SWS Partners Reduces Holdings in RH $RH

SWS Partners reduced its position in shares of RH (NYSE:RH) by 22.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,086 shares of the company’s stock after selling 5,185 shares during the period. SWS Partners owned about 0.10% of RH worth $2,979,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Senvest Management LLC grew its holdings in 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 purchasing an additional 194,773 shares in the last quarter. Durable Capital Partners LP lifted its holdings in RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in RH by 66.1% in the 3rd 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 in the last quarter. Two Sigma Investments LP boosted its position in RH by 40.9% in the 3rd quarter. Two Sigma Investments LP now owns 359,093 shares of the company’s stock valued at $72,953,000 after buying an additional 104,154 shares during the last quarter. Finally, Morgan Stanley boosted its position in RH by 0.8% in the 4th quarter. Morgan Stanley now owns 353,996 shares of the company’s stock valued at $63,419,000 after buying an additional 2,658 shares during the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. TD Cowen reaffirmed a “buy” rating on shares of RH in a research report on Monday. Robert W. Baird increased their price target on RH from $125.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Weiss Ratings restated a “sell (d)” rating on shares of RH in a research note on Friday, July 24th. Stifel Nicolaus lifted their price objective on RH from $110.00 to $130.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Finally, Morgan Stanley reaffirmed an “overweight” rating and issued a $240.00 target price on shares of RH in a research report on Monday, May 11th. 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’s stock. According to data from MarketBeat, RH has an average rating of “Hold” and a consensus target price of $174.29.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo forecast strong price appreciation for RH, providing a potentially supportive analyst signal and helping reinforce the recovery from the stock’s 52-week low. Wells Fargo forecasts strong price appreciation for RH
• Neutral Sentiment: RH was recently identified among the market’s most-shorted stocks. High short interest can reflect bearish investor expectations, but it also creates the possibility of short-covering and sharper upward moves if sentiment improves. Short sellers attack RH
• Negative Sentiment: A recent market update said RH fell while the broader market advanced, indicating near-term relative weakness and continued sensitivity to investor concerns about the luxury-home-furnishings retailer. RH stock slides as market rises

RH Stock Performance

Shares of RH stock opened at $181.40 on Friday. The firm has a market cap of $3.43 billion, a PE ratio of 35.02, a price-to-earnings-growth ratio of 4.20 and a beta of 1.87. The firm’s 50-day simple moving average is $168.18 and its 200-day simple moving average is $157.87. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. RH has a 1 year low of $106.30 and a 1 year high of $257.00.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, topping the consensus estimate of ($2.12) by $0.15. The business had revenue of $800.33 million for 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%. The company’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.13 earnings per share. Equities analysts forecast that RH will post 4.27 earnings per share for the current fiscal year.

Insider Buying and Selling at RH

In other news, Director Mark S. Demilio sold 2,445 shares of RH stock in a transaction that occurred on 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 owned 25,680 shares in the company, valued at approximately $4,325,539.20. This trade represents a 8.69% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Carlos Alberini purchased 11,388 shares of the stock in a transaction dated Monday, June 29th. The stock was purchased 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 directly owned 32,190 shares in the company, valued at approximately $5,179,371. The trade was a 54.74% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 132,749 shares of company stock worth $21,856,812 over the last quarter. 26.90% of the stock is owned by corporate insiders.

RH 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.