Rhumbline Advisers Acquires 2,255 Shares of Arhaus, Inc. $ARHS

Rhumbline Advisers raised its holdings in shares of Arhaus, Inc. (NASDAQ:ARHS) by 3.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,761 shares of the company’s stock after purchasing an additional 2,255 shares during the quarter. Rhumbline Advisers owned 0.05% of Arhaus worth $642,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Ameriprise Financial Inc. grew its stake in Arhaus by 59.9% in the fourth quarter. Ameriprise Financial Inc. now owns 202,953 shares of the company’s stock valued at $1,908,000 after purchasing an additional 76,030 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in Arhaus in the fourth quarter valued at about $58,000. Cetera Investment Advisers purchased a new position in Arhaus in the fourth quarter valued at about $99,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Arhaus by 3.5% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 29,152 shares of the company’s stock valued at $274,000 after purchasing an additional 984 shares during the last quarter. Finally, Millennium Management LLC purchased a new position in Arhaus in the fourth quarter valued at about $3,563,000. 27.88% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on ARHS. Raymond James Financial began coverage on Arhaus in a report on Monday, June 9th. They issued a “market perform” rating for the company. Telsey Advisory Group reissued a “market perform” rating and issued a $10.00 price target on shares of Arhaus in a report on Monday, August 4th. Morgan Stanley raised their price target on Arhaus from $10.00 to $12.50 and gave the stock an “equal weight” rating in a report on Friday, August 8th. Wall Street Zen raised Arhaus from a “sell” rating to a “hold” rating in a report on Saturday, July 12th. Finally, Piper Sandler reissued a “neutral” rating and issued a $11.00 price target (up previously from $9.00) on shares of Arhaus in a report on Friday, August 8th. Four equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $10.92.

Arhaus Stock Down 0.1%

Shares of ARHS opened at $11.05 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 1.33. Arhaus, Inc. has a one year low of $6.61 and a one year high of $13.37. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 22.10, a PEG ratio of 6.30 and a beta of 2.58. The stock has a 50 day moving average price of $10.76 and a 200 day moving average price of $9.33.

Arhaus (NASDAQ:ARHS) last issued its quarterly 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 firm had revenue of $358.44 million during 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 firm’s revenue for the quarter was up 15.6% on a year-over-year basis. During the same period in the previous 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 forecast that Arhaus, Inc. will post 0.46 earnings per share for the current fiscal year.

Arhaus 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.