Mangrove Partners IM LLC Takes $1.25 Million Position in Sally Beauty Holdings, Inc. $SBH

Mangrove Partners IM LLC purchased a new position in Sally Beauty Holdings, Inc. (NYSE:SBH) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 77,006 shares of the specialty retailer’s stock, valued at approximately $1,254,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SBH. Schroder Investment Management Group acquired a new stake in Sally Beauty during the third quarter valued at approximately $160,495,000. Arrowstreet Capital Limited Partnership lifted its holdings in Sally Beauty by 2,768.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,220,160 shares of the specialty retailer’s stock worth $11,299,000 after buying an additional 1,177,626 shares during the last quarter. American Century Companies Inc. grew its position in shares of Sally Beauty by 174.4% in the 3rd quarter. American Century Companies Inc. now owns 1,660,831 shares of the specialty retailer’s stock worth $27,038,000 after acquiring an additional 1,055,669 shares in the last quarter. Invesco Ltd. grew its position in shares of Sally Beauty by 21.7% in the 2nd quarter. Invesco Ltd. now owns 1,788,951 shares of the specialty retailer’s stock worth $16,566,000 after acquiring an additional 319,025 shares in the last quarter. Finally, LSV Asset Management increased its holdings in shares of Sally Beauty by 7.5% in the 3rd quarter. LSV Asset Management now owns 3,359,340 shares of the specialty retailer’s stock valued at $54,690,000 after acquiring an additional 234,019 shares during the last quarter.

Wall Street Analysts Forecast Growth

SBH has been the topic of several research reports. Morgan Stanley upped their price target on Sally Beauty from $14.00 to $16.00 and gave the company an “underweight” rating in a research report on Tuesday, February 10th. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a report on Tuesday. Canaccord Genuity Group boosted their target price on shares of Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Raymond James Financial raised shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price on the stock in a report on Wednesday, January 21st. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research report on Friday, January 9th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $17.80.

Sally Beauty Stock Up 0.8%

Shares of Sally Beauty stock opened at $14.52 on Friday. The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 8.25 and a beta of 1.14. Sally Beauty Holdings, Inc. has a twelve month low of $7.54 and a twelve month high of $17.92. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 1.02. The business’s 50 day simple moving average is $15.64 and its 200-day simple moving average is $15.24.

Sally Beauty (NYSE:SBH) last released its quarterly earnings data on Monday, February 9th. The specialty retailer reported $0.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $943.17 million during the quarter, compared to analyst estimates of $939.63 million. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The business’s revenue for the quarter was up .6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.43 EPS. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Equities research analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 earnings per share 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.