Wolf Hill Capital Management LP Purchases Shares of 50,000 RH $RH

Wolf Hill Capital Management LP acquired a new position in RH (NYSE:RH) during the third quarter, HoldingsChannel reports. The institutional investor acquired 50,000 shares of the company’s stock, valued at approximately $10,158,000. RH makes up about 0.9% of Wolf Hill Capital Management LP’s holdings, making the stock its 25th biggest position.

Other hedge funds have also recently made changes to their positions in the company. Senvest Management LLC raised its holdings in shares of RH by 54.6% during the second quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock valued at $138,713,000 after acquiring an additional 259,200 shares in the last quarter. Durable Capital Partners LP boosted 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 acquiring an additional 359,101 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in RH during the 3rd quarter valued at $67,632,000. Geode Capital Management LLC increased its position in RH by 0.7% during the 2nd quarter. Geode Capital Management LLC now owns 265,762 shares of the company’s stock valued at $50,240,000 after purchasing an additional 1,829 shares during the period. Finally, JPMorgan Chase & Co. raised its holdings in RH by 388.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock worth $53,893,000 after purchasing an additional 210,991 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 2,254 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total value of $495,880.00. Following the completion of the transaction, the director owned 19,962 shares in the company, valued at $4,391,640. The trade was a 10.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last three months, insiders sold 5,154 shares of company stock valued at $1,100,148. 27.00% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Wells Fargo & Company cut their target price on shares of RH from $250.00 to $225.00 and set an “overweight” rating on the stock in a research note on Friday. Bank of America lowered their price objective on shares of RH from $200.00 to $170.00 and set an “underperform” rating for the company in a report on Friday, December 12th. The Goldman Sachs Group reduced their target price on RH from $195.00 to $144.00 and set a “sell” rating on the stock in a report on Monday, December 15th. Jefferies Financial Group reissued a “hold” rating on shares of RH in a research report on Tuesday, January 27th. Finally, Zelman & Associates restated an “outperform” rating on shares of RH in a research note on Thursday, January 29th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, RH presently has a consensus rating of “Hold” and a consensus price target of $226.81.

RH Stock Up 1.0%

Shares of RH traded up $1.32 on Friday, hitting $132.67. 229,585 shares of the stock traded hands, compared to its average volume of 1,068,365. The company has a market capitalization of $2.49 billion, a PE ratio of 23.95, a P/E/G ratio of 0.59 and a beta of 2.14. The company has a debt-to-equity ratio of 944.39, a quick ratio of 0.26 and a current ratio of 1.19. The business has a 50 day simple moving average of $196.48 and a 200 day simple moving average of $189.82. RH has a one year low of $123.03 and a one year high of $264.58.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.42). RH had a net margin of 3.22% and a negative return on equity of 161.72%. The business had revenue of $883.81 million during the quarter, compared to the consensus estimate of $883.65 million. During the same period last year, the company posted $2.48 earnings per share. The business’s revenue was up 8.9% compared to the same quarter last year. As a group, equities analysts forecast that RH will post 4.39 earnings per share for the current fiscal year.

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.