Hodges Capital Management Inc. Has $10.20 Million Stock Position in RH $RH

Hodges Capital Management Inc. boosted its holdings in RH (NYSE:RH) by 220.8% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 53,974 shares of the company’s stock after acquiring an additional 37,148 shares during the quarter. Hodges Capital Management Inc.’s holdings in RH were worth $10,202,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RH. Vanguard Group Inc. raised its stake in RH by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,409,962 shares of the company’s stock worth $330,509,000 after acquiring an additional 7,952 shares in the last quarter. Atreides Management LP grew its holdings in shares of 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 purchasing an additional 193,404 shares during the last quarter. Invesco Ltd. increased its position in RH by 38.2% during the 1st quarter. Invesco Ltd. now owns 248,449 shares of the company’s stock worth $58,239,000 after purchasing an additional 68,629 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake in RH by 1.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 190,843 shares of the company’s stock valued at $44,736,000 after purchasing an additional 3,144 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its stake in RH by 225.8% in the 1st quarter. Victory Capital Management Inc. now owns 165,127 shares of the company’s stock valued at $38,707,000 after purchasing an additional 114,443 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Trading Up 2.6%

Shares of RH opened at $162.12 on Monday. The stock’s 50-day moving average price is $200.14 and its two-hundred day moving average price is $201.16. RH has a 12 month low of $123.03 and a 12 month high of $457.26. The company has a market capitalization of $3.04 billion, a PE ratio of 30.19, a PEG ratio of 0.77 and a beta of 2.21.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate 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 company’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that RH will post 4.39 EPS for the current fiscal year.

Insiders Place Their Bets

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 24,616 shares in the company, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 27.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the stock. Citigroup upped their price target on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Zacks Research lowered RH from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 16th. Guggenheim reaffirmed a “buy” rating and issued a $300.00 target price on shares of RH in a report on Friday, September 12th. Barclays cut their price target on RH from $436.00 to $385.00 and set an “overweight” rating on the stock in a research note on Friday, September 12th. Finally, William Blair cut RH from an “outperform” rating to a “market perform” rating in a report on Thursday, October 2nd. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $259.29.

RH Company 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.