Citizens Financial Group Inc. RI Takes $503,000 Position in RH $RH

Citizens Financial Group Inc. RI bought a new stake in shares of RH (NYSE:RH) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 3,055 shares of the company’s stock, valued at approximately $503,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of RH. Harvest Fund Management Co. Ltd purchased a new position in RH in the 3rd quarter worth approximately $30,000. Wilmington Savings Fund Society FSB grew its position in RH by 200.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after acquiring an additional 116 shares in the last quarter. Advisory Services Network LLC purchased a new stake in shares of RH during the third quarter valued at approximately $31,000. Modus Advisors LLC purchased a new stake in shares of RH during the fourth quarter valued at approximately $34,000. Finally, Geneos Wealth Management Inc. acquired a new position in shares of RH during the first quarter worth $42,000. 90.17% of the stock is owned by institutional investors and hedge funds.

RH Price Performance

Shares of RH stock opened at $169.54 on Thursday. The firm has a market cap of $3.20 billion, a P/E ratio of 32.73, a P/E/G ratio of 4.00 and a beta of 1.87. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. RH has a 1-year low of $106.30 and a 1-year high of $257.00. The firm has a fifty day moving average of $169.57 and a two-hundred day moving average of $156.72.

RH (NYSE:RH) last issued its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. The business had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.13 EPS. As a group, research analysts anticipate that RH will post 4.27 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts have recently weighed in on RH shares. JPMorgan Chase & Co. decreased their target price on shares of RH from $225.00 to $212.00 and set an “overweight” rating for the company in a research note on Monday. UBS Group dropped their price target on shares of RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 9th. Wells Fargo & Company boosted their price objective on shares of RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a report on Tuesday, August 11th. KeyCorp reiterated a “sector weight” rating on shares of RH in a report on Friday, June 12th. Finally, Stifel Nicolaus upped their price objective on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $173.36.

Insider Buying and Selling

In related news, CEO Gary G. Friedman sold 69,069 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the sale, the chief executive officer directly owned 3,282,268 shares of the company’s stock, valued at $556,278,780.64. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total value of $446,688.00. Following the sale, the director owned 25,830 shares in the company, valued at $3,719,520. The trade was a 10.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 132,749 shares of company stock worth $21,856,812. Corporate insiders own 26.90% of the company’s stock.

Key RH News

Here are the key news stories impacting RH this week:

• Negative Sentiment: JPMorgan issued a pessimistic forecast for RH. The bank’s cautious view is likely weighing on the stock, particularly given RH’s elevated valuation and sensitivity to consumer spending and housing-related demand. JPMorgan Chase & Co. Issues Pessimistic Forecast for RH Stock Price
• Negative Sentiment: RH underperformed the broader market in the latest session. The decline reflects continued investor caution after the company’s recent earnings showed revenue down 1.7% year over year, despite the company exceeding quarterly revenue and adjusted EPS expectations. RH Sees a More Significant Dip Than Broader Market

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.