CenterBook Partners LP Buys Shares of 13,080 RH $RH

CenterBook Partners LP bought a new position in RH (NYSE:RH) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 13,080 shares of the company’s stock, valued at approximately $2,657,000. CenterBook Partners LP owned 0.07% of RH at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Quinn Opportunity Partners LLC purchased a new stake in RH in the second quarter valued at about $378,000. Norges Bank acquired a new stake in RH in the second quarter worth about $29,083,000. Senvest Management LLC grew its stake in shares of RH by 54.6% during the second quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after acquiring an additional 259,200 shares during the last quarter. Greatmark Investment Partners Inc. increased its holdings in shares of RH by 8.6% during the third quarter. Greatmark Investment Partners Inc. now owns 81,015 shares of the company’s stock valued at $16,459,000 after acquiring an additional 6,412 shares in the last quarter. Finally, Twin Lakes Capital Management LLC acquired a new position in shares of RH during the second quarter valued at about $3,213,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Analyst Ratings Changes

A number of research firms have issued reports on RH. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of RH in a report on Wednesday, December 24th. KeyCorp restated a “sector weight” rating on shares of RH in a research note on Friday, December 12th. The Goldman Sachs Group lowered their price target on RH from $195.00 to $144.00 and set a “sell” rating for the company in a research report on Monday, December 15th. Barclays reduced their price objective on RH from $385.00 to $283.00 and set an “overweight” rating for the company in a research note on Monday, December 15th. Finally, Telsey Advisory Group reduced their price target on shares of RH from $220.00 to $185.00 and set a “market perform” rating for the company in a research report on Friday, December 12th. Eight analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, RH presently has a consensus rating of “Hold” and an average price target of $231.19.

RH News Summary

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH is continuing its experiential retail push: RH Estates is slated to open this spring in Greenwich, CT — a high‑end storefront/venue that reinforces RH’s strategy to build destination properties and capture affluent demand. RH Estates to open on Greenwich Avenue
• Positive Sentiment: RH is planning a major, experiential store and food hub in downtown Walnut Creek — management’s “destination” format could increase store productivity and local market PR, supporting medium‑term revenue growth if the concept scales. RH Walnut Creek store plan
• Negative Sentiment: Sector headwinds: proposed/ongoing U.S. tariffs on upholstered furniture, kitchen cabinets and similar imports raise input costs for furniture retailers. Even if legal rulings change, higher duties are likely to remain in place for now — a direct margin and price‑pass‑through risk for RH and peers. Small furniture retailers face tariff threat
• Negative Sentiment: Company fundamentals and recent results remain a near‑term drag: RH missed prior quarterly EPS expectations and is operating with high leverage (very high debt‑to‑equity and thin short‑term liquidity metrics). That amplifies sensitivity to weaker demand, higher financing or input costs and can pressure the stock on disappointing prints or macro weakness. Source: company earnings and public filings

RH Price Performance

NYSE:RH opened at $204.65 on Friday. The company has a 50 day moving average price of $200.64 and a 200-day moving average price of $196.40. RH has a 1-year low of $123.03 and a 1-year high of $387.47. The firm has a market cap of $3.84 billion, a price-to-earnings ratio of 36.94, a price-to-earnings-growth ratio of 0.89 and a beta of 2.12. The company has a debt-to-equity ratio of 944.39, a current ratio of 1.19 and a quick ratio of 0.26.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing analysts’ consensus estimates of $2.13 by ($0.42). The firm had revenue of $883.81 million during the quarter, compared to analysts’ expectations of $883.65 million. RH had a net margin of 3.22% and a negative return on equity of 161.72%. The firm’s quarterly revenue was up 8.9% on a year-over-year basis. During the same period in the previous year, the firm posted $2.48 EPS. Equities research analysts forecast that RH will post 4.39 EPS for the current year.

Insider Transactions at RH

In other RH news, Director Mark S. Demilio sold 2,254 shares of the firm’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $220.00, for a total value of $495,880.00. Following the sale, the director directly owned 19,962 shares of the company’s stock, valued at approximately $4,391,640. This trade represents a 10.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders sold a total of 5,154 shares of company stock worth $1,100,148 in the last quarter. Corporate insiders own 27.00% of the company’s stock.

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.