Safe Harbor Fiduciary LLC Trims Holdings in RH $RH

Safe Harbor Fiduciary LLC trimmed its stake in shares of RH (NYSE:RH) by 91.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 345 shares of the company’s stock after selling 3,780 shares during the quarter. Safe Harbor Fiduciary LLC’s holdings in RH were worth $65,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in RH. Senvest Management LLC increased its position in shares of RH by 54.6% during the second quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock valued at $138,713,000 after buying an additional 259,200 shares during the period. Atreides Management LP grew its stake in RH by 69.1% during the first quarter. Atreides Management LP now owns 473,321 shares of the company’s stock valued at $110,951,000 after acquiring an additional 193,404 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in RH during the 1st quarter worth approximately $35,057,000. Rockefeller Capital Management L.P. purchased a new stake in RH in the 2nd quarter worth approximately $18,578,000. Finally, Invesco Ltd. boosted its holdings in RH by 38.2% in the 1st quarter. Invesco Ltd. now owns 248,449 shares of the company’s stock valued at $58,239,000 after purchasing an additional 68,629 shares during the period. Institutional investors own 90.17% of the company’s stock.

RH Stock Performance

RH stock opened at $159.33 on Thursday. The company has a market capitalization of $2.99 billion, a PE ratio of 29.67, a price-to-earnings-growth ratio of 0.76 and a beta of 2.21. RH has a one year low of $123.03 and a one year high of $457.26. The company’s 50 day moving average price is $180.01 and its two-hundred day moving average price is $197.84.

RH (NYSE:RH) last released its earnings results on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate 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%. RH’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts predict that RH will post 4.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on RH. TD Cowen increased their price objective on RH from $235.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Telsey Advisory Group downgraded RH from an “outperform” rating to a “hold” rating and set a $220.00 price target for the company. in a research report on Friday, September 12th. Zacks Research lowered RH from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 16th. Wells Fargo & Company raised their target price on shares of RH from $275.00 to $295.00 and gave the company an “overweight” rating in a research note on Monday, September 8th. Finally, Guggenheim reissued a “buy” rating and issued a $300.00 price target on shares of RH in a research note on Friday, September 12th. Ten investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, RH currently has a consensus rating of “Hold” and a consensus target price of $259.69.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 2,000 shares of RH stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total value of $472,260.00. Following the transaction, the director owned 24,616 shares in the company, valued at approximately $5,812,576.08. The trade was a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 27.00% of the company’s stock.

RH 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.