Northwestern Mutual Wealth Management Co. Lowers Position in RH $RH

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of RH (NYSE:RH) by 44.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 317 shares of the company’s stock after selling 254 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in RH were worth $74,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. AlphaQuest LLC acquired a new position in shares of RH during the first quarter worth $29,000. Sunbelt Securities Inc. lifted its position in shares of RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company’s stock worth $31,000 after purchasing an additional 69 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after purchasing an additional 111 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of RH during the first quarter worth $45,000. Finally, Golden State Wealth Management LLC lifted its position in shares of RH by 100.6% during the first quarter. Golden State Wealth Management LLC now owns 347 shares of the company’s stock worth $81,000 after purchasing an additional 174 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

RH Stock Performance

Shares of NYSE:RH opened at $250.98 on Friday. The stock has a market capitalization of $4.70 billion, a price-to-earnings ratio of 59.76, a price-to-earnings-growth ratio of 0.73 and a beta of 2.15. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The company’s fifty day moving average is $215.53 and its two-hundred day moving average is $212.35.

RH (NYSE:RH) last announced its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.20. The firm had revenue of $813.95 million during the quarter, compared to analyst estimates of $817.66 million. RH had a net margin of 2.57% and a negative return on equity of 67.71%. RH’s revenue was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.40) EPS. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts expect that RH will post 4.39 EPS for the current fiscal year.

Analyst Ratings Changes

RH has been the topic of a number of recent research reports. Wall Street Zen raised shares of RH from a “sell” rating to a “hold” rating in a research report on Thursday, May 22nd. Bank of America boosted their target price on shares of RH from $144.00 to $172.00 and gave the stock an “underperform” rating in a research report on Wednesday, May 14th. UBS Group cut their price target on shares of RH from $235.00 to $215.00 and set a “neutral” rating on the stock in a report on Thursday, June 5th. Guggenheim reaffirmed a “buy” rating and issued a $300.00 price target on shares of RH in a report on Wednesday, July 2nd. Finally, Wells Fargo & Company set a $275.00 price target on shares of RH in a report on Friday, June 13th. Ten research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, RH has an average rating of “Hold” and an average target price of $272.29.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.