KLP Kapitalforvaltning AS Has $605,000 Stock Holdings in RH $RH

KLP Kapitalforvaltning AS increased its position in RH (NYSE:RH) by 14.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,200 shares of the company’s stock after buying an additional 400 shares during the period. KLP Kapitalforvaltning AS’s holdings in RH were worth $605,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its stake in RH by 146.8% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 3,986 shares of the company’s stock valued at $934,000 after purchasing an additional 2,371 shares during the last quarter. Intech Investment Management LLC boosted its stake in RH by 29.0% during the 1st quarter. Intech Investment Management LLC now owns 9,790 shares of the company’s stock valued at $2,295,000 after purchasing an additional 2,198 shares during the last quarter. SWS Partners boosted its stake in RH by 37.7% during the 2nd quarter. SWS Partners now owns 18,059 shares of the company’s stock valued at $3,413,000 after purchasing an additional 4,947 shares during the last quarter. Trexquant Investment LP acquired a new position in RH during the 1st quarter valued at about $9,575,000. Finally, Nixon Capital LLC boosted its stake in RH by 7.8% during the 1st quarter. Nixon Capital LLC now owns 27,529 shares of the company’s stock valued at $6,453,000 after purchasing an additional 1,999 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at RH

In other news, Director Mark S. Demilio sold 2,000 shares of the company’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the transaction, the director owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 27.00% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on RH shares. Zacks Research downgraded RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 16th. William Blair downgraded RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. TD Cowen lifted their price target on RH from $235.00 to $265.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Guggenheim reiterated a “buy” rating and set a $300.00 price target on shares of RH in a research note on Friday, September 12th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of RH in a research note on Wednesday, October 8th. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $259.29.

RH Stock Performance

RH stock opened at $174.48 on Friday. The stock has a market cap of $3.27 billion, a P/E ratio of 32.49, a PEG ratio of 0.84 and a beta of 2.23. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26. The firm’s fifty day moving average price is $216.22 and its 200-day moving average price is $199.64.

RH (NYSE:RH) last released its quarterly earnings results 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). The firm had revenue of $899.15 million during the quarter, compared to the consensus estimate of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. 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.