RH $RH Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its holdings in RH (NYSE:RH) by 15.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,031 shares of the company’s stock after selling 2,846 shares during the quarter. Retirement Systems of Alabama owned 0.08% of RH worth $2,641,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of RH. Cambridge Investment Research Advisors Inc. raised its position in RH by 51.0% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 3,617 shares of the company’s stock worth $596,000 after acquiring an additional 1,222 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in shares of RH by 33.3% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 536 shares of the company’s stock worth $88,000 after purchasing an additional 134 shares in the last quarter. Udine Wealth Management Inc. boosted its position in shares of RH by 25.7% during the 2nd quarter. Udine Wealth Management Inc. now owns 17,974 shares of the company’s stock worth $2,961,000 after purchasing an additional 3,674 shares in the last quarter. Xcel Wealth Management LLC grew its stake in shares of RH by 5.4% during the 2nd quarter. Xcel Wealth Management LLC now owns 157,745 shares of the company’s stock worth $25,985,000 after purchasing an additional 8,152 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of RH by 2.5% in the 2nd quarter. Signaturefd LLC now owns 4,453 shares of the company’s stock valued at $734,000 after purchasing an additional 110 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Insiders Place Their Bets

In other news, Director Mark S. Demilio sold 2,445 shares of RH stock in a transaction dated Friday, July 10th. The shares were sold at an average price of $168.44, for a total transaction of $411,835.80. Following the completion of the sale, the director directly owned 25,680 shares in the company, valued at $4,325,539.20. The trade was a 8.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Carlos Alberini acquired 11,388 shares of the business’s stock in a transaction dated Monday, June 29th. The stock was purchased at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the transaction, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 132,749 shares of company stock valued at $21,856,812 in the last ninety days. Insiders own 26.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently commented on RH shares. Citigroup raised their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. KeyCorp restated a “sector weight” rating on shares of RH in a research report on Friday, June 12th. Wells Fargo & Company increased their target price on shares of RH from $175.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday. UBS Group decreased their price target on RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Finally, The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and upped their price target for the stock from $86.00 to $155.00 in a report on Wednesday, July 8th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $174.29.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

RH Stock Down 0.4%

Shares of NYSE:RH opened at $179.62 on Friday. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The company has a market capitalization of $3.39 billion, a P/E ratio of 34.68, a P/E/G ratio of 4.22 and a beta of 1.87. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The stock’s fifty day simple moving average is $167.48 and its 200-day simple moving average is $157.70.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm 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 posted $0.13 EPS. The firm’s quarterly revenue was down 1.7% compared to the same quarter last year. As a group, equities research analysts forecast that RH will post 4.27 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.