Canada Pension Plan Investment Board Invests $14.44 Million in RH $RH

Canada Pension Plan Investment Board acquired a new position in RH (NYSE:RH) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 87,668 shares of the company’s stock, valued at approximately $14,442,000.

A number of other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc lifted its stake in RH by 1.8% during the second quarter. Legal & General Group Plc now owns 20,561 shares of the company’s stock worth $3,387,000 after purchasing an additional 371 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in RH by 37.4% during the second quarter. The Manufacturers Life Insurance Company now owns 13,834 shares of the company’s stock valued at $2,279,000 after buying an additional 3,766 shares during the period. D.B. Root & Company LLC grew its position in RH by 0.9% during the 2nd quarter. D.B. Root & Company LLC now owns 8,413 shares of the company’s stock worth $1,386,000 after acquiring an additional 78 shares during the last quarter. Elevation Point Wealth Partners LLC bought a new position in shares of RH in the second quarter worth approximately $224,000. Finally, Quantbot Technologies LP grew its holdings in RH by 409.0% in the 2nd quarter. Quantbot Technologies LP now owns 14,114 shares of the company’s stock worth $2,325,000 after acquiring an additional 11,341 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

RH Trading Up 3.3%

NYSE:RH opened at $149.56 on Friday. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. The business has a fifty day moving average price of $169.52 and a 200-day moving average price of $154.45. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of 28.87, a price-to-earnings-growth ratio of 3.44 and a beta of 1.87. RH has a one year low of $106.30 and a one year high of $257.00.

RH (NYSE:RH) last posted its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The firm had revenue of $800.33 million for the quarter, compared to analysts’ expectations of $792.55 million. During the same period in the previous year, the firm earned $0.13 EPS. The business’s quarterly revenue was down 1.7% on a year-over-year basis. Sell-side analysts forecast that RH will post 4.2 EPS for the current year.

Analyst Upgrades and Downgrades

RH has been the topic of a number of recent analyst reports. Zacks Research upgraded RH from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 16th. Robert W. Baird upped their price objective on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Weiss Ratings reissued a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Bank of America began coverage on shares of RH in a research report on Monday, August 3rd. They set an “underperform” rating and a $156.00 price target for the company. Finally, Guggenheim reiterated a “buy” rating and issued a $200.00 price objective on shares of RH in a report on Friday, June 12th. Seven investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $173.36.

Insider Buying and Selling at RH

In other news, CEO Gary G. Friedman sold 48,238 shares of the business’s stock in a transaction dated Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total value of $7,653,441.08. Following the transaction, the chief executive officer directly owned 3,226,337 shares in the company, valued at $511,890,628.42. The trade was a 1.47% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Carlos Alberini bought 11,388 shares of the firm’s stock in a transaction that occurred on Monday, June 29th. The shares were acquired at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the purchase, the director directly owned 32,190 shares in the company, valued at $5,179,371. This trade represents a 54.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold a total of 132,749 shares of company stock valued at $21,856,812 over the last ninety days. 26.90% of the stock is currently owned by company insiders.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Expansion into a new gallery-and-restaurant location may create additional sales opportunities and reinforces RH’s integrated retail-and-hospitality model. RH to bring furniture gallery and restaurant to The Corners
• Neutral Sentiment: The announcement provides limited details on construction costs, launch timing, store economics, or the project’s contribution to revenue and earnings.

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.