Nicholas Wealth LLC. Invests $304,000 in RH $RH

Nicholas Wealth LLC. acquired a new stake in RH (NYSE:RH) during the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,606 shares of the company’s stock, valued at approximately $304,000.

Other large investors have also recently added to or reduced their stakes in the company. AlphaQuest LLC bought a new position in shares of RH in the first quarter valued at approximately $29,000. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in RH in the 2nd quarter valued at $26,000. Farther Finance Advisors LLC raised its holdings in RH by 67.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after acquiring an additional 61 shares during the period. UMB Bank n.a. lifted its position in RH by 53.8% during the 2nd quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after acquiring an additional 63 shares during the last quarter. Finally, Solstein Capital LLC bought a new stake in RH during the second quarter valued at about $38,000. Institutional investors own 90.17% of the company’s stock.

Insider Buying and Selling at RH

In related news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the completion of the transaction, the director owned 24,616 shares of the company’s stock, valued at $5,812,576.08. This represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 27.00% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Guggenheim reiterated a “buy” rating and issued a $300.00 price objective on shares of RH in a research note on Friday, September 12th. Telsey Advisory Group lowered RH from an “outperform” rating to a “hold” rating and set a $220.00 target price on the stock. in a report on Friday, September 12th. Wells Fargo & Company upped their price target on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Citigroup raised their price objective on shares of RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 3rd. Finally, Cowen reaffirmed a “buy” rating on shares of RH in a research report on Friday, September 12th. Ten research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $259.69.

RH Trading Down 0.6%

Shares of NYSE:RH opened at $141.70 on Wednesday. The firm has a market capitalization of $2.66 billion, a PE ratio of 26.39, a PEG ratio of 0.68 and a beta of 2.21. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The business’s 50 day moving average is $189.03 and its 200-day moving average is $199.52.

RH (NYSE:RH) last issued its earnings results on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.29). The firm had revenue of $899.15 million during the quarter, compared to the consensus estimate of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.The firm’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same period last year, the business earned $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts predict that RH will post 4.39 EPS for the current year.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.