Northwestern Mutual Wealth Management Co. Raises Stake in RH $RH

Northwestern Mutual Wealth Management Co. increased its stake in RH (NYSE:RH) by 19,186.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 65,187 shares of the company’s stock after buying an additional 64,849 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in RH were worth $11,678,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bluebird Wealth Management LLC purchased a new position in shares of RH in the 4th quarter worth about $494,000. Sequoia Financial Advisors LLC purchased a new position in shares of RH in the 4th quarter worth about $348,000. D.B. Root & Company LLC boosted its holdings in shares of RH by 1.6% in the 4th quarter. D.B. Root & Company LLC now owns 8,756 shares of the company’s stock worth $1,569,000 after buying an additional 138 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new position in shares of RH in the 4th quarter worth about $1,792,000. Finally, SBI Securities Co. Ltd. boosted its holdings in shares of RH by 3,553.3% in the 4th quarter. SBI Securities Co. Ltd. now owns 6,028 shares of the company’s stock worth $1,080,000 after buying an additional 5,863 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at RH

In other news, insider Eri Chaya sold 11,000 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $137.92, for a total transaction of $1,517,120.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 25,000 shares of company stock worth $3,370,440 over the last ninety days. 26.90% of the stock is currently owned by insiders.

RH Trading Up 4.2%

Shares of RH opened at $138.75 on Friday. The business’s 50-day moving average price is $130.01 and its 200-day moving average price is $163.67. RH has a twelve month low of $106.30 and a twelve month high of $257.00. The stock has a market cap of $2.62 billion, a PE ratio of 21.99, a P/E/G ratio of 2.04 and a beta of 1.89. The company has a quick ratio of 0.31, a current ratio of 1.19 and a debt-to-equity ratio of 51.28.

RH (NYSE:RH) last announced its quarterly earnings results on Tuesday, March 31st. The company reported $1.53 earnings per share for the quarter, missing the consensus estimate of $2.21 by ($0.68). RH had a net margin of 3.63% and a negative return on equity of 567.82%. The company had revenue of $842.62 million for the quarter, compared to the consensus estimate of $873.48 million. During the same quarter in the prior year, the company earned $1.58 earnings per share. The company’s quarterly revenue was up 3.7% on a year-over-year basis. On average, equities analysts forecast that RH will post 6.39 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on RH. Weiss Ratings cut RH from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, April 29th. UBS Group lowered their price objective on RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. BNP Paribas Exane lowered their price objective on RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research note on Wednesday, April 1st. Telsey Advisory Group lowered their price objective on RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a research note on Wednesday, April 1st. Finally, TD Cowen lowered their price objective on RH from $265.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, March 30th. Seven research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $175.13.

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.