RH $RH Position Decreased by State of Alaska Department of Revenue

State of Alaska Department of Revenue decreased its holdings in shares of RH (NYSE:RH) by 3.1% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,708 shares of the company’s stock after selling 55 shares during the period. State of Alaska Department of Revenue’s holdings in RH were worth $322,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. Public Employees Retirement System of Ohio boosted its position in shares of RH by 3.0% during the 2nd quarter. Public Employees Retirement System of Ohio now owns 5,041 shares of the company’s stock valued at $953,000 after purchasing an additional 146 shares in the last quarter. GAMMA Investing LLC lifted its stake in RH by 359.4% during the second quarter. GAMMA Investing LLC now owns 859 shares of the company’s stock valued at $162,000 after buying an additional 672 shares in the last quarter. Ridgewood Investments LLC lifted its stake in RH by 19.8% during the second quarter. Ridgewood Investments LLC now owns 303 shares of the company’s stock valued at $57,000 after buying an additional 50 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in RH by 67.8% during the second quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock valued at $29,000 after buying an additional 61 shares in the last quarter. Finally, UMB Bank n.a. lifted its stake in RH by 53.8% during the second 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. Institutional investors own 90.17% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on RH. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of RH in a research note on Wednesday. Wells Fargo & Company upped their price objective on shares of RH from $275.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. Citigroup upped their price objective on shares of RH from $200.00 to $233.00 and gave the company a “neutral” rating in a research note on Wednesday, September 3rd. Robert W. Baird upped their price objective 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. Finally, Barclays reduced their price objective on shares of RH from $436.00 to $385.00 and set an “overweight” rating for the company in a research note on Friday, September 12th. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $259.29.

RH Stock Performance

Shares of RH opened at $185.51 on Friday. The firm has a market cap of $3.48 billion, a PE ratio of 34.55, a PEG ratio of 0.95 and a beta of 2.23. The firm’s 50 day moving average price is $220.45 and its 200 day moving average price is $202.29. RH has a twelve month low of $123.03 and a twelve month high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, September 11th. The company reported $2.93 earnings per share 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 business had revenue of $899.15 million for the quarter, compared to the consensus estimate of $906.58 million. During the same period in the previous year, the business posted $1.69 EPS. RH’s revenue was up 8.4% compared to the same quarter last year. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that RH will post 4.39 earnings per share for the current fiscal year.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the transaction, the director owned 24,616 shares in the company, valued at $5,812,576.08. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 27.00% of the stock is currently owned by company insiders.

RH 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.