Hussman Strategic Advisors Inc. Makes New Investment in RH $RH

Hussman Strategic Advisors Inc. purchased a new stake in shares of RH (NYSE:RH) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 6,300 shares of the company’s stock, valued at approximately $1,191,000.

Several other institutional investors have also recently made changes to their positions in the business. GAMMA Investing LLC grew its position in RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock valued at $44,000 after buying an additional 111 shares during the period. Teacher Retirement System of Texas bought a new stake in shares of RH during the 1st quarter valued at $510,000. Principal Financial Group Inc. increased its stake in shares of RH by 1.0% in the 1st quarter. Principal Financial Group Inc. now owns 34,757 shares of the company’s stock worth $8,147,000 after purchasing an additional 354 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in RH by 7.4% in the 1st quarter. Envestnet Asset Management Inc. now owns 5,325 shares of the company’s stock worth $1,248,000 after purchasing an additional 367 shares during the period. Finally, State of Michigan Retirement System lifted its position in RH by 2.8% during the first quarter. State of Michigan Retirement System now owns 3,615 shares of the company’s stock valued at $847,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 90.17% of the company’s stock.

RH Price Performance

RH stock opened at $163.82 on Wednesday. RH has a 1 year low of $123.03 and a 1 year high of $457.26. The firm’s 50 day moving average price is $204.09 and its 200-day moving average price is $201.28. The stock has a market cap of $3.07 billion, a P/E ratio of 30.51, a PEG ratio of 0.81 and a beta of 2.21.

RH (NYSE:RH) last posted its 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 analysts’ expectations of $906.58 million. RH had a net margin of 3.20% and a negative return on equity of 113.58%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.69 earnings per share. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts expect that RH will post 4.39 EPS for the current year.

Wall Street Analyst Weigh In

A number of brokerages have commented on RH. Telsey Advisory Group cut 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. Cowen reissued a “buy” rating on shares of RH in a report on Friday, September 12th. Wells Fargo & Company lifted their price target on shares of RH from $275.00 to $295.00 and gave the company an “overweight” rating in a report on Monday, September 8th. Zelman & Associates dropped their price target on shares of RH from $305.00 to $251.00 and set an “outperform” rating for the company in a research report on Wednesday, July 9th. Finally, William Blair downgraded shares of 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 issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $259.29.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $236.13, for a total transaction of $472,260.00. Following the completion of the transaction, the director 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 filing with the SEC, which is available through this link. Insiders own 27.00% of the company’s stock.

About RH

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.