ArrowMark Colorado Holdings LLC Has $33.43 Million Stock Holdings in Sally Beauty Holdings, Inc. $SBH

ArrowMark Colorado Holdings LLC lowered its position in Sally Beauty Holdings, Inc. (NYSE:SBH) by 36.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,053,395 shares of the specialty retailer’s stock after selling 1,153,869 shares during the period. ArrowMark Colorado Holdings LLC owned 2.08% of Sally Beauty worth $33,429,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SBH. Alliancebernstein L.P. lifted its stake in shares of Sally Beauty by 1.9% in the third quarter. Alliancebernstein L.P. now owns 120,480 shares of the specialty retailer’s stock valued at $1,961,000 after buying an additional 2,200 shares in the last quarter. Creative Planning increased its position in shares of Sally Beauty by 37.3% during the third quarter. Creative Planning now owns 53,307 shares of the specialty retailer’s stock worth $868,000 after acquiring an additional 14,473 shares in the last quarter. Raymond James Financial Inc. increased its position in shares of Sally Beauty by 12,241.2% during the third quarter. Raymond James Financial Inc. now owns 449,468 shares of the specialty retailer’s stock worth $7,317,000 after acquiring an additional 445,826 shares in the last quarter. Man Group plc acquired a new stake in shares of Sally Beauty in the 3rd quarter worth about $202,000. Finally, Horizon Investments LLC acquired a new stake in shares of Sally Beauty in the 3rd quarter worth about $660,000.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on SBH shares. Raymond James Financial upgraded Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a report on Wednesday, January 21st. Morgan Stanley raised their price objective on Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research note on Tuesday, February 10th. Jefferies Financial Group reiterated a “hold” rating and issued a $16.00 target price on shares of Sally Beauty in a research note on Wednesday, January 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a report on Friday, January 9th. Finally, Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Tuesday, March 10th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Sally Beauty has a consensus rating of “Hold” and an average price target of $17.80.

Sally Beauty Stock Performance

Shares of SBH opened at $14.52 on Friday. The stock has a 50 day moving average of $15.64 and a 200 day moving average of $15.25. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 8.25 and a beta of 1.14. Sally Beauty Holdings, Inc. has a 12 month low of $7.54 and a 12 month high of $17.92. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.01. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The business had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. During the same quarter in the previous year, the firm earned $0.43 earnings per share. The business’s revenue was up .6% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. As a group, sell-side analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current year.

Sally Beauty 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.