Heartland Advisors Inc. Makes New Investment in RH $RH

Heartland Advisors Inc. purchased a new position in shares of RH (NYSE:RH) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 22,500 shares of the company’s stock, valued at approximately $4,571,000. Heartland Advisors Inc. owned approximately 0.12% of RH at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of RH. United Services Automobile Association acquired a new stake in RH in the first quarter valued at $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of RH by 6.2% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock worth $9,053,000 after buying an additional 2,244 shares in the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in RH by 103.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,426 shares of the company’s stock valued at $459,000 after acquiring an additional 1,234 shares during the last quarter. Allianz Asset Management GmbH purchased a new position in RH during the 2nd quarter valued at about $1,712,000. Finally, International Assets Investment Management LLC acquired a new position in RH during the second quarter worth about $865,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

RH has been the topic of several research reports. Stifel Nicolaus reiterated a “hold” rating and issued a $165.00 price target (down from $320.00) on shares of RH in a research report on Friday, December 12th. Zelman & Associates reissued an “outperform” rating on shares of RH in a research report on Thursday, January 29th. Weiss Ratings restated a “sell (d+)” rating on shares of RH in a research report on Wednesday, December 24th. Robert W. Baird dropped their price objective on RH from $235.00 to $180.00 and set a “neutral” rating for the company in a research report on Friday, December 12th. Finally, TD Cowen boosted their target price on shares of RH from $200.00 to $265.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $231.19.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 2,254 shares of the company’s stock in a transaction on Wednesday, January 14th. The shares were sold at an average price of $220.00, for a total transaction of $495,880.00. Following the completion of the sale, the director directly owned 19,962 shares of the company’s stock, valued at approximately $4,391,640. This represents a 10.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 5,154 shares of company stock valued at $1,100,148 over the last 90 days. Company insiders own 27.00% of the company’s stock.

RH Stock Up 1.7%

RH stock opened at $208.64 on Wednesday. The firm has a market cap of $3.92 billion, a PE ratio of 37.66, a PEG ratio of 0.86 and a beta of 2.12. RH has a 1 year low of $123.03 and a 1 year high of $389.20. The company has a fifty day simple moving average of $198.51 and a 200 day simple moving average of $196.23. The company has a current ratio of 1.19, a quick ratio of 0.26 and a debt-to-equity ratio of 944.39.

RH (NYSE:RH) last announced its quarterly earnings results on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). The company had revenue of $883.81 million during the quarter, compared to analyst estimates of $883.65 million. RH had a negative return on equity of 161.72% and a net margin of 3.22%.RH’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the prior year, the firm earned $2.48 EPS. Sell-side analysts anticipate that RH will post 4.39 EPS for the current fiscal year.

RH Profile

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.