Cetera Investment Advisers Boosts Stock Position in RH $RH

Cetera Investment Advisers raised its holdings in RH (NYSE:RH) by 118.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,309 shares of the company’s stock after buying an additional 4,509 shares during the quarter. Cetera Investment Advisers’ holdings in RH were worth $1,570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in RH in the second quarter worth $26,000. AlphaQuest LLC bought a new position in RH during the 1st quarter valued at about $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 worth $29,000 after purchasing an additional 61 shares during the last quarter. UMB Bank n.a. grew its holdings in shares of RH by 53.8% in the second quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after acquiring an additional 63 shares during the period. Finally, Solstein Capital LLC bought a new stake in shares of RH during the 2nd quarter valued at about $38,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on RH shares. Guggenheim restated a “buy” rating and issued a $300.00 price target on shares of RH in a research report on Friday, September 12th. Wells Fargo & Company increased their price target on RH from $275.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. Citigroup boosted their target price on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a report on Wednesday, September 3rd. Cowen restated a “buy” rating on shares of RH in a report on Friday, September 12th. Finally, Zacks Research lowered shares of RH from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 16th. Ten equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, RH currently has an average rating of “Hold” and an average target price of $259.69.

Insiders Place Their Bets

In other news, Director Mark S. Demilio sold 2,000 shares of the business’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 27.00% of the company’s stock.

RH Trading Up 2.1%

RH opened at $160.87 on Tuesday. The firm has a market cap of $3.02 billion, a price-to-earnings ratio of 29.96, a PEG ratio of 0.75 and a beta of 2.09. The stock has a fifty day moving average price of $176.05 and a 200-day moving average price of $196.36. RH has a 12 month low of $123.03 and a 12 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 (EPS) for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). The firm had revenue of $899.15 million during the quarter, compared to analysts’ expectations of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts forecast that RH will post 4.39 EPS 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.