Fuller & Thaler Asset Management Inc. Makes New $35.06 Million Investment in RH $RH

Key Points

• Fuller & Thaler Asset Management Inc. acquired 149,555 shares of RH, valued at approximately $35 million, increasing its ownership to about 0.80% of the company.
• Equities research analysts have set varied price targets for RH, with Guggenheim maintaining a "buy" rating and a price objective of $300.00 and Wells Fargo setting it at $275.00.
• RH reported earnings of $0.13 per share for the latest quarter, exceeding expectations, and anticipates a total EPS of $4.39 for the current fiscal year.

Fuller & Thaler Asset Management Inc. bought a new position in RH (NYSE:RH - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 149,555 shares of the company's stock, valued at approximately $35,057,000. Fuller & Thaler Asset Management Inc. owned about 0.80% of RH as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of RH. Sunbelt Securities Inc. boosted its position in RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after purchasing an additional 69 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of RH by 146.1% during the 1st quarter. GAMMA Investing LLC now owns 187 shares of the company's stock worth $44,000 after purchasing an additional 111 shares during the period. NBC Securities Inc. purchased a new position in shares of RH in the 1st quarter worth about $45,000. Pingora Partners LLC bought a new position in RH during the fourth quarter valued at about $79,000. Finally, Putney Financial Group LLC bought a new position in RH during the fourth quarter valued at about $98,000. 90.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages have recently issued reports on RH. Robert W. Baird raised their price target on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. Wall Street Zen upgraded RH from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Guggenheim reiterated a "buy" rating and set a $300.00 price target on shares of RH in a research note on Wednesday, July 2nd. Telsey Advisory Group lowered their price objective on RH from $280.00 to $255.00 and set an "outperform" rating on the stock in a research note on Monday, June 9th. Finally, The Goldman Sachs Group lowered shares of RH from a "neutral" rating to a "sell" rating and cut their target price for the stock from $199.00 to $179.00 in a research report on Tuesday, June 24th. Ten investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, RH presently has a consensus rating of "Hold" and a consensus target price of $270.35.

RH Price Performance

Shares of RH stock traded up $24.36 during trading hours on Friday, reaching $243.15. The company had a trading volume of 1,776,273 shares, compared to its average volume of 975,149. RH has a one year low of $123.03 and a one year high of $457.26. The business has a fifty day simple moving average of $207.38 and a 200 day simple moving average of $223.45. The firm has a market cap of $4.55 billion, a PE ratio of 57.89, a price-to-earnings-growth ratio of 0.71 and a beta of 2.16.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.20. The company had revenue of $813.95 million during the quarter, compared to analyst estimates of $817.66 million. RH had a negative return on equity of 67.71% and a net margin of 2.57%.The firm's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the company earned ($0.40) earnings per share. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. On average, research analysts forecast that RH will post 4.39 EPS for the current year.

About RH

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.