Denali Advisors LLC Acquires New Stake in Sally Beauty Holdings, Inc. $SBH

Denali Advisors LLC bought a new position in Sally Beauty Holdings, Inc. (NYSE:SBH) in the 4th quarter, Holdings Channel.com reports. The firm bought 58,455 shares of the specialty retailer’s stock, valued at approximately $834,000.

Several other hedge funds and other institutional investors have also made changes to their positions in SBH. Hussman Strategic Advisors Inc. increased its stake in shares of Sally Beauty by 33.3% during the fourth quarter. Hussman Strategic Advisors Inc. now owns 84,000 shares of the specialty retailer’s stock worth $1,198,000 after acquiring an additional 21,000 shares during the period. Jennison Associates LLC acquired a new stake in Sally Beauty in the fourth quarter valued at about $772,000. Pictet Asset Management Holding SA boosted its holdings in Sally Beauty by 53.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 16,722 shares of the specialty retailer’s stock valued at $238,000 after purchasing an additional 5,830 shares in the last quarter. B. Metzler seel. Sohn & Co. AG boosted its holdings in Sally Beauty by 1.7% in the 4th quarter. B. Metzler seel. Sohn & Co. AG now owns 89,257 shares of the specialty retailer’s stock valued at $1,273,000 after purchasing an additional 1,477 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH increased its position in Sally Beauty by 45.4% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 404,212 shares of the specialty retailer’s stock worth $5,771,000 after purchasing an additional 126,286 shares during the period.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SBH. TD Cowen increased their target price on Sally Beauty from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday, January 21st. Jefferies Financial Group reaffirmed a “hold” rating and set a $16.00 price objective on shares of Sally Beauty in a report on Wednesday, January 14th. Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday, January 21st. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Finally, Canaccord Genuity Group upped their price target on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research note on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Sally Beauty has an average rating of “Hold” and an average price target of $17.80.

Sally Beauty Stock Performance

SBH opened at $14.05 on Friday. Sally Beauty Holdings, Inc. has a 1-year low of $8.14 and a 1-year high of $17.92. The stock has a market cap of $1.36 billion, a P/E ratio of 7.98 and a beta of 1.07. The stock’s 50 day simple moving average is $14.36 and its 200 day simple moving average is $14.97. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.37 and a quick ratio of 0.57.

Sally Beauty (NYSE:SBH) last posted its earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.01. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The company had revenue of $943.17 million for the quarter, compared to the consensus estimate of $939.63 million. During the same period in the previous year, the business earned $0.43 earnings per share. Sally Beauty’s quarterly revenue was up .6% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. As a group, equities analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 EPS for the current fiscal year.

Sally Beauty Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.