FNY Investment Advisers LLC Lowers Stake in RH $RH

FNY Investment Advisers LLC lowered its stake in shares of RH (NYSE:RH) by 31.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,172 shares of the company’s stock after selling 539 shares during the period. FNY Investment Advisers LLC’s holdings in RH were worth $221,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new stake in shares of RH during the 2nd quarter valued at $865,000. Carmel Capital Partners LLC lifted its holdings in shares of RH by 7.2% during the 2nd quarter. Carmel Capital Partners LLC now owns 5,721 shares of the company’s stock valued at $1,081,000 after purchasing an additional 385 shares during the last quarter. WCM Investment Management LLC increased its position in shares of RH by 130.9% in the 2nd quarter. WCM Investment Management LLC now owns 105,730 shares of the company’s stock valued at $20,176,000 after acquiring an additional 59,941 shares during the period. Allianz Asset Management GmbH acquired a new stake in RH during the 2nd quarter worth about $1,712,000. Finally, Vanguard Personalized Indexing Management LLC lifted its position in RH by 103.5% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 2,426 shares of the company’s stock worth $459,000 after acquiring an additional 1,234 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Insider Activity at RH

In other news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the sale, the director directly owned 24,616 shares in the company, valued at $5,812,576.08. This trade represents a 7.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 27.00% of the stock is owned by company insiders.

RH Stock Performance

Shares of RH opened at $178.90 on Thursday. The business’s 50-day moving average is $213.15 and its two-hundred day moving average is $199.64. The company has a market capitalization of $3.35 billion, a P/E ratio of 33.31, a P/E/G ratio of 0.88 and a beta of 2.23. RH has a fifty-two week low of $123.03 and a fifty-two week high of $457.26.

RH (NYSE:RH) last announced its quarterly earnings results 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 for the quarter, compared to analyst estimates of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.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 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Analysts forecast that RH will post 4.39 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have commented on RH shares. Guggenheim reaffirmed a “buy” rating and set a $300.00 price target on shares of RH in a research report on Friday, September 12th. Citigroup lifted their price target on RH from $200.00 to $233.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 3rd. Wells Fargo & Company lifted their price target on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research report on Monday, September 8th. TD Cowen lifted their price target on RH from $235.00 to $265.00 and gave the stock a “buy” rating in a research report on Friday, September 12th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of RH in a research report on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, RH has an average rating of “Hold” and a consensus target price of $259.29.

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.