Polaris Capital Management LLC Reduces Stock Position in Sally Beauty Holdings, Inc. $SBH

Polaris Capital Management LLC lessened its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH) by 2.7% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 2,060,029 shares of the specialty retailer’s stock after selling 56,900 shares during the period. Sally Beauty makes up approximately 2.2% of Polaris Capital Management LLC’s holdings, making the stock its 19th biggest holding. Polaris Capital Management LLC’s holdings in Sally Beauty were worth $33,537,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Arrowstreet Capital Limited Partnership boosted its stake in shares of Sally Beauty by 2,768.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after purchasing an additional 1,177,626 shares during the period. Ranmore Fund Management Ltd lifted its holdings in Sally Beauty by 54.6% during the 2nd quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock valued at $20,335,000 after buying an additional 776,020 shares in the last quarter. Access Investment Management LLC purchased a new stake in Sally Beauty in the 2nd quarter valued at about $5,207,000. CSM Advisors LLC bought a new position in Sally Beauty in the 2nd quarter worth about $4,347,000. Finally, Lightrock Netherlands B.V. increased its position in shares of Sally Beauty by 31.4% during the second quarter. Lightrock Netherlands B.V. now owns 1,943,202 shares of the specialty retailer’s stock worth $17,994,000 after acquiring an additional 463,895 shares during the period.

Insider Transactions at Sally Beauty

In other Sally Beauty news, SVP Scott C. Sherman sold 15,000 shares of the firm’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the sale, the senior vice president directly owned 57,585 shares in the company, valued at $936,907.95. This trade represents a 20.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Kim Mcintosh sold 5,900 shares of Sally Beauty stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total transaction of $92,689.00. Following the completion of the transaction, the chief accounting officer directly owned 21,295 shares in the company, valued at $334,544.45. This represents a 21.70% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 2.00% of the stock is currently owned by company insiders.

Sally Beauty Trading Down 0.2%

Shares of NYSE:SBH opened at $15.72 on Tuesday. The company has a current ratio of 2.26, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $1.53 billion, a PE ratio of 8.32 and a beta of 1.12. Sally Beauty Holdings, Inc. has a 12-month low of $7.54 and a 12-month high of $17.40. The business’s fifty day simple moving average is $15.03 and its 200-day simple moving average is $13.83.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings data on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The company had revenue of $947.08 million for the quarter, compared to the consensus estimate of $932.88 million. During the same quarter last year, the company earned $0.50 earnings per share. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. As a group, equities research analysts predict that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Canaccord Genuity Group lifted their target price on Sally Beauty from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Jefferies Financial Group upped their target price on Sally Beauty from $12.80 to $14.50 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Zacks Research lowered Sally Beauty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 21st. Finally, Morgan Stanley lifted their price objective on Sally Beauty from $10.00 to $13.00 and gave the company an “underweight” rating in a report on Friday, November 14th. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Sally Beauty presently has an average rating of “Hold” and an average price target of $14.60.

About Sally Beauty

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.