American Century Companies Inc. Has $10.31 Million Stake in Arhaus, Inc. $ARHS

American Century Companies Inc. lifted its position in Arhaus, Inc. (NASDAQ:ARHS) by 17.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,184,953 shares of the company’s stock after purchasing an additional 179,042 shares during the quarter. American Century Companies Inc. owned 0.84% of Arhaus worth $10,309,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Fox Run Management L.L.C. acquired a new position in Arhaus during the first quarter worth $281,000. Russell Investments Group Ltd. raised its stake in Arhaus by 11.8% during the first quarter. Russell Investments Group Ltd. now owns 71,957 shares of the company’s stock worth $626,000 after acquiring an additional 7,607 shares in the last quarter. Nuveen LLC acquired a new position in Arhaus during the first quarter worth $1,174,000. Swiss National Bank raised its stake in Arhaus by 24.9% during the first quarter. Swiss National Bank now owns 98,300 shares of the company’s stock worth $855,000 after acquiring an additional 19,600 shares in the last quarter. Finally, CenterBook Partners LP raised its stake in Arhaus by 145.8% during the first quarter. CenterBook Partners LP now owns 1,891,457 shares of the company’s stock worth $16,456,000 after acquiring an additional 1,122,004 shares in the last quarter. 27.88% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on ARHS shares. Morgan Stanley increased their price objective on Arhaus from $10.00 to $12.50 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Piper Sandler reiterated a “neutral” rating and set a $11.00 price objective (up from $9.00) on shares of Arhaus in a research note on Friday, August 8th. Stifel Nicolaus increased their price objective on Arhaus from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Friday, August 15th. Wall Street Zen upgraded Arhaus from a “sell” rating to a “hold” rating in a research note on Saturday, July 12th. Finally, Telsey Advisory Group reiterated a “market perform” rating and set a $10.00 price objective on shares of Arhaus in a research note on Monday, August 4th. Four equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $10.83.

Arhaus Price Performance

Shares of ARHS stock opened at $11.82 on Wednesday. The stock’s fifty day moving average is $9.87 and its 200-day moving average is $9.33. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 1.33. The stock has a market capitalization of $1.67 billion, a PE ratio of 23.64, a PEG ratio of 6.84 and a beta of 2.56. Arhaus, Inc. has a 52 week low of $6.61 and a 52 week high of $13.97.

Arhaus (NASDAQ:ARHS) last announced its earnings results on Thursday, August 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.15 by $0.10. The company had revenue of $358.44 million for the quarter, compared to analysts’ expectations of $333.39 million. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.The business’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.16 earnings per share. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts expect that Arhaus, Inc. will post 0.46 EPS for the current fiscal year.

Arhaus Company Profile

Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.