Allianz Asset Management GmbH Cuts Position in Sally Beauty Holdings, Inc. $SBH

Allianz Asset Management GmbH lowered its position in Sally Beauty Holdings, Inc. (NYSE:SBH) by 8.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 669,766 shares of the specialty retailer’s stock after selling 62,368 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.68% of Sally Beauty worth $10,904,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of Sally Beauty by 150,390.9% in the 1st quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer’s stock valued at $299,000 after purchasing an additional 33,086 shares in the last quarter. AQR Capital Management LLC raised its stake in Sally Beauty by 53.7% in the first quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer’s stock valued at $4,188,000 after buying an additional 166,637 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Sally Beauty by 3.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer’s stock worth $547,000 after buying an additional 2,026 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Sally Beauty by 10.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer’s stock worth $2,934,000 after acquiring an additional 31,040 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Sally Beauty in the 2nd quarter valued at about $344,000.

Insider Activity

In other Sally Beauty news, CAO Kim Mcintosh sold 5,900 shares of the business’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total transaction of $92,689.00. Following the transaction, the chief accounting officer owned 21,295 shares in the company, valued at approximately $334,544.45. The trade was a 21.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, SVP Scott C. Sherman sold 15,000 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $16.27, for a total value of $244,050.00. Following the transaction, the senior vice president directly owned 57,585 shares of the company’s stock, valued at approximately $936,907.95. This trade represents a 20.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.00% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on SBH shares. Morgan Stanley reaffirmed an “underweight” rating and issued a $14.00 price target on shares of Sally Beauty in a report on Thursday, January 15th. Zacks Research cut shares of Sally Beauty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Jefferies Financial Group reiterated a “hold” rating and set a $16.00 price target on shares of Sally Beauty in a research note on Wednesday, January 14th. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 price objective for the company in a research note on Wednesday, January 21st. Finally, TD Cowen boosted their target price on Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $16.08.

Sally Beauty Stock Performance

NYSE SBH opened at $16.23 on Monday. The firm has a market cap of $1.58 billion, a P/E ratio of 8.59 and a beta of 1.16. Sally Beauty Holdings, Inc. has a 52-week low of $7.54 and a 52-week high of $17.92. The business’s 50-day moving average price is $15.42 and its 200 day moving average price is $14.63. The company has a quick ratio of 0.54, a current ratio of 2.26 and a debt-to-equity ratio of 1.09.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The company had revenue of $947.08 million during the quarter, compared to analysts’ expectations of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The firm’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same period last year, the firm earned $0.50 EPS. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. On average, equities research analysts expect that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current year.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.