AXQ Capital LP Boosts Holdings in RH $RH

AXQ Capital LP increased its holdings in shares of RH (NYSE:RH) by 42.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,562 shares of the company’s stock after buying an additional 464 shares during the period. AXQ Capital LP’s holdings in RH were worth $295,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in RH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in shares of RH in the second quarter worth $26,000. AlphaQuest LLC acquired a new stake in shares of RH in the first quarter valued at $29,000. Farther Finance Advisors LLC boosted its holdings in RH by 67.8% in the second quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock valued at $29,000 after purchasing an additional 61 shares during the period. UMB Bank n.a. boosted its holdings in RH by 53.8% in the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock valued at $34,000 after purchasing an additional 63 shares during the period. Finally, Solstein Capital LLC acquired a new position in RH during the 2nd quarter worth $38,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

RH Price Performance

Shares of RH opened at $149.55 on Tuesday. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The stock has a market cap of $2.80 billion, a PE ratio of 27.85, a price-to-earnings-growth ratio of 0.73 and a beta of 2.21. The firm has a fifty day moving average price of $182.84 and a 200 day moving average price of $198.36.

RH (NYSE:RH) last posted its earnings results on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). RH had a negative return on equity of 113.58% and a net margin of 3.20%.The firm had revenue of $899.15 million for the quarter, compared to analyst estimates of $906.58 million. During the same quarter last year, the firm posted $1.69 EPS. The firm’s revenue for the quarter was up 8.4% on a year-over-year basis. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts expect that RH will post 4.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

RH has been the topic of a number of analyst reports. Cowen reaffirmed a “buy” rating on shares of RH in a research report on Friday, September 12th. Stifel Nicolaus lowered their price objective on RH from $390.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Wells Fargo & Company upped their target price on shares of RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. William Blair downgraded shares of RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. Finally, Barclays lowered their price target 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. Ten analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, RH presently has a consensus rating of “Hold” and a consensus target price of $259.69.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $236.13, for a total value of $472,260.00. Following the completion of the sale, the director owned 24,616 shares in the company, valued at approximately $5,812,576.08. The trade was a 7.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 27.00% of the stock is currently owned by company insiders.

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.