Royce & Associates LP Buys New Stake in RH $RH

Royce & Associates LP acquired a new stake in shares of RH (NYSE:RH) in the 4th quarter, Holdings Channel.com reports. The fund acquired 46,000 shares of the company’s stock, valued at approximately $8,241,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Arnhold LLC boosted its holdings in shares of RH by 456.0% during the 4th quarter. Arnhold LLC now owns 11,120 shares of the company’s stock valued at $1,992,000 after purchasing an additional 9,120 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of RH by 110.1% during the 4th quarter. Hantz Financial Services Inc. now owns 458 shares of the company’s stock valued at $82,000 after purchasing an additional 240 shares during the last quarter. Fortis Group Advisors LLC bought a new position in shares of RH during the 4th quarter valued at about $696,000. Leonteq Securities AG bought a new position in shares of RH during the 4th quarter valued at about $182,000. Finally, IFP Advisors Inc boosted its holdings in shares of RH by 124.1% during the 4th quarter. IFP Advisors Inc now owns 3,586 shares of the company’s stock valued at $642,000 after purchasing an additional 1,986 shares during the last quarter. Institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on RH. Weiss Ratings cut shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. BNP Paribas Exane reduced their price target on shares of RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley restated an “overweight” rating and issued a $240.00 price target on shares of RH in a research report on Monday, May 11th. TD Cowen reduced their price target on shares of RH from $265.00 to $200.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Finally, Wall Street Zen cut shares of RH from a “hold” rating to a “sell” rating in a research report on Saturday, April 4th. Seven research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $175.13.

Insider Activity

In other news, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total transaction of $1,517,120.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 25,000 shares of company stock worth $3,370,440 over the last ninety days. 26.90% of the stock is currently owned by insiders.

RH Stock Up 4.0%

NYSE RH opened at $149.30 on Friday. The company has a quick ratio of 0.31, a current ratio of 1.19 and a debt-to-equity ratio of 51.28. The company has a fifty day moving average of $130.72 and a two-hundred day moving average of $162.85. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.20 and a beta of 1.89. RH has a 52 week low of $106.30 and a 52 week high of $257.00.

RH (NYSE:RH) last issued its earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). The company had revenue of $842.62 million for the quarter, compared to analysts’ expectations of $873.48 million. RH had a net margin of 3.63% and a negative return on equity of 567.82%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.58 earnings per share. On average, analysts predict that RH will post 6.39 earnings per share for the current 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.