Rockefeller Capital Management L.P. Has $23.95 Million Stock Holdings in RH $RH

Rockefeller Capital Management L.P. lifted its holdings in shares of RH (NYSE:RH) by 37.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 133,676 shares of the company’s stock after acquiring an additional 36,691 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in RH were worth $23,948,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. United Services Automobile Association bought a new stake in shares of RH in the 1st quarter valued at $231,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in RH by 6.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 38,622 shares of the company’s stock valued at $9,053,000 after acquiring an additional 2,244 shares during the period. Prudential Financial Inc. grew its position in RH by 24.4% in the 2nd quarter. Prudential Financial Inc. now owns 1,593 shares of the company’s stock valued at $301,000 after purchasing an additional 312 shares during the period. Federated Hermes Inc. grew its holdings in shares of RH by 30.1% during the second quarter. Federated Hermes Inc. now owns 1,137 shares of the company’s stock valued at $215,000 after buying an additional 263 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in RH by 9.5% during the 2nd quarter. California Public Employees Retirement System now owns 19,049 shares of the company’s stock valued at $3,600,000 after purchasing an additional 1,650 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

RH has been the topic of a number of analyst reports. Robert W. Baird lifted their price objective on shares of RH from $125.00 to $150.00 and gave the stock a “neutral” rating in a report on Friday, June 12th. Barclays reduced their price objective on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Morgan Stanley reiterated an “overweight” rating and set a $240.00 target price on shares of RH in a research report on Monday, May 11th. Telsey Advisory Group reduced their price target on RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research report on Wednesday, April 1st. Finally, Zacks Research raised shares of RH from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 16th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $172.53.

RH News Summary

Here are the key news stories impacting RH this week:

• Negative Sentiment: RH director stock sales were reported twice in the last day, including transactions worth about $446,688 and $330,300, which may reinforce concerns about insider confidence and add to near-term selling pressure.
• Neutral Sentiment: The broader backdrop remains mixed: RH recently beat quarterly EPS and revenue estimates, but revenue still declined year over year, and analysts expect full-year profitability to improve from current levels.

Insider Transactions at RH

In other RH news, insider Eri Chaya sold 11,000 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total value of $1,517,120.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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 completion of the sale, the director directly owned 25,830 shares in the company, valued at approximately $3,719,520. The trade was a 10.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 16,304 shares of company stock valued at $2,294,108. 26.90% of the stock is owned by insiders.

RH Price Performance

RH stock opened at $146.98 on Tuesday. The firm’s 50-day moving average price is $138.63 and its two-hundred day moving average price is $162.32. The stock has a market capitalization of $2.78 billion, a price-to-earnings ratio of 28.37, a PEG ratio of 3.03 and a beta of 1.91. The company has a current ratio of 1.13, a quick ratio of 0.32 and a debt-to-equity ratio of 54.96. RH has a 12-month low of $106.30 and a 12-month high of $257.00.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, topping the consensus estimate 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 return on equity of 423.79% and a net margin of 3.01%.The business’s revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the business posted $0.13 EPS. As a group, equities analysts predict that RH will post 4.79 earnings per share for the current year.

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.