Canada Pension Plan Investment Board Invests $14.44 Million in RH $RH

Canada Pension Plan Investment Board acquired a new position in RH (NYSE:RH) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 87,668 shares of the company’s stock, valued at approximately $14,442,000. Canada Pension Plan Investment Board owned about 0.46% of RH as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd purchased a new stake in RH during the third quarter valued at about $30,000. Advisory Services Network LLC purchased a new position in shares of RH in the third quarter worth about $31,000. Wilmington Savings Fund Society FSB increased its stake in shares of RH by 200.0% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after purchasing an additional 116 shares in the last quarter. Modus Advisors LLC bought a new stake in shares of RH in the fourth quarter valued at approximately $34,000. Finally, Geneos Wealth Management Inc. bought a new stake in shares of RH in the first quarter valued at approximately $42,000. 90.17% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

RH has been the subject of several analyst reports. Wells Fargo & Company raised 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. Bank of America started coverage on shares of RH in a report on Monday, August 3rd. They set an “underperform” rating and a $156.00 target price on the stock. TD Cowen restated a “buy” rating on shares of RH in a research report on Monday, August 10th. Citigroup raised their price target on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a report on Monday, June 15th. Finally, Robert W. Baird lifted their price target on RH from $125.00 to $150.00 and gave the company a “neutral” rating in a research report on Friday, June 12th. Seven 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 company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $173.36.

RH Trading Up 3.3%

Shares of RH stock opened at $149.56 on Friday. The company’s 50-day moving average price is $169.52 and its 200-day moving average price is $154.45. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. RH has a 12-month low of $106.30 and a 12-month high of $257.00. The company has a market cap of $2.83 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 3.44 and a beta of 1.87.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating the consensus estimate of ($2.12) by $0.15. The company had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. RH’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.13 earnings per share. On average, equities analysts expect that RH will post 4.2 earnings per share for the current fiscal year.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Expansion into a new gallery-and-restaurant location may create additional sales opportunities and reinforces RH’s integrated retail-and-hospitality model. RH to bring furniture gallery and restaurant to The Corners
• Neutral Sentiment: The announcement provides limited details on construction costs, launch timing, store economics, or the project’s contribution to revenue and earnings.

Insider Buying and Selling at RH

In other news, Director Mark S. Demilio sold 3,102 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the completion of the transaction, the director directly owned 25,830 shares in the company, valued at $3,719,520. The trade was a 10.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Carlos Alberini purchased 11,388 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was purchased at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. This trade represents a 54.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 132,749 shares of company stock valued at $21,856,812 in the last three months. Company insiders own 26.90% of the company’s stock.

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.