Victory Capital Management Inc. Has $60.18 Million Stock Position in Sally Beauty Holdings, Inc. $SBH

Victory Capital Management Inc. reduced its stake in Sally Beauty Holdings, Inc. (NYSE:SBH) by 19.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,696,638 shares of the specialty retailer’s stock after selling 900,342 shares during the quarter. Victory Capital Management Inc. owned 3.74% of Sally Beauty worth $60,181,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Hillsdale Investment Management Inc. grew its stake in shares of Sally Beauty by 52.9% during the 2nd quarter. Hillsdale Investment Management Inc. now owns 482,576 shares of the specialty retailer’s stock worth $4,469,000 after acquiring an additional 166,900 shares in the last quarter. Bryce Point Capital LLC bought a new position in shares of Sally Beauty during the 3rd quarter worth approximately $570,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Sally Beauty by 43.9% during the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 277,926 shares of the specialty retailer’s stock worth $4,525,000 after acquiring an additional 84,763 shares during the period. Dynamic Technology Lab Private Ltd acquired a new position in shares of Sally Beauty during the 2nd quarter worth approximately $515,000. Finally, Teacher Retirement System of Texas raised its stake in Sally Beauty by 58.7% in the 3rd quarter. Teacher Retirement System of Texas now owns 578,570 shares of the specialty retailer’s stock valued at $9,419,000 after acquiring an additional 214,066 shares during the period.

Insider Buying and Selling

In related news, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total value of $92,689.00. Following the transaction, the chief accounting officer directly owned 21,295 shares in the company, valued at $334,544.45. This trade represents a 21.70% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 2.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

SBH has been the subject of several research reports. Wall Street Zen downgraded Sally Beauty from a “buy” rating to a “hold” rating in a report on Monday, March 2nd. Morgan Stanley increased their price objective on shares of Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research report on Tuesday, February 10th. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Canaccord Genuity Group lifted their target price on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 price target on shares of Sally Beauty in a research note on Wednesday, January 14th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $17.80.

Sally Beauty Stock Performance

NYSE SBH opened at $14.80 on Friday. The firm’s fifty day moving average price is $15.61 and its two-hundred day moving average price is $15.19. Sally Beauty Holdings, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $17.92. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37. The stock has a market cap of $1.44 billion, a PE ratio of 8.41 and a beta of 1.14.

Sally Beauty (NYSE:SBH) last announced its earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, beating the consensus estimate of $0.47 by $0.01. The business had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The firm’s revenue was up .6% on a year-over-year basis. During the same period in the prior year, the business posted $0.43 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. On average, equities analysts expect that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.