RH $RH Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama decreased its holdings in RH (NYSE:RH) by 15.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,031 shares of the company’s stock after selling 2,846 shares during the quarter. Retirement Systems of Alabama’s holdings in RH were worth $2,641,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its position in shares of RH by 45.0% in the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after acquiring an additional 77 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in RH by 1.6% during the third quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock worth $1,041,000 after purchasing an additional 81 shares during the last quarter. CWM LLC raised its stake in RH by 22.7% during the fourth quarter. CWM LLC now owns 492 shares of the company’s stock worth $88,000 after purchasing an additional 91 shares during the period. US Bancorp DE raised its stake in RH by 30.8% during the third quarter. US Bancorp DE now owns 416 shares of the company’s stock worth $85,000 after purchasing an additional 98 shares during the period. Finally, Oregon Public Employees Retirement Fund boosted its holdings in shares of RH by 3.3% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 3,170 shares of the company’s stock valued at $443,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on RH shares. Bank of America started coverage on shares of RH in a research note on Monday, August 3rd. They set an “underperform” rating and a $156.00 price objective for the company. Wells Fargo & Company lifted their target price on RH from $175.00 to $225.00 and gave the company an “overweight” rating in a report on Tuesday. The Goldman Sachs Group raised RH from a “sell” rating to a “neutral” rating and boosted their price target for the company from $86.00 to $155.00 in a research report on Wednesday, July 8th. Guggenheim restated a “buy” rating and set a $200.00 price target on shares of RH in a research note on Friday, June 12th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of RH in a report on Friday, July 24th. Seven analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $174.29.

RH News Summary

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

Insiders Place Their Bets

In other news, CEO Gary G. Friedman sold 69,069 shares of the stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares in the company, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark S. Demilio sold 3,102 shares of the firm’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $144.00, for a total value of $446,688.00. Following the sale, the director owned 25,830 shares in the company, valued at approximately $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 over the last quarter. 26.90% of the stock is owned by corporate insiders.

RH Stock Performance

Shares of RH stock opened at $179.62 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. The company has a market cap of $3.39 billion, a PE ratio of 34.68, a P/E/G ratio of 4.22 and a beta of 1.87. The company’s fifty day simple moving average is $167.48 and its 200-day simple moving average is $157.70. RH has a 52 week low of $106.30 and a 52 week high of $257.00.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $800.33 million during the quarter, compared to analysts’ expectations of $792.55 million. During the same period in the prior year, the company earned $0.13 EPS. The firm’s revenue was down 1.7% on a year-over-year basis. As a group, equities research analysts anticipate that RH will post 4.27 EPS 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.