15,783,038 Shares in Sally Beauty Holdings, Inc. $SBH Acquired by BlackRock Inc.

Key Points

• BlackRock acquired 15.8 million Sally Beauty shares in the second quarter, worth approximately $223.2 million, giving it an estimated 16.86% ownership stake.
• Sally Beauty reported quarterly EPS of $0.55, beating estimates of $0.53, while revenue rose 0.3% year over year to $935.5 million. The company reaffirmed fiscal 2026 EPS guidance of $2.04–$2.08.
• Analyst sentiment remains mixed, with the stock carrying a consensus “Hold” rating and a $17.40 average price target; meanwhile, the CFO sold 42,771 shares and insiders own about 2% of the company.

BlackRock Inc. acquired a new position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,783,038 shares of the specialty retailer's stock, valued at approximately $223,172,000. BlackRock Inc. owned approximately 16.86% of Sally Beauty as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Mariner LLC raised its holdings in shares of Sally Beauty by 6.1% during the fourth quarter. Mariner LLC now owns 15,400 shares of the specialty retailer's stock valued at $220,000 after acquiring an additional 890 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Sally Beauty by 0.6% in the 4th quarter. Russell Investments Group Ltd. now owns 183,249 shares of the specialty retailer's stock valued at $2,613,000 after acquiring an additional 1,081 shares in the last quarter. Versant Capital Management Inc boosted its stake in Sally Beauty by 27.2% in the 2nd quarter. Versant Capital Management Inc now owns 5,096 shares of the specialty retailer's stock worth $72,000 after purchasing an additional 1,089 shares during the period. CWM LLC boosted its stake in Sally Beauty by 11.3% in the 4th quarter. CWM LLC now owns 14,693 shares of the specialty retailer's stock worth $210,000 after purchasing an additional 1,490 shares during the period. Finally, Larson Financial Group LLC grew its position in Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer's stock worth $31,000 after purchasing an additional 1,519 shares in the last quarter.

Sally Beauty Price Performance

Shares of NYSE:SBH opened at $16.47 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.92. Sally Beauty Holdings, Inc. has a 1 year low of $11.54 and a 1 year high of $17.92. The business has a fifty day simple moving average of $15.27 and a 200 day simple moving average of $14.48. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of 8.58 and a beta of 1.03.

Sally Beauty (NYSE:SBH - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The firm had revenue of $935.49 million during the quarter, compared to analysts' expectations of $938.45 million. During the same quarter last year, the firm earned $0.51 earnings per share. The business's revenue for the quarter was up .3% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, sell-side analysts predict that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Morgan Stanley decreased their price objective on Sally Beauty from $16.00 to $13.00 and set an "underweight" rating for the company in a research report on Tuesday, May 12th. TD Cowen lifted their target price on Sally Beauty from $17.00 to $19.00 and gave the company a "buy" rating in a research note on Tuesday, August 4th. Finally, Weiss Ratings upgraded Sally Beauty from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, July 28th. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Sally Beauty presently has an average rating of "Hold" and a consensus price target of $17.40.

Insider Activity at Sally Beauty

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the transaction, the chief financial officer owned 138,145 shares in the company, valued at approximately $1,754,441.50. This represents a 23.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 2.00% of the company's stock.

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.

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