Pacific Point Advisors LLC Invests $567,000 in RH $RH

Pacific Point Advisors LLC purchased a new stake in RH (NYSE:RH) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,000 shares of the company’s stock, valued at approximately $567,000.

A number of other institutional investors and hedge funds have also bought and sold shares of RH. AlphaQuest LLC bought a new stake in RH during the first quarter worth about $29,000. Farther Finance Advisors LLC raised its holdings in RH by 67.8% in the 2nd quarter. Farther Finance Advisors LLC now owns 151 shares of the company’s stock worth $29,000 after purchasing an additional 61 shares in the last quarter. UMB Bank n.a. boosted its position in RH by 53.8% during the 2nd quarter. UMB Bank n.a. now owns 180 shares of the company’s stock valued at $34,000 after acquiring an additional 63 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of 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 purchasing an additional 111 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of RH by 214.9% in the 2nd quarter. Parallel Advisors LLC now owns 233 shares of the company’s stock worth $44,000 after acquiring an additional 159 shares in the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other RH news, Director Mark S. Demilio sold 2,000 shares of the firm’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $236.13, for a total value of $472,260.00. Following the completion of the transaction, the director owned 24,616 shares of the company’s stock, valued at approximately $5,812,576.08. This trade represents a 7.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 27.00% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on RH shares. Robert W. Baird lifted their target price on shares of RH from $215.00 to $230.00 and gave the stock a “neutral” rating in a report on Monday, June 16th. TD Cowen increased their target price on RH from $235.00 to $265.00 and gave the company a “buy” rating in a report on Friday, September 12th. Guggenheim reiterated a “buy” rating and set a $300.00 price target on shares of RH in a research note on Friday, September 12th. Cowen reissued a “buy” rating on shares of RH in a report on Friday, September 12th. Finally, UBS Group cut their target price on RH from $235.00 to $215.00 and set a “neutral” rating for the company in a research report on Thursday, June 5th. Ten equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $259.29.

RH Stock Up 2.7%

Shares of NYSE:RH opened at $203.12 on Wednesday. The stock has a market cap of $3.81 billion, a P/E ratio of 37.83, a price-to-earnings-growth ratio of 0.94 and a beta of 2.15. RH has a 52-week low of $123.03 and a 52-week high of $457.26. The business’s 50 day moving average is $222.41 and its 200 day moving average is $203.82.

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 business 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%.RH’s revenue for the quarter was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts anticipate that RH will post 4.39 EPS for the current fiscal year.

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.