Y Intercept Hong Kong Ltd raised its position in RH (NYSE:RH – Free Report) by 209.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,812 shares of the company’s stock after purchasing an additional 3,258 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in RH were worth $793,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also bought and sold shares of RH. M&T Bank Corp raised its stake in RH by 7,340.8% in the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock valued at $29,058,000 after buying an additional 161,278 shares in the last quarter. Evergreen Capital Management LLC lifted its stake in RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock worth $6,165,000 after purchasing an additional 14,247 shares during the last quarter. Norges Bank purchased a new stake in RH during the fourth quarter worth approximately $28,092,000. K.J. Harrison & Partners Inc acquired a new position in RH in the fourth quarter valued at approximately $1,792,000. Finally, Greatmark Investment Partners Inc. boosted its holdings in RH by 20.4% in the fourth quarter. Greatmark Investment Partners Inc. now owns 97,575 shares of the company’s stock valued at $17,481,000 after purchasing an additional 16,560 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on RH shares. Weiss Ratings reissued a “sell (d)” rating on shares of RH in a research report on Friday, July 24th. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and boosted their target price for the company from $86.00 to $155.00 in a report on Wednesday, July 8th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Stifel Nicolaus increased their price objective on RH from $110.00 to $130.00 and gave the company a “hold” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company raised their target price on shares of RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a research report on Tuesday. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $174.29.
RH Price Performance
Shares of NYSE RH opened at $180.00 on Thursday. 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 company has a market cap of $3.40 billion, a PE ratio of 34.75, a P/E/G ratio of 4.28 and a beta of 1.87. The stock has a fifty day moving average price of $166.95 and a 200 day moving average price of $158.05. RH has a 1-year low of $106.30 and a 1-year high of $257.00.
RH (NYSE:RH – Get Free Report) last released its earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping 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 company had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same quarter last year, the business earned $0.13 EPS. The business’s revenue was down 1.7% on a year-over-year basis. Sell-side analysts forecast that RH will post 4.27 EPS for the current year.
Insider Buying and Selling
In other news, 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 sale, the chief executive officer owned 3,282,268 shares of the company’s stock, valued at $556,278,780.64. The trade was a 2.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark S. Demilio sold 3,102 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total value of $446,688.00. Following the completion of the transaction, the director directly owned 25,830 shares of the company’s stock, valued at $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 132,749 shares of company stock valued at $21,856,812 over the last quarter. Company insiders own 26.90% of the company’s stock.
Trending Headlines about RH
Here are the key news stories impacting RH this week:
- Positive Sentiment: Wells Fargo raised its price target for RH to $225 from $175 and reiterated an “overweight” rating, implying substantial upside from recent trading levels. The bullish view provides potential support for the stock and reflects confidence in the company’s longer-term outlook. Wells Fargo raises RH price target
- Neutral Sentiment: A recent Zacks review noted that RH finished the session at $180.25 after weakening relative to the broader market. The report primarily provides trading context and does not identify a new earnings miss, guidance reduction, or material company announcement driving the move. RH stock slides as market rises
- Negative Sentiment: Investor concerns may be tied to RH’s still-mixed operating backdrop. In its latest reported quarter, revenue decreased 1.7% year over year, although sales and adjusted earnings were better than analysts expected. With the stock trading at a relatively elevated valuation and below its 52-week high, investors may be locking in gains or waiting for clearer evidence of renewed revenue growth.
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.
See Also
- Five stocks we like better than RH
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Want to see what other hedge funds are holding RH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RH (NYSE:RH – Free Report).
Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.
