Invenomic Capital Management LP Decreases Stock Holdings in Sally Beauty Holdings, Inc. $SBH

Invenomic Capital Management LP lowered its holdings in Sally Beauty Holdings, Inc. (NYSE:SBH) by 59.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 691,036 shares of the specialty retailer’s stock after selling 994,000 shares during the quarter. Invenomic Capital Management LP’s holdings in Sally Beauty were worth $11,250,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. iSAM Funds UK Ltd acquired a new position in shares of Sally Beauty during the 3rd quarter valued at $35,000. Osaic Holdings Inc. increased its holdings in Sally Beauty by 1,365.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 2,730 shares in the last quarter. Raymond James Financial Inc. purchased a new position in Sally Beauty in the second quarter valued at about $34,000. Wealth Enhancement Advisory Services LLC purchased a new position in Sally Beauty in the third quarter valued at about $119,000. Finally, Jefferies Financial Group Inc. acquired a new position in shares of Sally Beauty during the second quarter worth about $95,000.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Jefferies Financial Group reiterated a “hold” rating and set a $16.00 target price on shares of Sally Beauty in a report on Wednesday, January 14th. TD Cowen lifted their price objective on shares of Sally Beauty from $17.00 to $18.00 and gave the company a “buy” rating in a research note on Wednesday, January 21st. 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 research report on Wednesday, January 21st. Weiss Ratings restated a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Finally, Morgan Stanley lifted their price target on shares of Sally Beauty from $14.00 to $16.00 and gave the stock an “underweight” rating in a research note on Tuesday, February 10th. Three equities 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $17.80.

Sally Beauty Stock Up 0.8%

Shares of NYSE:SBH opened at $14.52 on Monday. 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 1-year low of $7.54 and a 1-year high of $17.92. The company’s fifty day moving average is $15.64 and its two-hundred day moving average is $15.26. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 EPS for the quarter, beating the consensus estimate 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 net margin of 4.87% and a return on equity of 26.07%. The company’s quarterly revenue was up .6% on a year-over-year basis. During the same period in the previous year, the business 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 analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current year.

Sally Beauty 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.