Fisher Asset Management LLC Has $58.72 Million Stake in Sally Beauty Holdings, Inc. $SBH

Fisher Asset Management LLC decreased its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 5.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,117,437 shares of the specialty retailer’s stock after selling 226,336 shares during the period. Fisher Asset Management LLC’s holdings in Sally Beauty were worth $58,715,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Larson Financial Group LLC increased its holdings in shares of Sally Beauty by 392.5% in the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock valued at $31,000 after purchasing an additional 1,519 shares in the last quarter. iSAM Funds UK Ltd acquired a new stake in shares of Sally Beauty in the third quarter valued at approximately $35,000. Osaic Holdings Inc. grew its holdings in Sally Beauty by 1,365.0% during the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after acquiring an additional 2,730 shares during the period. Raymond James Financial Inc. acquired a new stake in Sally Beauty during the 2nd quarter worth $34,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Sally Beauty during the 3rd quarter worth $119,000.

Analysts Set New Price Targets

A number of analysts have commented on the stock. TD Cowen lowered their target price on shares of Sally Beauty from $20.00 to $17.00 and set a “buy” rating for the company in a report on Tuesday, May 12th. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a report on Tuesday, March 10th. Weiss Ratings raised shares of Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 11th. Canaccord Genuity Group lifted their price target on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Finally, Morgan Stanley reduced their price target on shares of Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $17.00.

Sally Beauty Trading Up 0.9%

SBH opened at $12.72 on Wednesday. The stock has a market capitalization of $1.21 billion, a P/E ratio of 7.03 and a beta of 1.07. Sally Beauty Holdings, Inc. has a 12 month low of $8.45 and a 12 month high of $17.92. The firm’s fifty day simple moving average is $13.62 and its 200 day simple moving average is $14.75. The company has a current ratio of 2.34, a quick ratio of 0.55 and a debt-to-equity ratio of 0.98.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Monday, May 11th. The specialty retailer reported $0.44 EPS for the quarter, beating the consensus estimate of $0.41 by $0.03. The business had revenue of $903.38 million for the quarter, compared to analysts’ expectations of $901.43 million. Sally Beauty had a net margin of 4.93% and a return on equity of 24.95%. The firm’s revenue was up 2.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.42 EPS. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. As a group, research analysts anticipate that Sally Beauty Holdings, Inc. will post 2.06 EPS for the current fiscal year.

Sally Beauty 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.