Pacer Advisors Inc. Makes New Investment in Sally Beauty Holdings, Inc. $SBH

Pacer Advisors Inc. bought a new stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 584,972 shares of the specialty retailer’s stock, valued at approximately $8,102,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of Sally Beauty by 864.1% during the 4th quarter. SG Americas Securities LLC now owns 83,189 shares of the specialty retailer’s stock valued at $1,186,000 after purchasing an additional 74,560 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH lifted its stake in shares of Sally Beauty by 45.4% in 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. LSV Asset Management lifted its stake in shares of Sally Beauty by 12.9% in the 4th quarter. LSV Asset Management now owns 3,793,195 shares of the specialty retailer’s stock worth $54,091,000 after purchasing an additional 433,855 shares during the period. Hsbc Holdings PLC purchased a new position in shares of Sally Beauty in the first quarter worth approximately $2,587,000. Finally, Dimensional Fund Advisors LP grew its position in Sally Beauty by 3.6% during the first quarter. Dimensional Fund Advisors LP now owns 5,871,979 shares of the specialty retailer’s stock valued at $81,323,000 after buying an additional 202,020 shares during the period.

Sally Beauty Price Performance

NYSE:SBH opened at $15.86 on Thursday. The business’s 50-day simple moving average is $14.15 and its two-hundred day simple moving average is $14.40. Sally Beauty Holdings, Inc. has a 52 week low of $11.54 and a 52 week high of $17.92. The stock has a market cap of $1.51 billion, a PE ratio of 8.26 and a beta of 1.03. The company has a quick ratio of 0.55, a current ratio of 2.37 and a debt-to-equity ratio of 0.92.

Sally Beauty (NYSE:SBH) last released its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The firm had revenue of $935.49 million during the quarter, compared to analyst estimates of $938.45 million. During the same quarter in the prior year, the company posted $0.51 earnings per share. The business’s quarterly revenue was up .3% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, analysts forecast that Sally Beauty Holdings, Inc. will post 2.07 EPS for the current fiscal year.

Insiders Place Their Bets

In other Sally Beauty news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $12.70, for a total transaction of $543,191.70. Following the completion of the sale, the chief financial officer directly owned 138,145 shares of the company’s stock, valued at $1,754,441.50. This trade represents a 23.64% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

SBH has been the topic of several recent research reports. Wall Street Zen upgraded shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday, June 13th. TD Cowen boosted their price objective on shares of Sally Beauty from $17.00 to $19.00 and gave the company a “buy” rating in a research report on Tuesday. Morgan Stanley reduced their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. Finally, Weiss Ratings raised Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, July 28th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Sally Beauty currently has an average rating of “Hold” and an average target price of $17.40.

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.