Strs Ohio Raises Position in RH $RH

Strs Ohio raised its position in shares of RH (NYSE:RH) by 48.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 18,365 shares of the company’s stock after acquiring an additional 5,999 shares during the period. Strs Ohio’s holdings in RH were worth $2,568,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Harvest Fund Management Co. Ltd purchased a new stake in RH in the third quarter worth $30,000. Advisory Services Network LLC purchased a new position in RH during the third quarter valued at $31,000. Wilmington Savings Fund Society FSB lifted its position in RH by 200.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after buying an additional 116 shares during the period. Modus Advisors LLC bought a new stake in shares of RH during the 4th quarter valued at $34,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of RH by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock valued at $44,000 after buying an additional 77 shares in the last quarter. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Wall Street Analyst Weigh In

RH has been the topic of a number of recent research reports. Weiss Ratings downgraded shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. Stifel Nicolaus boosted their price objective on shares of RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. BNP Paribas Exane cut their price objective on shares of RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a report on Wednesday, April 1st. UBS Group cut their price objective on shares of RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a report on Tuesday, June 9th. Finally, Telsey Advisory Group decreased their target price on shares of RH from $165.00 to $140.00 and set a “market perform” rating for the company in a research note on Wednesday, April 1st. Seven analysts have rated the stock with a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, RH has an average rating of “Hold” and an average target price of $172.53.

Insider Activity

In other RH news, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the transaction, the director owned 25,830 shares in the company, valued at approximately $3,719,520. This represents a 10.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Carlos Alberini purchased 11,388 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were bought at an average cost of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director owned 32,190 shares in the company, 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. 26.90% of the stock is currently owned by company insiders.

RH Stock Down 2.2%

RH traded down $3.64 during trading on Tuesday, hitting $165.36. 97,860 shares of the company’s stock traded hands, compared to its average volume of 1,134,166. The stock has a market capitalization of $3.13 billion, a price-to-earnings ratio of 31.80, a PEG ratio of 3.88 and a beta of 1.88. The company’s 50 day simple moving average is $144.16 and its two-hundred day simple moving average is $162.41. RH has a 12-month low of $106.30 and a 12-month high of $257.00. 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 (NYSE:RH) last posted its quarterly earnings results 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 firm 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 company’s revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.13 earnings per share. Analysts predict that RH will post 4.27 earnings per share for the current fiscal year.

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.