Lightrock Netherlands B.V. Decreases Position in Sally Beauty Holdings, Inc. $SBH

Lightrock Netherlands B.V. reduced its stake in Sally Beauty Holdings, Inc. (NYSE:SBH) by 36.2% during the third quarter, HoldingsChannel reports. The firm owned 1,239,998 shares of the specialty retailer’s stock after selling 703,204 shares during the period. Sally Beauty comprises about 4.5% of Lightrock Netherlands B.V.’s portfolio, making the stock its 5th biggest holding. Lightrock Netherlands B.V.’s holdings in Sally Beauty were worth $20,187,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Teacher Retirement System of Texas increased its holdings in shares of 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 worth $9,419,000 after buying an additional 214,066 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH grew its position in Sally Beauty by 43.9% in the third 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 in the last quarter. NorthCrest Asset Manangement LLC increased its stake in Sally Beauty by 25.3% in the third quarter. NorthCrest Asset Manangement LLC now owns 26,864 shares of the specialty retailer’s stock valued at $427,000 after acquiring an additional 5,432 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in Sally Beauty during the third quarter valued at about $119,000. Finally, New York State Teachers Retirement System lifted its stake in Sally Beauty by 13.0% during the third quarter. New York State Teachers Retirement System now owns 62,294 shares of the specialty retailer’s stock worth $1,014,000 after purchasing an additional 7,161 shares during the last quarter.

Insider Buying and Selling at Sally Beauty

In other Sally Beauty news, SVP Scott C. Sherman sold 15,000 shares of the firm’s stock in a transaction 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 sale, the senior vice president owned 57,585 shares of the company’s stock, valued at $936,907.95. This trade represents a 20.67% decrease in their position. 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 the business’s stock in a transaction dated Thursday, December 11th. The shares were 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 owned 21,295 shares in the company, valued at $334,544.45. The trade was a 21.70% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 2.00% of the company’s stock.

Sally Beauty Price Performance

Shares of Sally Beauty stock opened at $15.38 on Friday. The company has a debt-to-equity ratio of 1.09, a current ratio of 2.26 and a quick ratio of 0.54. Sally Beauty Holdings, Inc. has a one year low of $7.54 and a one year high of $17.92. The business’s 50 day simple moving average is $15.30 and its two-hundred day simple moving average is $14.17. The stock has a market capitalization of $1.50 billion, a P/E ratio of 8.13 and a beta of 1.12.

Sally Beauty (NYSE:SBH) last issued its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.06. Sally Beauty had a net margin of 5.29% and a return on equity of 27.07%. The firm had revenue of $947.08 million for the quarter, compared to analysts’ expectations of $932.88 million. During the same quarter last year, the business earned $0.50 earnings per share. The business’s revenue was up 1.3% on a year-over-year basis. 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. Analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Raymond James Financial upgraded Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price objective on the stock in a research report on Wednesday. TD Cowen upped their target price on Sally Beauty from $17.00 to $18.00 and gave the stock a “buy” rating in a research note on Wednesday. Weiss Ratings reissued a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Zacks Research lowered shares of Sally Beauty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Finally, Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Three analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $16.08.

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.