Russell Investments Group Ltd. Has $626,000 Stock Holdings in Arhaus, Inc. $ARHS

Russell Investments Group Ltd. raised its stake in Arhaus, Inc. (NASDAQ:ARHS) by 11.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,957 shares of the company’s stock after purchasing an additional 7,607 shares during the quarter. Russell Investments Group Ltd. owned approximately 0.05% of Arhaus worth $626,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in shares of Arhaus by 1,532.9% in the 4th quarter. Bank of America Corp DE now owns 2,497,915 shares of the company’s stock valued at $23,480,000 after buying an additional 2,672,239 shares during the last quarter. Barclays PLC increased its holdings in Arhaus by 108.6% during the fourth quarter. Barclays PLC now owns 110,447 shares of the company’s stock worth $1,038,000 after buying an additional 1,391,342 shares during the last quarter. CenterBook Partners LP raised its position 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. Jane Street Group LLC lifted its stake in Arhaus by 808.3% in the fourth quarter. Jane Street Group LLC now owns 899,693 shares of the company’s stock valued at $8,457,000 after acquiring an additional 1,026,710 shares during the last quarter. Finally, Millennium Management LLC bought a new position in shares of Arhaus in the 4th quarter valued at about $3,563,000. Institutional investors and hedge funds own 27.88% of the company’s stock.

Arhaus Trading Down 0.2%

Shares of NASDAQ:ARHS opened at $11.73 on Friday. Arhaus, Inc. has a 12-month low of $6.61 and a 12-month high of $13.97. The business has a 50 day moving average of $10.06 and a 200-day moving average of $9.31. The company has a quick ratio of 0.61, a current ratio of 1.33 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.65 billion, a PE ratio of 23.46, a P/E/G ratio of 6.68 and a beta of 2.56.

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

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Cowen reaffirmed a “buy” rating on shares of Arhaus in a report on Friday, August 8th. Telsey Advisory Group reissued a “market perform” rating and set a $10.00 price target on shares of Arhaus in a research report on Monday, August 4th. Raymond James Financial assumed coverage on Arhaus in a research report on Monday, June 9th. They issued a “market perform” rating for the company. Morgan Stanley lifted their target price on Arhaus from $10.00 to $12.50 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Finally, Piper Sandler restated a “neutral” rating and issued a $11.00 price target (up previously from $9.00) on shares of Arhaus in a research note on Friday, August 8th. Four analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Arhaus presently has a consensus rating of “Hold” and a consensus price target of $10.83.

About Arhaus

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.