Night Squared LP Makes New Investment in Sally Beauty Holdings, Inc. $SBH

Night Squared LP purchased a new position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 66,028 shares of the specialty retailer’s stock, valued at approximately $942,000. Night Squared LP owned about 0.07% of Sally Beauty at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SBH. Osaic Holdings Inc. lifted its holdings in Sally Beauty by 1,365.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after buying an additional 2,730 shares during the last quarter. Larson Financial Group LLC lifted its holdings in Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after buying an additional 1,519 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Sally Beauty during the 2nd quarter worth about $34,000. iSAM Funds UK Ltd purchased a new stake in Sally Beauty during the 3rd quarter worth about $35,000. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in Sally Beauty during the 4th quarter worth about $36,000.

Sally Beauty Stock Down 1.7%

SBH opened at $13.39 on Wednesday. The business has a 50 day moving average price of $13.39 and a two-hundred day moving average price of $14.57. The company has a quick ratio of 0.55, a current ratio of 2.34 and a debt-to-equity ratio of 0.98. The company has a market cap of $1.28 billion, a PE ratio of 7.40 and a beta of 1.04. Sally Beauty Holdings, Inc. has a 52 week low of $8.48 and a 52 week high of $17.92.

Sally Beauty (NYSE:SBH) last released its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.03. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The company had revenue of $903.38 million for the quarter, compared to analysts’ expectations of $901.43 million. During the same quarter in the previous year, the firm posted $0.42 EPS. The firm’s quarterly revenue was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. As a group, research analysts anticipate that Sally Beauty Holdings, Inc. will post 2.06 EPS for the current year.

Insider Transactions at Sally Beauty

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

Analyst Ratings Changes

A number of analysts have issued reports on the company. Morgan Stanley decreased their price target on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Weiss Ratings raised Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, June 4th. Wall Street Zen raised Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday. Finally, TD Cowen reduced their target price on Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Three research 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. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.00.

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.