Carmel Capital Partners LLC Increases Stake in RH $RH

Carmel Capital Partners LLC increased its position in RH (NYSE:RH) by 7.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,721 shares of the company’s stock after acquiring an additional 385 shares during the quarter. Carmel Capital Partners LLC’s holdings in RH were worth $1,081,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. AlphaQuest LLC purchased a new stake in RH in the 1st quarter worth about $29,000. Farther Finance Advisors LLC boosted its stake 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 during the period. UMB Bank n.a. boosted its stake in RH by 53.8% in the 2nd quarter. UMB Bank n.a. now owns 180 shares of the company’s stock worth $34,000 after purchasing an additional 63 shares during the period. GAMMA Investing LLC boosted its stake in RH by 146.1% in the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company’s stock worth $44,000 after purchasing an additional 111 shares during the period. Finally, Parallel Advisors LLC boosted its stake in RH by 214.9% in the 2nd quarter. Parallel Advisors LLC now owns 233 shares of the company’s stock worth $44,000 after purchasing an additional 159 shares during the period. Hedge funds and other institutional investors own 90.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have commented on RH. Cowen restated a “buy” rating on shares of RH in a research note on Friday, September 12th. William Blair downgraded RH from an “outperform” rating to a “market perform” rating in a research note on Thursday, October 2nd. Zacks Research downgraded RH from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 16th. Zelman & Associates cut their target price on RH from $305.00 to $251.00 and set an “outperform” rating for the company in a research note on Wednesday, July 9th. Finally, Wells Fargo & Company raised their target price on RH from $275.00 to $295.00 and gave the stock an “overweight” rating in a research note on Monday, September 8th. Ten equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, RH has a consensus rating of “Hold” and an average price target of $259.29.

RH Trading Down 1.0%

Shares of RH opened at $174.48 on Friday. The company has a market cap of $3.27 billion, a PE ratio of 32.49, a price-to-earnings-growth ratio of 0.84 and a beta of 2.23. The stock has a 50-day moving average price of $216.22 and a 200-day moving average price of $199.64. RH has a 12-month low of $123.03 and a 12-month high of $457.26.

RH (NYSE:RH) last issued its quarterly earnings results on Thursday, September 11th. The company reported $2.93 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.22 by ($0.29). The business had revenue of $899.15 million for 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%. The business’s revenue was up 8.4% compared to the same quarter last year. During the same quarter last year, the business posted $1.69 EPS. RH has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts predict that RH will post 4.39 earnings per share for the current year.

Insider Buying and Selling at RH

In related 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 transaction, the director directly 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 position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Corporate 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.