Empowered Funds LLC Acquires New Holdings in Sally Beauty Holdings, Inc. $SBH

Empowered Funds LLC bought a new position in Sally Beauty Holdings, Inc. (NYSE:SBH) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 513,695 shares of the specialty retailer’s stock, valued at approximately $7,264,000.

A number of other large investors have also recently added to or reduced their stakes in the stock. Mariner LLC grew its holdings in Sally Beauty by 6.1% during the fourth quarter. Mariner LLC now owns 15,400 shares of the specialty retailer’s stock valued at $220,000 after purchasing an additional 890 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Sally Beauty by 0.6% during the 4th quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer’s stock worth $2,613,000 after buying an additional 1,081 shares during the period. Versant Capital Management Inc grew its stake in Sally Beauty by 27.2% in the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer’s stock valued at $72,000 after buying an additional 1,089 shares during the last quarter. CWM LLC grew its stake in Sally Beauty by 11.3% in the 4th quarter. CWM LLC now owns 14,693 shares of the specialty retailer’s stock valued at $210,000 after buying an additional 1,490 shares during the last quarter. Finally, Larson Financial Group LLC raised its holdings in Sally Beauty by 392.5% in the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after acquiring an additional 1,519 shares during the period.

Sally Beauty Stock Up 0.4%

Shares of SBH stock opened at $16.62 on Monday. Sally Beauty Holdings, Inc. has a one year low of $11.54 and a one year high of $17.92. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.37 and a quick ratio of 0.57. The stock has a fifty day moving average price of $15.32 and a 200 day moving average price of $14.48. The stock has a market cap of $1.56 billion, a P/E ratio of 8.66 and a beta of 1.03.

Sally Beauty (NYSE:SBH) last announced its quarterly earnings results on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.02. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The firm had revenue of $935.49 million for the quarter, compared to analyst estimates of $938.45 million. During the same quarter in the previous year, the firm posted $0.51 EPS. The business’s revenue for the quarter was up .3% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. Analysts predict that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a research report on Tuesday, August 4th. Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Morgan Stanley cut their price objective on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating for the company in a research report on Tuesday, May 12th. Finally, Weiss Ratings upgraded Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research note on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $17.40.

Insiders Place Their Bets

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the company’s stock in a transaction dated Monday, June 8th. The shares were sold at an average price of $12.70, for a total value of $543,191.70. Following the sale, the chief financial officer owned 138,145 shares of the company’s stock, valued at $1,754,441.50. The trade was a 23.64% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 2.00% of the stock is currently owned by insiders.

Sally Beauty Profile

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.