Acuitas Investments LLC Has $3.97 Million Holdings in Arhaus, Inc. $ARHS

Acuitas Investments LLC cut its position in Arhaus, Inc. (NASDAQ:ARHS) by 22.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 373,593 shares of the company’s stock after selling 110,077 shares during the quarter. Arhaus comprises approximately 2.5% of Acuitas Investments LLC’s holdings, making the stock its 16th biggest position. Acuitas Investments LLC owned approximately 0.26% of Arhaus worth $3,971,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Voya Investment Management LLC lifted its position in Arhaus by 10,207.1% during the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock worth $16,076,000 after acquiring an additional 1,497,694 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in Arhaus in the third quarter valued at approximately $2,396,000. Eisler Capital Management Ltd. bought a new position in Arhaus in the second quarter valued at about $562,000. JPMorgan Chase & Co. grew its stake in shares of Arhaus by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock worth $22,099,000 after buying an additional 97,149 shares during the last quarter. Finally, CenterBook Partners LP grew its position in Arhaus by 207.9% during the 3rd quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock worth $11,229,000 after acquiring an additional 713,324 shares during the last quarter. 27.88% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Stifel Nicolaus set a $12.00 price target on shares of Arhaus in a report on Monday, March 2nd. TD Cowen cut their target price on Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, February 27th. Morgan Stanley boosted their price objective on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Jefferies Financial Group restated a “hold” rating and issued a $9.50 target price on shares of Arhaus in a research note on Thursday, February 26th. Finally, Telsey Advisory Group upped their price target on shares of Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a research note on Thursday, February 26th. Three research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $11.00.

Arhaus Trading Up 1.6%

Arhaus stock opened at $7.45 on Wednesday. Arhaus, Inc. has a 12 month low of $6.61 and a 12 month high of $12.98. The business’s fifty day simple moving average is $9.46 and its two-hundred day simple moving average is $10.20. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of 15.52, a price-to-earnings-growth ratio of 1.52 and a beta of 2.54. The company has a current ratio of 1.37, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The business had revenue of $364.85 million during the quarter, compared to analyst estimates of $351.53 million. During the same period last year, the business earned $0.15 EPS. Arhaus’s revenue was up 5.1% compared to the same quarter last year. As a group, equities analysts predict that Arhaus, Inc. will post 0.46 earnings per share for the current fiscal year.

Arhaus Dividend Announcement

The firm also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, March 18th.

Arhaus Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.