WCM Investment Management LLC Sells 3,849 Shares of RH $RH

WCM Investment Management LLC lowered its stake in RH (NYSE:RH) by 3.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 96,298 shares of the company’s stock after selling 3,849 shares during the period. WCM Investment Management LLC’s holdings in RH were worth $12,713,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of RH. Durable Capital Partners LP raised its position in RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock valued at $122,119,000 after purchasing an additional 359,101 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in RH by 1,797.7% in the fourth quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock worth $44,134,000 after buying an additional 233,373 shares during the period. Alliancebernstein L.P. lifted its holdings in RH by 66.1% in the third quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock worth $116,546,000 after buying an additional 228,229 shares during the period. Alyeska Investment Group L.P. lifted its stake in shares of RH by 200.5% in the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock valued at $60,480,000 after purchasing an additional 198,615 shares during the period. Finally, Senvest Management LLC boosted its holdings in shares of RH by 30.1% during the 4th quarter. Senvest Management LLC now owns 842,577 shares of the company’s stock valued at $150,948,000 after buying an additional 194,773 shares in the last quarter. 90.17% of the stock is owned by institutional investors.

RH Trading Down 1.9%

NYSE:RH opened at $184.31 on Tuesday. RH has a one year low of $106.30 and a one year high of $257.00. The business has a fifty day moving average price of $152.67 and a 200-day moving average price of $162.09. The firm has a market capitalization of $3.48 billion, a price-to-earnings ratio of 35.58, a price-to-earnings-growth ratio of 4.31 and a beta of 1.88. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32.

RH (NYSE:RH) last released its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a return on equity of 423.79% and a net margin of 3.01%.The company had revenue of $800.33 million for the quarter, compared to the consensus estimate of $792.55 million. During the same period in the previous year, the business earned $0.13 earnings per share. RH’s quarterly revenue was down 1.7% compared to the same quarter last year. Sell-side analysts forecast that RH will post 4.27 EPS for the current year.

Insiders Place Their Bets

In other news, Director Carlos Alberini bought 11,388 shares of the stock in a transaction that occurred on Monday, June 29th. The shares were bought at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the purchase, the director owned 32,190 shares in the company, valued at $5,179,371. This represents a 54.74% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, Director Mark S. Demilio sold 2,445 shares of the company’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $168.44, for a total value of $411,835.80. Following the completion of the transaction, the director directly owned 25,680 shares of the company’s stock, valued at approximately $4,325,539.20. This trade represents a 8.69% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 132,749 shares of company stock worth $21,856,812. Company insiders own 26.90% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently commented on the company. BNP Paribas Exane dropped their price target on RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley reaffirmed an “overweight” rating and set a $240.00 price objective on shares of RH in a research report on Monday, May 11th. Robert W. Baird lifted their price target on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a research note on Friday, June 12th. Guggenheim restated a “buy” rating and set a $200.00 price objective on shares of RH in a research report on Friday, June 12th. Finally, Stifel Nicolaus upped their price objective on RH from $110.00 to $130.00 and gave the company a “hold” rating in a research report on Friday, June 12th. Seven analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $171.71.

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.