Hodges Capital Management Inc. Grows Position in RH $RH

Hodges Capital Management Inc. increased its position in RH (NYSE:RH) by 20.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 64,859 shares of the company’s stock after buying an additional 10,885 shares during the quarter. RH accounts for approximately 1.1% of Hodges Capital Management Inc.’s holdings, making the stock its 27th biggest holding. Hodges Capital Management Inc. owned about 0.35% of RH worth $13,177,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in RH. Quinn Opportunity Partners LLC purchased a new position in RH during the 2nd quarter valued at about $378,000. Norges Bank bought a new stake in shares of RH in the 2nd quarter worth approximately $29,083,000. Senvest Management LLC grew its position in shares of RH by 54.6% in the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after buying an additional 259,200 shares during the last quarter. Greatmark Investment Partners Inc. increased its stake in shares of RH by 8.6% during the third quarter. Greatmark Investment Partners Inc. now owns 81,015 shares of the company’s stock valued at $16,459,000 after buying an additional 6,412 shares during the period. Finally, Twin Lakes Capital Management LLC bought a new position in shares of RH during the second quarter valued at approximately $3,213,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have issued reports on RH. Stifel Nicolaus reissued a “hold” rating and set a $165.00 price objective (down from $320.00) on shares of RH in a research report on Friday, December 12th. Robert W. Baird cut their target price on shares of RH from $235.00 to $180.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. KeyCorp reissued a “sector weight” rating on shares of RH in a research note on Friday, December 12th. Morgan Stanley raised their price objective on shares of RH from $250.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, January 15th. Finally, Bank of America reduced their target price on RH from $200.00 to $170.00 and set an “underperform” rating on the stock in a report on Friday, December 12th. Eight analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $231.19.

RH Trading Up 1.7%

RH stock opened at $208.64 on Wednesday. RH has a 12 month low of $123.03 and a 12 month high of $389.20. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 37.66, a price-to-earnings-growth ratio of 0.86 and a beta of 2.12. The business’s fifty day simple moving average is $198.51 and its two-hundred day simple moving average is $196.23. The company has a current ratio of 1.19, a quick ratio of 0.26 and a debt-to-equity ratio of 944.39.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, December 11th. The company reported $1.71 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.13 by ($0.42). RH had a negative return on equity of 161.72% and a net margin of 3.22%.The company had revenue of $883.81 million during the quarter, compared to analysts’ expectations of $883.65 million. During the same period in the prior year, the firm earned $2.48 EPS. RH’s revenue for the quarter was up 8.9% compared to the same quarter last year. As a group, equities analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 2,254 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total value of $495,880.00. Following the completion of the transaction, the director directly owned 19,962 shares in the company, valued at $4,391,640. The trade was a 10.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 5,154 shares of company stock worth $1,100,148 in the last 90 days. Corporate insiders own 27.00% of the company’s stock.

About RH

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.