Intech Investment Management LLC Raises Stake in RH $RH

Intech Investment Management LLC lifted its stake in RH (NYSE:RH) by 29.0% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 9,790 shares of the company’s stock after buying an additional 2,198 shares during the quarter. Intech Investment Management LLC owned approximately 0.05% of RH worth $2,295,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of RH by 146.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 3,986 shares of the company’s stock worth $934,000 after buying an additional 2,371 shares in the last quarter. Deutsche Bank AG lifted its holdings in shares of RH by 607.9% in the fourth quarter. Deutsche Bank AG now owns 9,464 shares of the company’s stock worth $3,725,000 after buying an additional 8,127 shares in the last quarter. Wellington Management Group LLP lifted its holdings in shares of RH by 14.0% in the fourth quarter. Wellington Management Group LLP now owns 44,880 shares of the company’s stock worth $17,664,000 after buying an additional 5,506 shares in the last quarter. Cetera Investment Advisers lifted its holdings in shares of RH by 81.7% in the fourth quarter. Cetera Investment Advisers now owns 3,856 shares of the company’s stock worth $1,518,000 after buying an additional 1,734 shares in the last quarter. Finally, Trexquant Investment LP purchased a new position in shares of RH in the first quarter worth $9,575,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on RH. Telsey Advisory Group downgraded shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 price target on the stock. in a research note on Friday. Robert W. Baird upped their price target on shares of RH from $215.00 to $230.00 and gave the company a “neutral” rating in a research note on Monday, June 16th. Guggenheim reaffirmed a “buy” rating and set a $300.00 price target on shares of RH in a research note on Friday. Wall Street Zen raised shares of RH from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. Finally, Cowen reaffirmed a “buy” rating on shares of RH in a research note on Friday. Ten equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $259.29.

RH Stock Performance

Shares of RH opened at $223.09 on Tuesday. The stock has a market capitalization of $4.18 billion, a PE ratio of 41.54, a P/E/G ratio of 2.09 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 50-day simple moving average is $218.86 and its 200-day simple moving average is $206.62.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.22 by ($0.29). The business had revenue of $899.15 million for the quarter, compared to analyst estimates of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that RH will post 4.39 earnings per share for the current year.

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.