100,000 Shares in Arhaus, Inc. $ARHS Purchased by EVR Research LP

EVR Research LP acquired a new position in shares of Arhaus, Inc. (NASDAQ:ARHSFree Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 100,000 shares of the company’s stock, valued at approximately $1,063,000. Arhaus comprises 0.6% of EVR Research LP’s investment portfolio, making the stock its 24th biggest holding. EVR Research LP owned about 0.07% of Arhaus as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new stake in Arhaus in the third quarter valued at about $28,000. Johnson Investment Counsel Inc. bought a new position in Arhaus during the third quarter worth about $49,000. AlphaQuest LLC grew its position in shares of Arhaus by 68.2% during the 3rd quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock worth $50,000 after buying an additional 1,922 shares during the period. Tower Research Capital LLC TRC increased its stake in shares of Arhaus by 224.9% in the 2nd quarter. Tower Research Capital LLC TRC now owns 7,391 shares of the company’s stock valued at $64,000 after acquiring an additional 5,116 shares during the last quarter. Finally, Bryce Point Capital LLC acquired a new stake in shares of Arhaus in the 3rd quarter valued at approximately $107,000. Institutional investors and hedge funds own 27.88% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th. Jefferies Financial Group reiterated a “hold” rating and issued a $9.50 target price on shares of Arhaus in a report on Thursday, February 26th. Stifel Nicolaus set a $12.00 price target on shares of Arhaus in a research report on Monday, March 2nd. Telsey Advisory Group upped their price objective on shares of Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a research report on Thursday, February 26th. Finally, TD Cowen dropped their price objective on Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday, February 27th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $11.00.

Read Our Latest Stock Analysis on Arhaus

Arhaus Stock Performance

Shares of ARHS stock opened at $7.06 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 1.37. Arhaus, Inc. has a 52 week low of $6.61 and a 52 week high of $12.98. The company’s 50 day moving average price is $9.69 and its two-hundred day moving average price is $10.31. The company has a market capitalization of $995.88 million, a P/E ratio of 14.71, a price-to-earnings-growth ratio of 1.50 and a beta of 2.54.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.01. The company had revenue of $364.85 million during the quarter, compared to the consensus estimate of $351.53 million. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The firm’s revenue was up 5.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.15 earnings per share. On average, analysts expect that Arhaus, Inc. will post 0.46 earnings per share for the current fiscal year.

Arhaus Dividend Announcement

The company also recently declared a special dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be paid a $0.35 dividend. The ex-dividend date of this dividend is Wednesday, March 18th.

About Arhaus

(Free Report)

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.

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Institutional Ownership by Quarter for Arhaus (NASDAQ:ARHS)

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