Boston Partners Purchases Shares of 4,557 RH $RH

Key Points

• Boston Partners has made a new investment in RH, acquiring 4,557 shares valued at approximately $1.07 million during the first quarter.
• RH's stock has seen a significant decrease in price, trading down to $216.92, with a market cap of $4.06 billion and a PE ratio of 51.65.
• Analysts have varying opinions on RH, with a consensus price target of $270.35, while the stock is rated as "Hold" and has ten "Buy" ratings.

Boston Partners acquired a new stake in RH (NYSE:RH - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 4,557 shares of the company's stock, valued at approximately $1,068,000.

Several other large investors have also made changes to their positions in the business. Nuveen LLC purchased a new stake in shares of RH in the 1st quarter valued at $6,323,000. Aveo Capital Partners LLC purchased a new position in shares of RH in the first quarter worth about $1,415,000. Entropy Technologies LP purchased a new position in shares of RH in the first quarter worth about $328,000. Invesco Ltd. increased its position in RH by 38.2% during the first quarter. Invesco Ltd. now owns 248,449 shares of the company's stock worth $58,239,000 after purchasing an additional 68,629 shares during the last quarter. Finally, Koa Wealth Management LLC increased its position in shares of RH by 19.7% during the first quarter. Koa Wealth Management LLC now owns 10,430 shares of the company's stock valued at $2,445,000 after acquiring an additional 1,716 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the stock. Bank of America lifted their price target on shares of RH from $144.00 to $172.00 and gave the company an "underperform" rating in a research report on Wednesday, May 14th. Wells Fargo & Company set a $275.00 target price on shares of RH in a report on Friday, June 13th. Robert W. Baird upped their price target on shares of RH from $215.00 to $230.00 and gave the company a "neutral" rating in a research report on Monday, June 16th. Wall Street Zen upgraded shares of RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Finally, Guggenheim restated a "buy" rating and set a $300.00 price objective on shares of RH in a research report on Wednesday, July 2nd. Ten equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $270.35.

RH Price Performance

NYSE RH traded up $25.64 during mid-day trading on Friday, hitting $244.43. The company's stock had a trading volume of 1,023,518 shares, compared to its average volume of 1,303,552. The firm has a market capitalization of $4.58 billion, a P/E ratio of 58.16, a price-to-earnings-growth ratio of 0.63 and a beta of 2.16. The stock's fifty day simple moving average is $206.31 and its two-hundred day simple moving average is $225.89. RH has a 52-week low of $123.03 and a 52-week high of $457.26.

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 analysts' consensus estimates of ($0.07) by $0.20. The company had revenue of $813.95 million for the quarter, compared to analyst estimates of $817.66 million. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The business's quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the firm posted ($0.40) earnings per share. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities analysts forecast that RH will post 4.39 earnings per share for the current fiscal year.

RH Profile

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.