Ensign Peak Advisors Inc Buys 1,403 Shares of RH $RH

Ensign Peak Advisors Inc boosted its stake in RH (NYSE:RH) by 16.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,939 shares of the company’s stock after purchasing an additional 1,403 shares during the period. Ensign Peak Advisors Inc owned about 0.05% of RH worth $1,879,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in RH. Envestnet Asset Management Inc. raised its holdings in RH by 7.4% during the 1st quarter. Envestnet Asset Management Inc. now owns 5,325 shares of the company’s stock valued at $1,248,000 after buying an additional 367 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of RH in the first quarter valued at about $1,602,000. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of RH by 11.5% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,329 shares of the company’s stock valued at $1,015,000 after acquiring an additional 446 shares during the last quarter. XTX Topco Ltd boosted its holdings in shares of RH by 573.8% during the first quarter. XTX Topco Ltd now owns 4,865 shares of the company’s stock worth $1,140,000 after purchasing an additional 4,143 shares during the period. Finally, Vestcor Inc bought a new stake in shares of RH in the first quarter worth about $398,000. Hedge funds and other institutional investors own 90.17% of the company’s stock.

RH Trading Down 0.2%

RH opened at $159.33 on Friday. The company has a market cap of $2.99 billion, a price-to-earnings ratio of 29.67, a price-to-earnings-growth ratio of 0.76 and a beta of 2.21. The stock has a fifty day simple moving average of $178.53 and a two-hundred day simple moving average of $197.57. RH has a 12-month low of $123.03 and a 12-month high of $457.26.

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

Analyst Ratings Changes

A number of research firms have commented on RH. Stifel Nicolaus lowered their price target on RH from $390.00 to $320.00 and set a “buy” rating for the company in a research report on Friday, September 12th. Guggenheim reaffirmed a “buy” rating and issued a $300.00 price target on shares of RH in a research note on Friday, September 12th. Telsey Advisory Group cut shares of RH from an “outperform” rating to a “hold” rating and set a $220.00 price target on the stock. in a report on Friday, September 12th. William Blair downgraded shares of RH from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 2nd. Finally, Cowen reaffirmed a “buy” rating on shares of RH in a research report on Friday, September 12th. Ten investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $259.69.

Insiders Place Their Bets

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $236.13, for a total transaction of $472,260.00. Following the completion of the transaction, the director owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 27.00% of the company’s stock.

RH Company Profile

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.