Royce & Associates LP Takes Position in RH $RH

by · The Cerbat Gem

Royce & Associates LP purchased a new stake in shares of RH (NYSE:RH – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 46,000 shares of the company’s stock, valued at approximately $8,241,000. Royce & Associates LP owned about 0.24% of RH as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Arizona State Retirement System boosted its holdings in shares of RH by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 4,434 shares of the company’s stock valued at $901,000 after acquiring an additional 62 shares during the last quarter. Huntington National Bank boosted its holdings in shares of RH by 87.8% during the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after acquiring an additional 65 shares during the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of RH by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock valued at $44,000 after acquiring an additional 77 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of RH by 1.6% during the 3rd 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 last quarter. Finally, CWM LLC boosted its holdings in shares of RH by 22.7% during the 4th quarter. CWM LLC now owns 492 shares of the company’s stock valued at $88,000 after acquiring an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling

In other RH news, insider Eri Chaya sold 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders have sold 25,000 shares of company stock worth $3,370,440. 26.90% of the stock is currently owned by company insiders.

RH Price Performance

NYSE RH opened at $149.30 on Friday. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The stock has a market cap of $2.82 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 2.20 and a beta of 1.89. The company’s 50 day moving average is $130.72 and its two-hundred day moving average is $162.85. The company has a current ratio of 1.19, a quick ratio of 0.31 and a debt-to-equity ratio of 51.28.

RH (NYSE:RH – Get Free Report) last released its earnings results on Tuesday, March 31st. The company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.68). RH had a negative return on equity of 567.82% and a net margin of 3.63%.The firm had revenue of $842.62 million for the quarter, compared to the consensus estimate of $873.48 million. During the same quarter in the previous year, the business posted $1.58 EPS. RH’s revenue was up 3.7% on a year-over-year basis. As a group, research analysts anticipate that RH will post 6.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RH. The Goldman Sachs Group dropped their price target on shares of RH from $101.00 to $88.00 and set a “sell” rating on the stock in a report on Tuesday, April 7th. Weiss Ratings cut shares of 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 shares of RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 17th. Wells Fargo & Company lowered their price objective on shares of RH from $180.00 to $160.00 and set an “overweight” rating on the stock in a research note on Thursday, May 14th. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $240.00 price objective on shares of RH in a research note on Monday, May 11th. Seven investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $175.13.

View Our Latest Report on RH

RH Company Profile

(Free Report)

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.

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