254 shares of the stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total transaction of $495,880.00. Following the completion of the transaction, the director directly owned 19,962 shares in the company, valued at $4,391,640. This represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 5,154 shares of company stock worth $1,100,148. Corporate insiders own 27.00% of the company’s stock.

About RH

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.