Farther Finance Advisors LLC Raises Position in RH $RH

Farther Finance Advisors LLC boosted its stake in RH (NYSE:RH) by 67.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 151 shares of the company’s stock after buying an additional 61 shares during the quarter. Farther Finance Advisors LLC’s holdings in RH were worth $29,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AlphaQuest LLC purchased a new position in RH in the 1st quarter valued at about $29,000. UMB Bank n.a. lifted its stake in RH by 53.8% in the 2nd quarter. UMB Bank n.a. now owns 180 shares of the company’s stock valued at $34,000 after buying an additional 63 shares in the last quarter. GAMMA Investing LLC raised its holdings in RH by 146.1% in the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock valued at $44,000 after acquiring an additional 111 shares during the last quarter. Parallel Advisors LLC raised its holdings in RH by 214.9% in the 2nd quarter. Parallel Advisors LLC now owns 233 shares of the company’s stock valued at $44,000 after acquiring an additional 159 shares during the last quarter. Finally, NBC Securities Inc. acquired a new stake in RH in the 1st quarter valued at about $45,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Mark S. Demilio sold 2,000 shares of RH stock in a transaction on Friday, September 19th. The shares were sold at an average price of $236.13, for a total transaction of $472,260.00. Following the sale, the director directly owned 24,616 shares in the company, valued at $5,812,576.08. This trade represents a 7.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 27.00% of the stock is owned by corporate insiders.

RH Trading Up 1.6%

Shares of NYSE RH opened at $199.54 on Thursday. The stock has a market cap of $3.74 billion, a P/E ratio of 37.16, a PEG ratio of 0.93 and a beta of 2.23. RH has a 12-month low of $123.03 and a 12-month high of $457.26. The business’s fifty day simple moving average is $220.85 and its 200-day simple moving average is $202.80.

RH (NYSE:RH) last announced its quarterly earnings data 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). RH had a net margin of 3.20% and a negative return on equity of 113.58%. The company had revenue of $899.15 million during the quarter, compared to analyst estimates of $906.58 million. During the same quarter in the previous year, the business posted $1.69 earnings per share. The firm’s revenue was up 8.4% on a year-over-year basis. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts forecast that RH will post 4.39 EPS for the current fiscal year.

Wall Street Analyst Weigh In

RH has been the subject of a number of recent research reports. Barclays cut their price objective on shares of RH from $436.00 to $385.00 and set an “overweight” rating for the company in a report on Friday, September 12th. Weiss Ratings reiterated a “hold (c-)” rating on shares of RH in a report on Wednesday. Wells Fargo & Company increased their price objective on shares of RH from $275.00 to $295.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Zelman & Associates cut their price objective on shares of RH from $305.00 to $251.00 and set an “outperform” rating for the company in a report on Wednesday, July 9th. Finally, Stifel Nicolaus cut their price objective on shares of RH from $390.00 to $320.00 and set a “buy” rating for the company in a report on Friday, September 12th. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, RH has a consensus rating of “Hold” and an average target price of $259.29.

About RH

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.