American Century Companies Inc. Grows Stock Holdings in Sally Beauty Holdings, Inc. $SBH

American Century Companies Inc. lifted its stake in Sally Beauty Holdings, Inc. (NYSE:SBH) by 174.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,660,831 shares of the specialty retailer’s stock after purchasing an additional 1,055,669 shares during the quarter. American Century Companies Inc. owned about 1.68% of Sally Beauty worth $27,038,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LSV Asset Management raised its stake in Sally Beauty by 7.5% during the third quarter. LSV Asset Management now owns 3,359,340 shares of the specialty retailer’s stock valued at $54,690,000 after buying an additional 234,019 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Sally Beauty by 1.4% in the second quarter. Geode Capital Management LLC now owns 2,555,955 shares of the specialty retailer’s stock worth $23,671,000 after acquiring an additional 34,328 shares during the last quarter. Ranmore Fund Management Ltd increased its holdings in shares of Sally Beauty by 54.6% during the second quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock valued at $20,335,000 after acquiring an additional 776,020 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Sally Beauty by 21.7% during the second quarter. Invesco Ltd. now owns 1,788,951 shares of the specialty retailer’s stock valued at $16,566,000 after acquiring an additional 319,025 shares in the last quarter. Finally, Bronte Capital Management Pty Ltd. raised its position in shares of Sally Beauty by 14.2% in the 2nd quarter. Bronte Capital Management Pty Ltd. now owns 1,281,935 shares of the specialty retailer’s stock worth $11,871,000 after purchasing an additional 159,869 shares during the last quarter.

Analyst Ratings Changes

SBH has been the topic of a number of analyst reports. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday, January 21st. Wall Street Zen downgraded shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Monday, March 2nd. TD Cowen increased their price target on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. Finally, Morgan Stanley raised their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research report on Tuesday, February 10th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Sally Beauty has a consensus rating of “Hold” and a consensus target price of $17.80.

Insider Transactions at Sally Beauty

In related news, CAO Kim Mcintosh sold 5,900 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $15.71, for a total value of $92,689.00. Following the sale, the chief accounting officer owned 21,295 shares in the company, valued at approximately $334,544.45. This trade represents a 21.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 2.00% of the company’s stock.

Sally Beauty Trading Down 3.0%

Sally Beauty stock opened at $14.80 on Monday. Sally Beauty Holdings, Inc. has a one year low of $7.54 and a one year high of $17.92. The business’s fifty day moving average is $15.61 and its 200 day moving average is $15.22. The stock has a market capitalization of $1.44 billion, a PE ratio of 8.41 and a beta of 1.14. The company has a debt-to-equity ratio of 1.02, a current ratio of 2.37 and a quick ratio of 0.57.

Sally Beauty (NYSE:SBH) last issued its earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $939.63 million. During the same quarter in the previous year, the firm earned $0.43 EPS. Sally Beauty’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. On average, sell-side analysts predict that Sally Beauty Holdings, Inc. will post 1.81 EPS 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.