Rovin Capital UT ADV Purchases Shares of 1,360 RH $RH

Rovin Capital UT ADV purchased a new stake in shares of RH (NYSE:RH) in the second quarter, according to its most recent 13F filing with the SEC. The fund purchased 1,360 shares of the company’s stock, valued at approximately $257,000.

Other institutional investors have also recently made changes to their positions in the company. Intech Investment Management LLC increased its stake in RH by 29.0% in the 1st quarter. Intech Investment Management LLC now owns 9,790 shares of the company’s stock worth $2,295,000 after acquiring an additional 2,198 shares during the last quarter. Twin Lakes Capital Management LLC purchased a new position in shares of RH during the second quarter worth about $3,213,000. WCM Investment Management LLC increased its position in shares of RH by 130.9% in the second quarter. WCM Investment Management LLC now owns 105,730 shares of the company’s stock worth $20,176,000 after purchasing an additional 59,941 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of RH in the second quarter worth approximately $865,000. Finally, Bryce Point Capital LLC purchased a new stake in RH in the second quarter valued at approximately $784,000. Institutional investors own 90.17% of the company’s stock.

RH Stock Up 2.6%

RH stock opened at $162.12 on Friday. The firm has a fifty day simple moving average of $200.14 and a two-hundred day simple moving average of $200.77. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The company has a market capitalization of $3.04 billion, a PE ratio of 30.19, a P/E/G ratio of 0.75 and a beta of 2.21.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, September 11th. The company reported $2.93 EPS 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 analysts’ expectations of $906.58 million. RH had a negative return on equity of 113.58% and a net margin of 3.20%.The firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.69 EPS. 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 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Mark S. Demilio sold 2,000 shares of the 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 sale, the director owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 27.00% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on RH shares. Cowen reissued a “buy” rating on shares of RH in a research note on Friday, September 12th. Barclays dropped their price objective on shares of RH from $436.00 to $385.00 and set an “overweight” rating for the company in a report on Friday, September 12th. William Blair cut RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. Stifel Nicolaus dropped their price target on RH from $390.00 to $320.00 and set a “buy” rating for the company in a research note on Friday, September 12th. Finally, Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 16th. Ten analysts have rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $259.29.

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.