Fieldview Capital Management LLC Lowers Stake in RH $RH

Fieldview Capital Management LLC lessened its stake in shares of RH (NYSE:RH) by 50.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,080 shares of the company’s stock after selling 10,287 shares during the quarter. Fieldview Capital Management LLC owned approximately 0.05% of RH worth $2,048,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Senvest Management LLC lifted its stake in shares of RH by 54.6% during the 2nd quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after purchasing an additional 259,200 shares during the last quarter. Durable Capital Partners LP grew its stake in RH by 125.1% in the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares during the last quarter. Westfield Capital Management Co. LP purchased a new position in RH in the third quarter valued at about $67,632,000. Geode Capital Management LLC raised its holdings in RH by 0.7% in the second quarter. Geode Capital Management LLC now owns 265,762 shares of the company’s stock worth $50,240,000 after purchasing an additional 1,829 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in RH by 388.7% in the third quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock worth $53,893,000 after purchasing an additional 210,991 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on RH. The Goldman Sachs Group lowered their price target on shares of RH from $195.00 to $144.00 and set a “sell” rating on the stock in a report on Monday, December 15th. Bank of America reduced their price objective on shares of RH from $200.00 to $170.00 and set an “underperform” rating for the company in a research note on Friday, December 12th. Barclays decreased their target price on shares of RH from $385.00 to $283.00 and set an “overweight” rating for the company in a research report on Monday, December 15th. Jefferies Financial Group reaffirmed a “hold” rating on shares of RH in a report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. reduced their price target on RH from $275.00 to $225.00 and set an “overweight” rating on the stock in a research report on Friday, December 19th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $231.19.

Insider Buying and Selling

In related news, Director Mark S. Demilio sold 2,254 shares of RH stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total transaction of $495,880.00. Following the completion of the transaction, the director directly owned 19,962 shares in the company, valued at approximately $4,391,640. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 5,154 shares of company stock worth $1,100,148 over the last quarter. 27.00% of the stock is owned by company insiders.

Key RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Some analysts and commentators frame the stock slump as a potential buying opportunity given RH’s beaten-down share price, modest absolute valuation metrics and a forecasted rebound if housing demand and margins recover. Has The RH (RH) Share Price Slump Created A New Opportunity For Investors?
• Neutral Sentiment: Operational snapshot: revenue grew ~8.9% y/y last reported quarter and came roughly in line with expectations, while analysts model roughly $4.39 EPS for the fiscal year. Technicals show the stock well below its 50-day (~$199) and 200-day (~$191) moving averages, which indicates the market is pricing in continued weakness.
• Negative Sentiment: Macro and policy headwinds — weakening housing activity and tariff risk — are cited as near-term demand and margin pressure for RH, contributing to today’s share decline and investor caution. RH Share Slide Highlights Pressure From Weak Housing And Tariff Risks
• Negative Sentiment: Company-specific financial risk: RH missed quarterly EPS estimates (reported $1.71 vs. $2.13 expected), posted a thin net margin (~3.2%), negative ROE, and has very high reported leverage (debt-to-equity ~944). Those factors raise sensitivity to slower sales and margin compression.

RH Trading Down 0.3%

NYSE RH opened at $141.70 on Tuesday. RH has a 1 year low of $123.03 and a 1 year high of $264.58. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26. The company has a market capitalization of $2.66 billion, a PE ratio of 25.58, a P/E/G ratio of 0.60 and a beta of 2.14. The company has a fifty day moving average of $198.98 and a 200 day moving average of $191.29.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.42). The company had revenue of $883.81 million for the quarter, compared to analyst estimates of $883.65 million. RH had a negative return on equity of 161.72% and a net margin of 3.22%.RH’s revenue for the quarter was up 8.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.48 earnings per share. Research analysts forecast that RH will post 4.39 earnings per share for the current year.

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.