Icon Advisers Inc. Co. Grows Stock Holdings in RH $RH

Icon Advisers Inc. Co. grew its position in shares of RH (NYSE:RH) by 692.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 22,180 shares of the company’s stock after buying an additional 19,380 shares during the quarter. Icon Advisers Inc. Co.’s holdings in RH were worth $3,101,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of RH. Harvest Fund Management Co. Ltd bought a new stake in shares of RH in the third quarter worth about $30,000. Wilmington Savings Fund Society FSB increased its holdings in RH by 200.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock valued at $31,000 after purchasing an additional 116 shares during the period. Advisory Services Network LLC bought a new position in RH during the 3rd quarter valued at approximately $31,000. Modus Advisors LLC bought a new position in RH during the 4th quarter valued at approximately $34,000. Finally, Geneos Wealth Management Inc. purchased a new stake in RH in the 1st quarter worth approximately $42,000. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other RH news, Director Mark S. Demilio sold 2,445 shares of the firm’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $168.44, for a total transaction of $411,835.80. Following the completion of the transaction, the director owned 25,680 shares of the company’s stock, valued at approximately $4,325,539.20. This trade represents a 8.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Carlos Alberini bought 11,388 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, for a total transaction of $1,832,329.20. Following the acquisition, the director owned 32,190 shares in the company, valued at approximately $5,179,371. This represents a 54.74% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold a total of 132,749 shares of company stock valued at $21,856,812 over the last ninety days. Company insiders own 26.90% of the company’s stock.

RH Stock Performance

RH stock opened at $175.41 on Thursday. The stock’s 50 day simple moving average is $154.58 and its two-hundred day simple moving average is $162.08. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The stock has a market cap of $3.32 billion, a price-to-earnings ratio of 33.86, a PEG ratio of 4.14 and a beta of 1.88. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00.

RH (NYSE:RH) last announced its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, topping the consensus estimate of ($2.12) by $0.15. The firm had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The business’s revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.13 EPS. As a group, analysts expect that RH will post 4.27 earnings per share for the current fiscal year.

More RH News

Here are the key news stories impacting RH this week:

• Positive Sentiment: RH recently reported quarterly revenue of $800.3 million, topping estimates, and EPS of $(1.97) beat expectations by $0.15, suggesting the business is still performing better than analysts expected.
• Neutral Sentiment: A new “RH versus Energizer” comparison article was published, but it does not appear to be a meaningful stock-moving event on its own. Article Title
• Neutral Sentiment: The stock has been trading near the middle of its recent range, supported by positive longer-term momentum but still sensitive to valuation and leverage concerns.

Wall Street Analyst Weigh In

RH has been the topic of a number of recent analyst reports. Telsey Advisory Group cut their price objective on RH from $165.00 to $140.00 and set a “market perform” rating on the stock in a research report on Wednesday, April 1st. Morgan Stanley restated an “overweight” rating and set a $240.00 target price on shares of RH in a report on Monday, May 11th. Wall Street Zen lowered RH from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. Robert W. Baird lifted their price target on shares of RH from $125.00 to $150.00 and gave the company a “neutral” rating in a report on Friday, June 12th. Finally, The Goldman Sachs Group raised shares of RH from a “sell” rating to a “neutral” rating and boosted their price objective for the company from $86.00 to $155.00 in a research report on Wednesday, July 8th. Seven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $171.71.

RH 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.