RH $RH Stock Holdings Trimmed by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. lessened its holdings in shares of RH (NYSE:RH) by 69.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 2,973 shares of the company’s stock after selling 6,868 shares during the quarter. Lecap Asset Management Ltd.’s holdings in RH were worth $490,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of RH. Harvest Fund Management Co. Ltd acquired a new position in shares of RH during the third quarter valued at $30,000. Wilmington Savings Fund Society FSB lifted its holdings in RH by 200.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares during the period. Advisory Services Network LLC acquired a new stake in RH in the third quarter worth about $31,000. Modus Advisors LLC bought a new position in RH in the 4th quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. bought a new position in RH in the 1st quarter valued at about $42,000. Institutional investors own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on RH. Bank of America started coverage on shares of RH in a research note on Monday, August 3rd. They set an “underperform” rating and a $156.00 target price on the stock. UBS Group reduced their price target on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. KeyCorp reiterated a “sector weight” rating on shares of RH in a report on Friday, June 12th. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, TD Cowen reissued a “buy” rating on shares of RH in a report on Monday. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat.com, RH currently has an average rating of “Hold” and an average target price of $174.29.

Insider Activity

In other RH news, Director Carlos Alberini bought 11,388 shares of the company’s stock in a transaction that occurred on Monday, June 29th. The shares were acquired at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director directly 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 purchase was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Gary G. Friedman sold 69,069 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares in the company, valued at $556,278,780.64. The trade was a 2.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 132,749 shares of company stock worth $21,856,812. Corporate insiders own 26.90% of the company’s stock.

RH News Summary

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo forecast strong price appreciation for RH, providing a potentially supportive analyst signal and helping reinforce the recovery from the stock’s 52-week low. Wells Fargo forecasts strong price appreciation for RH
• Neutral Sentiment: RH was recently identified among the market’s most-shorted stocks. High short interest can reflect bearish investor expectations, but it also creates the possibility of short-covering and sharper upward moves if sentiment improves. Short sellers attack RH
• Negative Sentiment: A recent market update said RH fell while the broader market advanced, indicating near-term relative weakness and continued sensitivity to investor concerns about the luxury-home-furnishings retailer. RH stock slides as market rises

RH Trading Up 1.0%

Shares of RH stock opened at $181.40 on Friday. The business has a fifty day simple moving average of $168.18 and a 200-day simple moving average of $157.87. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The firm has a market cap of $3.43 billion, a price-to-earnings ratio of 35.02, a price-to-earnings-growth ratio of 4.20 and a beta of 1.87. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96.

RH (NYSE:RH) last released its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. The firm had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.RH’s revenue was down 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.13 earnings per share. On average, equities analysts forecast that RH will post 4.27 EPS for the current fiscal year.

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.