Udine Wealth Management Inc. Has $2.96 Million Holdings in RH $RH

Udine Wealth Management Inc. lifted its stake in RH (NYSE:RH) by 25.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,974 shares of the company’s stock after purchasing an additional 3,674 shares during the quarter. RH accounts for 1.2% of Udine Wealth Management Inc.’s portfolio, making the stock its 26th largest position. Udine Wealth Management Inc.’s holdings in RH were worth $2,961,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Harvest Fund Management Co. Ltd purchased a new position in RH during the third quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB lifted its position in RH by 200.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after buying an additional 116 shares in the last quarter. Advisory Services Network LLC purchased a new stake in RH in the 3rd quarter worth approximately $31,000. Modus Advisors LLC acquired a new stake in shares of RH during the 4th quarter valued at $34,000. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of RH during the 1st quarter valued at $42,000. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on RH shares. Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 price target on shares of RH in a research note on Monday, May 11th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research report on Tuesday, June 9th. Weiss Ratings restated a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Citigroup upped their target price on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Finally, Wells Fargo & Company raised their price target on RH from $175.00 to $225.00 and gave the stock an “overweight” rating in a research note on Tuesday. Seven research analysts have rated the stock with a Buy rating, ten have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $174.29.

RH Trading Down 0.4%

Shares of RH stock opened at $179.62 on Friday. RH has a 12 month low of $106.30 and a 12 month high of $257.00. The company has a market cap of $3.39 billion, a PE ratio of 34.68, a price-to-earnings-growth ratio of 4.22 and a beta of 1.87. 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 business’s 50 day moving average is $167.48 and its two-hundred day moving average is $157.70.

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

RH News Roundup

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

Insider Buying and Selling

In related news, CEO Gary G. Friedman sold 69,069 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $169.48, for a total transaction of $11,705,814.12. Following the completion of the transaction, the chief executive officer owned 3,282,268 shares of the company’s stock, valued at approximately $556,278,780.64. The trade was a 2.06% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares of the company’s stock, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold 132,749 shares of company stock worth $21,856,812 in the last quarter. 26.90% of the stock is currently owned by company insiders.

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.