SG Americas Securities LLC Buys 74,560 Shares of Sally Beauty Holdings, Inc. $SBH

SG Americas Securities LLC boosted its stake in Sally Beauty Holdings, Inc. (NYSE:SBHFree Report) by 864.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 83,189 shares of the specialty retailer’s stock after purchasing an additional 74,560 shares during the period. SG Americas Securities LLC owned approximately 0.09% of Sally Beauty worth $1,186,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Schroder Investment Management Group purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $160,495,000. Wasatch Advisors LP purchased a new position in shares of Sally Beauty during the 3rd quarter valued at $74,842,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Sally Beauty by 2,768.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock valued at $11,299,000 after buying an additional 1,177,626 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Sally Beauty by 174.4% during the 3rd quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock valued at $27,038,000 after buying an additional 1,055,669 shares in the last quarter. Finally, Millennium Management LLC lifted its stake in shares of Sally Beauty by 126.7% during the 3rd quarter. Millennium Management LLC now owns 1,058,358 shares of the specialty retailer’s stock valued at $17,230,000 after buying an additional 591,426 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms recently weighed in on SBH. Canaccord Genuity Group lifted their target price on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a research note on Wednesday, January 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. TD Cowen lifted their target price on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. Finally, Jefferies Financial Group restated a “hold” rating and set a $16.00 target price on shares of Sally Beauty in a research note on Wednesday, January 14th. Three equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $17.80.

Read Our Latest Stock Analysis on SBH

Sally Beauty Stock Up 1.2%

Shares of NYSE SBH opened at $13.53 on Wednesday. The firm’s 50-day moving average price is $15.02 and its 200-day moving average price is $15.15. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02. The stock has a market capitalization of $1.31 billion, a price-to-earnings ratio of 7.68 and a beta of 1.12. Sally Beauty Holdings, Inc. has a 12-month low of $7.54 and a 12-month high of $17.92.

Sally Beauty (NYSE:SBHGet Free Report) last announced its earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.01. The firm had revenue of $943.17 million for the quarter, compared to analysts’ expectations of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The business’s revenue was up .6% compared to the same quarter last year. During the same period in the prior year, the company earned $0.43 EPS. 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, equities research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

About Sally Beauty

(Free Report)

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.

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Institutional Ownership by Quarter for Sally Beauty (NYSE:SBH)

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