The Manufacturers Life Insurance Company Raises Stock Position in RH $RH

The Manufacturers Life Insurance Company increased its holdings in shares of RH (NYSE:RH) by 37.4% in the second quarter, Holdings Channel reports. The firm owned 13,834 shares of the company’s stock after acquiring an additional 3,766 shares during the period. The Manufacturers Life Insurance Company’s holdings in RH were worth $2,279,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Harvest Fund Management Co. Ltd acquired a new position in shares of RH during the third quarter worth about $30,000. Wilmington Savings Fund Society FSB grew 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 valued at $31,000 after buying an additional 116 shares in the last quarter. Advisory Services Network LLC acquired a new stake in shares of RH in the third quarter valued at about $31,000. Modus Advisors LLC purchased a new stake in shares of RH during the 4th quarter valued at about $34,000. Finally, Geneos Wealth Management Inc. purchased a new stake in shares of RH during the 1st quarter valued at about $42,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

RH Price Performance

Shares of NYSE RH opened at $147.66 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The company has a market capitalization of $2.79 billion, a price-to-earnings ratio of 28.51, a price-to-earnings-growth ratio of 3.44 and a beta of 1.85. RH has a twelve month low of $106.30 and a twelve month high of $257.00. The business has a 50 day simple moving average of $169.45 and a 200-day simple moving average of $152.92.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.13 EPS. As a group, equities research analysts expect that RH will post 4.2 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have weighed in on RH. Bank of America initiated coverage on RH in a report on Monday, August 3rd. They issued an “underperform” rating and a $156.00 price target for the company. Wells Fargo & Company lifted their price objective on shares of RH from $175.00 to $225.00 and gave the company an “overweight” rating in a research note on Tuesday, August 11th. KeyCorp reissued a “sector weight” rating on shares of RH in a research report on Friday, June 12th. 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, August 17th. Finally, Stifel Nicolaus raised their price target on shares of RH from $110.00 to $130.00 and gave the company a “hold” rating in a report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $173.36.

Insider Buying and Selling at RH

In related news, Director Carlos Alberini bought 11,388 shares of the stock in a transaction dated Monday, June 29th. The stock was bought at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares of the company’s stock, valued at $5,179,371. This trade represents a 54.74% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark S. Demilio sold 3,102 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 132,749 shares of company stock worth $21,856,812 over the last ninety days. Company insiders own 26.90% of the company’s stock.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH recently reported quarterly revenue of $800.3 million, exceeding analysts’ $792.6 million estimate, while its adjusted loss of $1.97 per share was narrower than the expected $2.12 loss. This may provide some support for the stock despite broader concerns about the business. Here’s Why RH Fell More Than the Broader Market
• Neutral Sentiment: The latest coverage noted that RH closed the prior session at $144.48 after declining 3.13% and underperforming the broader market. The supplied report does not identify a major new fundamental catalyst, suggesting today’s recovery may reflect profit-taking or technical buying.
• Negative Sentiment: RH’s latest quarter still showed a year-over-year revenue decline of 1.7% and a net loss, highlighting ongoing demand and profitability pressure. The stock also remains below its 50-day moving average, while its high beta points to elevated volatility.

RH 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.