Profit Investment Management LLC Has $2.43 Million Stock Position in Sally Beauty Holdings, Inc. $SBH

Profit Investment Management LLC decreased its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 36.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 148,942 shares of the specialty retailer’s stock after selling 85,525 shares during the period. Sally Beauty makes up 3.0% of Profit Investment Management LLC’s portfolio, making the stock its 4th biggest position. Profit Investment Management LLC owned about 0.15% of Sally Beauty worth $2,425,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SBH. LSV Asset Management boosted its holdings in shares of Sally Beauty by 1.3% in the second quarter. LSV Asset Management now owns 3,125,321 shares of the specialty retailer’s stock valued at $28,940,000 after acquiring an additional 40,189 shares in the last quarter. Geode Capital Management LLC boosted its stake in Sally Beauty by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 2,555,955 shares of the specialty retailer’s stock valued at $23,671,000 after purchasing an additional 34,328 shares in the last quarter. Ranmore Fund Management Ltd increased its position in shares of Sally Beauty by 54.6% during the 2nd quarter. Ranmore Fund Management Ltd now owns 2,196,020 shares of the specialty retailer’s stock valued at $20,335,000 after purchasing an additional 776,020 shares during the period. Lightrock Netherlands B.V. raised its stake in shares of Sally Beauty by 31.4% in the 2nd quarter. Lightrock Netherlands B.V. now owns 1,943,202 shares of the specialty retailer’s stock worth $17,994,000 after buying an additional 463,895 shares in the last quarter. Finally, Invenomic Capital Management LP lifted its holdings in shares of Sally Beauty by 160.3% in the first quarter. Invenomic Capital Management LP now owns 1,889,310 shares of the specialty retailer’s stock valued at $17,060,000 after buying an additional 1,163,619 shares during the period.

Analysts Set New Price Targets

A number of research firms recently issued reports on SBH. Jefferies Financial Group lifted their target price on Sally Beauty from $12.80 to $14.50 and gave the stock a “hold” rating in a report on Tuesday, October 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a report on Tuesday, October 14th. Canaccord Genuity Group raised their target price on shares of Sally Beauty from $15.00 to $19.00 and gave the stock a “buy” rating in a report on Monday, September 15th. Wall Street Zen raised Sally Beauty from a “hold” rating to a “buy” rating in a report on Saturday, October 11th. Finally, Morgan Stanley raised their price objective on Sally Beauty from $10.00 to $13.00 and gave the stock an “underweight” rating in a research note on Friday, November 14th. Three research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $14.60.

Insider Activity

In other news, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $15.71, for a total value of $92,689.00. Following the completion of the sale, the chief accounting officer directly owned 21,295 shares of the company’s stock, valued at $334,544.45. This represents a 21.70% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $16.27, for a total transaction of $244,050.00. Following the transaction, the senior vice president directly owned 57,585 shares in the company, valued at $936,907.95. The trade was a 20.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by corporate insiders.

Sally Beauty Trading Up 0.6%

Sally Beauty stock opened at $15.25 on Monday. Sally Beauty Holdings, Inc. has a 52 week low of $7.54 and a 52 week high of $17.40. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 2.26. The firm has a market capitalization of $1.49 billion, a price-to-earnings ratio of 8.07 and a beta of 1.13. The company has a 50 day moving average price of $15.03 and a 200 day moving average price of $13.14.

Sally Beauty (NYSE:SBH) last released its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. The company had revenue of $947.08 million during the quarter, compared to analyst estimates of $932.88 million. Sally Beauty had a return on equity of 27.07% and a net margin of 5.29%.The company’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. Research analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.