WCM Investment Management LLC Has $20.18 Million Stake in RH $RH

WCM Investment Management LLC increased its holdings in shares of RH (NYSE:RH) by 130.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,730 shares of the company’s stock after purchasing an additional 59,941 shares during the quarter. WCM Investment Management LLC’s holdings in RH were worth $20,176,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in RH. GAMMA Investing LLC boosted its holdings in RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after purchasing an additional 111 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in RH by 786.5% during the first quarter. Janney Montgomery Scott LLC now owns 12,021 shares of the company’s stock worth $2,818,000 after purchasing an additional 10,665 shares during the last quarter. Retirement Systems of Alabama boosted its holdings in RH by 0.7% during the first quarter. Retirement Systems of Alabama now owns 18,340 shares of the company’s stock worth $4,299,000 after purchasing an additional 136 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in RH by 146.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 3,986 shares of the company’s stock worth $934,000 after purchasing an additional 2,371 shares during the last quarter. Finally, Pursue Wealth Partners LLC acquired a new position in RH during the first quarter worth $329,000. Institutional investors and hedge funds own 90.17% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on RH shares. Wells Fargo & Company increased their target price on shares of RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a report on Monday, September 8th. Cowen restated a “buy” rating on shares of RH in a research note on Friday, September 12th. Citigroup upped their target price on shares of RH from $200.00 to $233.00 and gave the company a “neutral” rating in a report on Wednesday, September 3rd. The Goldman Sachs Group downgraded shares of RH from a “neutral” rating to a “sell” rating and cut their target price for the company from $199.00 to $179.00 in a research note on Tuesday, June 24th. Finally, William Blair downgraded RH from an “outperform” rating to a “market perform” rating in a research report on Thursday, October 2nd. Ten analysts have rated the stock with a Buy rating, seven 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 a consensus target price of $259.29.

Insider Buying and Selling at RH

In other news, Director Mark S. Demilio sold 2,000 shares of the stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the transaction, the director directly owned 24,616 shares of the company’s stock, valued at $5,812,576.08. This 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 can be accessed through this link. 27.00% of the stock is owned by insiders.

RH Price Performance

Shares of RH opened at $176.80 on Thursday. The firm has a market capitalization of $3.32 billion, a PE ratio of 32.92, a PEG ratio of 0.87 and a beta of 2.23. The company’s 50-day moving average is $217.77 and its 200-day moving average is $200.49. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings data on Thursday, September 11th. The company reported $2.93 earnings per share for the quarter, missing the consensus estimate of $3.22 by ($0.29). The company had revenue of $899.15 million during 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% compared to the same quarter last year. During the same period in the previous year, the company earned $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts predict that RH will post 4.39 earnings per share for the current fiscal year.

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.