Carlos Alberini Acquires 11,388 Shares of RH (NYSE:RH) Stock

RH (NYSE:RH) Director Carlos Alberini purchased 11,388 shares of RH stock in a transaction dated Monday, June 29th. The stock was bought at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the completion of the purchase, the director directly owned 32,190 shares in the company, valued at approximately $5,179,371. This trade represents a 54.74% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

RH Trading Down 0.3%

Shares of NYSE:RH traded down $0.53 during mid-day trading on Wednesday, reaching $164.20. 599,366 shares of the company were exchanged, compared to its average volume of 1,048,215. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 31.70, a P/E/G ratio of 3.78 and a beta of 1.87. The firm’s 50-day simple moving average is $142.30 and its 200 day simple moving average is $162.32. RH has a 1 year low of $106.30 and a 1 year high of $257.00.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The business had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. During the same quarter last year, the firm posted $0.13 earnings per share. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. Equities research analysts forecast that RH will post 4.27 EPS for the current year.

Hedge Funds Weigh In On RH

A number of institutional investors have recently modified their holdings of RH. Durable Capital Partners LP grew its holdings in RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares during the period. Jacobs Levy Equity Management Inc. grew its position in RH by 1,797.7% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock valued at $44,134,000 after acquiring an additional 233,373 shares during the period. Alliancebernstein L.P. raised its holdings in shares of RH by 66.1% in the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock worth $116,546,000 after purchasing an additional 228,229 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of RH by 388.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after purchasing an additional 210,991 shares in the last quarter. Finally, Alyeska Investment Group L.P. grew its holdings in shares of RH by 200.5% during the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock worth $60,480,000 after purchasing an additional 198,615 shares during the period. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analyst Upgrades and Downgrades

RH has been the subject of several recent analyst reports. Wells Fargo & Company lifted their price objective on shares of RH from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, June 12th. BNP Paribas Exane cut their price target on RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research note on Wednesday, April 1st. KeyCorp reaffirmed a “sector weight” rating on shares of RH in a research report on Friday, June 12th. Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RH in a report on Monday, May 11th. Finally, The Goldman Sachs Group cut their target price on RH from $101.00 to $88.00 and set a “sell” rating on the stock in a research report on Tuesday, April 7th. Seven investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $172.53.

RH Company Profile

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.