RH $RH Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its stake in shares of RH (NYSE:RH) by 3.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,808 shares of the company’s stock after selling 500 shares during the period. New York State Teachers Retirement System owned 0.08% of RH worth $2,988,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Vanguard Personalized Indexing Management LLC raised its position in shares of RH by 103.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,426 shares of the company’s stock worth $459,000 after purchasing an additional 1,234 shares during the last quarter. Udine Wealth Management Inc. acquired a new position in shares of RH during the 2nd quarter worth approximately $2,449,000. Blair William & Co. IL raised its position in shares of RH by 4.4% during the 2nd quarter. Blair William & Co. IL now owns 20,216 shares of the company’s stock worth $3,821,000 after purchasing an additional 853 shares during the last quarter. Game Plan Financial Advisors LLC raised its position in shares of RH by 3.5% during the 2nd quarter. Game Plan Financial Advisors LLC now owns 8,385 shares of the company’s stock worth $1,585,000 after purchasing an additional 285 shares during the last quarter. Finally, Narwhal Capital Management raised its position in shares of RH by 33.7% during the 2nd quarter. Narwhal Capital Management now owns 18,979 shares of the company’s stock worth $3,587,000 after purchasing an additional 4,781 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

RH Price Performance

Shares of RH stock opened at $185.55 on Wednesday. RH has a 12 month low of $123.03 and a 12 month high of $457.26. The firm has a market capitalization of $3.48 billion, a P/E ratio of 34.55, a P/E/G ratio of 0.85 and a beta of 2.23. The company’s fifty day moving average price is $214.49 and its two-hundred day moving average price is $199.78.

RH (NYSE:RH) last issued its earnings results on Thursday, September 11th. The company reported $2.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that RH will post 4.39 EPS for the current year.

Insider Buying and Selling at RH

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

Wall Street Analysts Forecast Growth

RH has been the subject of several research reports. Wells Fargo & Company lifted their price objective on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. Zelman & Associates lowered their target price on shares of RH from $305.00 to $251.00 and set an “outperform” rating for the company in a research note on Wednesday, July 9th. Telsey Advisory Group cut shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 target price for the company. in a research note on Friday, September 12th. William Blair cut shares of RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. Finally, TD Cowen lifted their target price on shares of RH from $235.00 to $265.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, RH has a consensus rating of “Hold” and an average price target of $259.29.

About RH

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.