RH $RH Shares Sold by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp lessened its stake in RH (NYSE:RH) by 22.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,891 shares of the company’s stock after selling 3,695 shares during the period. Texas Permanent School Fund Corp’s holdings in RH were worth $2,437,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in RH. Durable Capital Partners LP boosted its holdings in RH by 125.1% during the second quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares in the last quarter. Senvest Management LLC raised its position in shares of RH by 54.6% in the second quarter. Senvest Management LLC now owns 733,894 shares of the company’s stock worth $138,713,000 after acquiring an additional 259,200 shares during the period. Atreides Management LP boosted its stake in shares of RH by 69.1% during the 1st quarter. Atreides Management LP now owns 473,321 shares of the company’s stock worth $110,951,000 after acquiring an additional 193,404 shares in the last quarter. Scopus Asset Management L.P. acquired a new stake in shares of RH during the 2nd quarter valued at about $30,457,000. Finally, Norges Bank purchased a new position in shares of RH in the 2nd quarter valued at about $29,083,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on RH. The Goldman Sachs Group lowered their price target on RH from $195.00 to $144.00 and set a “sell” rating on the stock in a research report on Monday, December 15th. Barclays dropped their price target on shares of RH from $385.00 to $283.00 and set an “overweight” rating on the stock in a research note on Monday, December 15th. Cowen restated a “buy” rating on shares of RH in a research report on Friday, September 12th. Bank of America dropped their target price on shares of RH from $200.00 to $170.00 and set an “underperform” rating on the stock in a research report on Friday, December 12th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of RH in a research note on Thursday. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $227.13.

RH Price Performance

RH stock opened at $171.15 on Friday. The company has a fifty day simple moving average of $165.25 and a 200-day simple moving average of $193.71. The firm has a market capitalization of $3.21 billion, a price-to-earnings ratio of 30.89, a PEG ratio of 1.13 and a beta of 2.09. The company has a quick ratio of 0.26, a current ratio of 1.19 and a debt-to-equity ratio of 944.39. RH has a 52-week low of $123.03 and a 52-week high of $455.84.

RH (NYSE:RH) last posted its quarterly earnings results on Thursday, December 11th. The company reported $1.71 earnings per share for the quarter, missing the consensus estimate of $2.13 by ($0.42). RH had a negative return on equity of 161.72% and a net margin of 3.22%.The business had revenue of $883.81 million during the quarter, compared to analysts’ expectations of $883.65 million. During the same period in the prior year, the business posted $2.48 earnings per share. The business’s quarterly revenue was up 8.9% on a year-over-year basis. On average, equities analysts anticipate that RH will post 4.39 EPS for the current fiscal year.

Key Stores Impacting RH

Here are the key news stories impacting RH this week:

• Positive Sentiment: Morgan Stanley raised its price target to $250, giving a clear near-term upside anchor versus recent levels — this likely helped buying interest from institutional and momentum players. New Analyst Forecast: $RH Given $250 Price Target
• Neutral Sentiment: Retail/media discussion about whether RH is a “buy the dip” candidate is drawing attention and trading volume; such pieces (Yahoo Finance) can drive short-term interest but don’t change fundamentals. Is It Finally Time to Buy the Dip on RH Stock?
• Neutral Sentiment: Commentary from TV personalities (Jim Cramer calling RH “high‑risk, high‑reward”) increases retail attention and volatility; useful for momentum traders but not a substitute for earnings/margin data. Jim Cramer says “RH (RH) is high-risk high-reward”
• Neutral Sentiment: Analyst coverage remains mixed: the six‑month median target is around $216.5, with wide dispersion (several high and several low targets). That divergence supports big intraday moves but means no clear consensus on valuation. (See Quiver Quant summary in the Morgan Stanley article above.)
• Negative Sentiment: An insider sale (Mark DeMilio sold ~2,000 shares) is being flagged in recent filings — insider selling can be perceived negatively by some investors even if modest in size. New Analyst Forecast: $RH Given $250 Price Target
• Negative Sentiment: Recent Q3 results (reported earlier this month) showed an EPS miss and thin net margins despite revenue growth — the company reported revenue growth but earnings per share missed expectations, and return on equity remains negative, keeping questions around margin recovery and profitability front and center. The Top 5 Analyst Questions From RH’s Q3 Earnings Call

RH Company Profile

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH’s product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.