RH $RH Shares Acquired by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company lifted its holdings in shares of RH (NYSE:RH) by 37.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 13,834 shares of the company’s stock after acquiring an additional 3,766 shares during the period. The Manufacturers Life Insurance Company owned 0.07% of RH worth $2,279,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Norges Bank acquired a new position in RH in the fourth quarter valued at $28,092,000. K.J. Harrison & Partners Inc purchased a new stake in shares of RH in the fourth quarter valued at about $1,792,000. Logan Capital Management Inc. boosted its stake in shares of RH by 115.2% during the fourth quarter. Logan Capital Management Inc. now owns 32,716 shares of the company’s stock worth $5,861,000 after buying an additional 17,516 shares during the period. Quantinno Capital Management LP boosted its stake in shares of RH by 138.1% during the first quarter. Quantinno Capital Management LP now owns 24,999 shares of the company’s stock worth $3,495,000 after buying an additional 14,500 shares during the period. Finally, Lodge Hill Capital LLC purchased a new position in shares of RH during the first quarter worth about $13,283,000. 90.17% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on RH shares. KeyCorp reaffirmed a “sector weight” rating on shares of RH in a research note on Friday, June 12th. Wells Fargo & Company raised their price objective on shares of RH from $175.00 to $225.00 and gave the company an “overweight” rating in a research report on Tuesday, August 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of RH in a report on Friday, July 24th. JPMorgan Chase & Co. lowered their price target on shares of RH from $225.00 to $212.00 and set an “overweight” rating on the stock in a research note on Monday, August 17th. Finally, The Goldman Sachs Group upgraded shares of RH from a “sell” rating to a “neutral” rating and upped their target price for the stock 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 issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $173.36.

Insider Activity

In other news, Director Mark S. Demilio sold 2,445 shares of the company’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 sale, the director directly owned 25,680 shares in the company, valued at $4,325,539.20. This represents a 8.69% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Carlos Alberini acquired 11,388 shares of the company’s stock in a transaction dated Monday, June 29th. The shares were purchased at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares in the company, valued at approximately $5,179,371. The trade was a 54.74% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders sold 132,749 shares of company stock valued at $21,856,812 in the last ninety days. Company insiders own 26.90% of the company’s stock.

RH Price Performance

RH stock opened at $147.66 on Thursday. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of 28.51, a price-to-earnings-growth ratio of 3.44 and a beta of 1.85. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The stock’s fifty day simple moving average is $169.45 and its 200-day simple moving average is $152.92.

RH (NYSE:RH) last released its earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. During the same period in the previous year, the firm earned $0.13 earnings per share. RH’s revenue was down 1.7% compared to the same quarter last year. Equities research analysts expect that RH will post 4.2 EPS for the current 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, exceeding analysts’ $792.6 million estimate, while its adjusted loss of $1.97 per share was narrower than the expected $2.12 loss. This may provide some support for the stock despite broader concerns about the business. Here’s Why RH Fell More Than the Broader Market
• Neutral Sentiment: The latest coverage noted that RH closed the prior session at $144.48 after declining 3.13% and underperforming the broader market. The supplied report does not identify a major new fundamental catalyst, suggesting today’s recovery may reflect profit-taking or technical buying.
• Negative Sentiment: RH’s latest quarter still showed a year-over-year revenue decline of 1.7% and a net loss, highlighting ongoing demand and profitability pressure. The stock also remains below its 50-day moving average, while its high beta points to elevated volatility.

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.