State of Wyoming Sells 48,301 Shares of Sally Beauty Holdings, Inc. $SBH

State of Wyoming reduced its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 67.3% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,435 shares of the specialty retailer’s stock after selling 48,301 shares during the quarter. State of Wyoming’s holdings in Sally Beauty were worth $382,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in Sally Beauty by 150,390.9% during the 1st quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer’s stock worth $299,000 after acquiring an additional 33,086 shares in the last quarter. AQR Capital Management LLC raised its holdings in Sally Beauty by 53.7% in the first quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock worth $4,188,000 after purchasing an additional 166,637 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Sally Beauty by 3.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock valued at $547,000 after buying an additional 2,026 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Sally Beauty by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after buying an additional 31,040 shares during the last quarter. Finally, State of Alaska Department of Revenue boosted its stake in Sally Beauty by 6.3% in the second quarter. State of Alaska Department of Revenue now owns 60,040 shares of the specialty retailer’s stock valued at $555,000 after acquiring an additional 3,548 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts recently commented on SBH shares. Raymond James Financial raised Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday, January 21st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Zacks Research cut Sally Beauty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Wall Street Zen upgraded Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $14.00 target price on shares of Sally Beauty in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $16.08.

Sally Beauty Stock Performance

NYSE SBH opened at $16.62 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. The stock’s 50 day simple moving average is $15.42 and its 200-day simple moving average is $14.52. The company has a market cap of $1.62 billion, a PE ratio of 8.79 and a beta of 1.16. Sally Beauty Holdings, Inc. has a 1-year low of $7.54 and a 1-year high of $17.92.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Thursday, November 13th. The specialty retailer reported $0.55 EPS for the quarter, beating the consensus estimate of $0.49 by $0.06. The firm had revenue of $947.08 million during the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The firm’s revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.50 EPS. 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 anticipate that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Insider Activity

In related news, 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 transaction, the chief accounting officer directly owned 21,295 shares in the company, valued at approximately $334,544.45. The trade was a 21.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, SVP Scott C. Sherman sold 15,000 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the sale, the senior vice president directly owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. This represents a 20.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 2.00% of the company’s stock.

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.