Lodge Hill Capital LLC Buys New Position in RH $RH

Lodge Hill Capital LLC purchased a new position in shares of RH (NYSE:RH) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 95,000 shares of the company’s stock, valued at approximately $13,283,000. RH comprises 2.0% of Lodge Hill Capital LLC’s holdings, making the stock its 20th biggest holding.

Several other institutional investors also recently added to or reduced their stakes in RH. California State Teachers Retirement System lifted its stake in RH by 23.0% in the first quarter. California State Teachers Retirement System now owns 17,460 shares of the company’s stock valued at $2,441,000 after buying an additional 3,262 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of RH by 138.1% in the 1st quarter. Quantinno Capital Management LP now owns 24,999 shares of the company’s stock valued at $3,495,000 after acquiring an additional 14,500 shares during the period. Union Square Park Capital Management LLC raised its position in RH by 18.2% in the 1st quarter. Union Square Park Capital Management LLC now owns 65,000 shares of the company’s stock valued at $9,088,000 after purchasing an additional 10,000 shares during the last quarter. Entropy Technologies LP acquired a new stake in RH during the 1st quarter worth $1,560,000. Finally, Renaissance Technologies LLC purchased a new position in RH during the 1st quarter worth $13,954,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Trading Down 0.3%

Shares of RH stock opened at $177.06 on Thursday. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. The company’s 50-day simple moving average is $159.54 and its 200-day simple moving average is $161.05. The firm has a market cap of $3.35 billion, a price-to-earnings ratio of 34.18, a price-to-earnings-growth ratio of 4.08 and a beta of 1.88.

RH (NYSE:RH) last announced its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same quarter last year, the firm earned $0.13 earnings per share. The firm’s revenue was down 1.7% compared to the same quarter last year. As a group, equities research analysts anticipate that RH will post 4.27 earnings per share for the current year.

Insider Transactions at RH

In related news, CEO Gary G. Friedman sold 69,069 shares of RH stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $169.48, for a total value of $11,705,814.12. Following the sale, the chief executive officer directly owned 3,282,268 shares in the company, valued at $556,278,780.64. The trade was a 2.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the transaction, the director directly owned 25,830 shares in the company, valued at $3,719,520. This represents a 10.72% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 132,749 shares of company stock valued at $21,856,812. Corporate insiders own 26.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have commented on RH shares. Citigroup lifted their price objective on shares of RH from $150.00 to $166.00 and gave the company a “neutral” rating in a research note on Monday, June 15th. Robert W. Baird raised their price target on RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Wells Fargo & Company upped their price objective on RH from $160.00 to $175.00 and gave the company an “overweight” rating in a research note on Friday, June 12th. Guggenheim reiterated a “buy” rating and issued a $200.00 target price on shares of RH in a research note on Friday, June 12th. Finally, UBS Group cut their price target on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $171.71.

Trending Headlines about RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH’s most recent quarterly results modestly exceeded expectations, with revenue of $800.3 million versus an $792.6 million consensus estimate and a loss of $1.97 per share versus an expected loss of $2.12. This offers limited support for the shares, although the results were released in June rather than during the current news window.
• Neutral Sentiment: The report on Capitol Meridian’s investment in RH Aero Systems does not concern Restoration Hardware Holdings and should not be interpreted as news for RH. Capitol Meridian to invest in aviation services firm RH Aero Systems
• Neutral Sentiment: Red Hill Minerals’ royalty and exploration update relates to Red Hill Iron Limited (ASX: RHI), not RH. Red Hill Minerals Lifts Royalty Income and Expands Exploration Portfolio
• Negative Sentiment: RH’s latest reported revenue declined 1.7% year over year, while the company posted a quarterly loss. Those results remain a fundamental overhang, particularly given RH’s premium valuation and elevated leverage, despite the earnings beat.

About RH

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.