Algert Global LLC Buys 145,660 Shares of Arhaus, Inc. $ARHS

Key Points

• Algert Global LLC increased its holdings in Arhaus, Inc. by 272.9% in Q1, owning 199,042 shares worth approximately $1.73 million.
• Arhaus reported a quarterly net margin of 5.33% and a revenue of $358.44 million for the quarter, exceeding analyst estimates.
• The stock has a current average rating of "Hold" with a price target of $10.83, as rated by multiple analysts.

Algert Global LLC raised its stake in shares of Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 272.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 199,042 shares of the company's stock after buying an additional 145,660 shares during the quarter. Algert Global LLC owned about 0.14% of Arhaus worth $1,732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Rhumbline Advisers raised its stake in shares of Arhaus by 3.2% during the first quarter. Rhumbline Advisers now owns 73,761 shares of the company's stock worth $642,000 after purchasing an additional 2,255 shares during the last quarter. Stifel Financial Corp raised its position in shares of Arhaus by 61.0% during the fourth quarter. Stifel Financial Corp now owns 75,927 shares of the company's stock worth $714,000 after purchasing an additional 28,761 shares during the period. ProShare Advisors LLC purchased a new position in Arhaus in the fourth quarter valued at about $136,000. Dimensional Fund Advisors LP lifted its position in shares of Arhaus by 2.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 844,362 shares of the company's stock worth $7,937,000 after purchasing an additional 20,457 shares during the last quarter. Finally, GAMMA Investing LLC raised its holdings in shares of Arhaus by 1,158.4% in the 1st quarter. GAMMA Investing LLC now owns 9,614 shares of the company's stock worth $840,000 after buying an additional 8,850 shares in the last quarter. 27.88% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have issued reports on ARHS shares. Morgan Stanley lifted their price target on Arhaus from $10.00 to $12.50 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Wall Street Zen raised shares of Arhaus from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. Raymond James Financial began coverage on shares of Arhaus in a research note on Monday, June 9th. They set a "market perform" rating on the stock. Stifel Nicolaus upped their target price on shares of Arhaus from $10.00 to $14.00 and gave the company a "buy" rating in a report on Friday, August 15th. Finally, Cowen reaffirmed a "buy" rating on shares of Arhaus in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to data from MarketBeat, Arhaus currently has a consensus rating of "Hold" and an average target price of $10.83.

Arhaus Price Performance

Shares of Arhaus stock traded up $0.12 on Wednesday, hitting $11.94. The company's stock had a trading volume of 303,069 shares, compared to its average volume of 1,969,935. The company has a market capitalization of $1.68 billion, a P/E ratio of 23.88, a price-to-earnings-growth ratio of 6.84 and a beta of 2.56. The company has a quick ratio of 0.61, a current ratio of 1.33 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average price of $9.87 and a 200-day moving average price of $9.33. Arhaus, Inc. has a 52-week low of $6.61 and a 52-week high of $13.97.

Arhaus (NASDAQ:ARHS - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.10. The business had revenue of $358.44 million for the quarter, compared to analyst estimates of $333.39 million. Arhaus had a net margin of 5.33% and a return on equity of 20.08%. The company's revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, equities research analysts expect that Arhaus, Inc. will post 0.46 earnings per share for the current fiscal year.

Arhaus Company Profile

Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.