Y Intercept Hong Kong Ltd increased its stake in RH (NYSE:RH – Free Report) by 209.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,812 shares of the company’s stock after purchasing an additional 3,258 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in RH were worth $793,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Farther Finance Advisors LLC boosted its stake in shares of RH by 45.0% in the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after buying an additional 77 shares during the last quarter. Public Employees Retirement System of Ohio lifted its holdings in RH by 1.6% in the third quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock valued at $1,041,000 after acquiring an additional 81 shares during the period. CWM LLC boosted its position in RH by 22.7% in 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 last quarter. US Bancorp DE grew its stake in shares of RH by 30.8% during the 3rd quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after purchasing an additional 98 shares during the period. Finally, Oregon Public Employees Retirement Fund grew its stake in shares of RH by 3.3% during 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 period. 90.17% of the stock is currently owned by hedge funds and other institutional investors.
RH Trading Down 1.6%
RH stock opened at $180.00 on Thursday. The firm has a fifty day moving average price of $166.95 and a 200 day moving average price of $158.05. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The firm has a market cap of $3.40 billion, a PE ratio of 34.75, a price-to-earnings-growth ratio of 4.28 and a beta of 1.87.
Insider Activity
In other RH news, CEO Gary G. Friedman sold 48,238 shares of the business’s stock in a transaction that occurred on Wednesday, July 8th. The stock was sold at an average price of $158.66, for a total transaction of $7,653,441.08. Following the sale, the chief executive officer directly owned 3,226,337 shares of the company’s stock, 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 SEC, which is available through this link. Also, Director Carlos Alberini acquired 11,388 shares of the stock in a transaction dated Monday, June 29th. The stock was bought at an average cost of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the purchase, the director directly owned 32,190 shares in the company, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have sold 132,749 shares of company stock worth $21,856,812. 26.90% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several equities analysts have recently weighed in on RH shares. Zacks Research upgraded shares of RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a report on Friday, July 24th. KeyCorp reiterated a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Morgan Stanley restated an “overweight” rating and issued a $240.00 price objective on shares of RH in a research report on Monday, May 11th. Finally, The Goldman Sachs Group upgraded RH from a “sell” rating to a “neutral” rating and upped their price target for the stock from $86.00 to $155.00 in a research note on Wednesday, July 8th. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $174.29.
RH News Roundup
Here are the key news stories impacting RH this week:
- Positive Sentiment: Wells Fargo raised its price target for RH to $225 from $175 and reiterated an “overweight” rating, implying substantial upside from recent trading levels. The bullish view provides potential support for the stock and reflects confidence in the company’s longer-term outlook. Wells Fargo raises RH price target
- Neutral Sentiment: A recent Zacks review noted that RH finished the session at $180.25 after weakening relative to the broader market. The report primarily provides trading context and does not identify a new earnings miss, guidance reduction, or material company announcement driving the move. RH stock slides as market rises
- Negative Sentiment: Investor concerns may be tied to RH’s still-mixed operating backdrop. In its latest reported quarter, revenue decreased 1.7% year over year, although sales and adjusted earnings were better than analysts expected. With the stock trading at a relatively elevated valuation and below its 52-week high, investors may be locking in gains or waiting for clearer evidence of renewed revenue growth.
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.
Featured Stories
- Five stocks we like better than RH
- GE Vernova’s AI Power Boom Faces a Profit Test
- Cardinal Health Earnings: Can Perfection Get Priced In Twice?
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
Want to see what other hedge funds are holding RH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for RH (NYSE:RH – Free Report).
Receive News & Ratings for RH Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RH and related companies with MarketBeat.com's FREE daily email newsletter.
