Invesco Ltd. Lowers Holdings in Arhaus, Inc. $ARHS

Key Points

• Invesco Ltd. reduced its stake in Arhaus, Inc. by 29.8% during the first quarter, holding approximately 1,345,713 shares after selling 571,907 shares.
• Multiple analysts have given Arhaus, Inc. a mix of ratings, with a consensus average rating of "Hold" and an average target price of $10.83.
• Arhaus reported a 15.6% revenue increase year-over-year, posting earnings of $0.25 EPS against an estimated $0.15.

Invesco Ltd. lessened its stake in Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 29.8% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,345,713 shares of the company's stock after selling 571,907 shares during the quarter. Invesco Ltd. owned about 0.96% of Arhaus worth $11,708,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rhumbline Advisers grew its position in Arhaus by 3.2% in the first quarter. Rhumbline Advisers now owns 73,761 shares of the company's stock valued at $642,000 after acquiring an additional 2,255 shares during the last quarter. Stifel Financial Corp grew its position in Arhaus by 61.0% in the fourth quarter. Stifel Financial Corp now owns 75,927 shares of the company's stock valued at $714,000 after acquiring an additional 28,761 shares during the last quarter. ProShare Advisors LLC bought a new position in Arhaus in the fourth quarter valued at about $136,000. Dimensional Fund Advisors LP grew its position in Arhaus by 2.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 844,362 shares of the company's stock valued at $7,937,000 after acquiring an additional 20,457 shares during the last quarter. Finally, GAMMA Investing LLC grew its position in Arhaus by 1,158.4% in the first quarter. GAMMA Investing LLC now owns 9,614 shares of the company's stock valued at $840,000 after acquiring an additional 8,850 shares during the last quarter. Institutional investors and hedge funds own 27.88% of the company's stock.

Arhaus Trading Down 3.0%

Shares of ARHS stock traded down $0.36 during trading hours on Thursday, reaching $11.64. The company's stock had a trading volume of 779,344 shares, compared to its average volume of 1,969,481. The stock has a market capitalization of $1.64 billion, a P/E ratio of 23.27, a P/E/G ratio of 6.73 and a beta of 2.56. Arhaus, Inc. has a one year low of $6.61 and a one year high of $13.97. The firm's fifty day simple moving average is $9.94 and its 200 day simple moving average is $9.35. The company has a current ratio of 1.33, a quick ratio of 0.61 and a debt-to-equity ratio of 0.14.

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

Analysts Set New Price Targets

A number of research firms have issued reports on ARHS. Loop Capital decreased their target price on Arhaus from $12.00 to $8.00 and set a "hold" rating on the stock in a research report on Friday, May 9th. Wall Street Zen upgraded Arhaus from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. Piper Sandler restated a "neutral" rating and set a $11.00 price target (up from $9.00) on shares of Arhaus in a report on Friday, August 8th. Guggenheim reduced their price target on Arhaus from $14.00 to $12.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Finally, Cowen restated a "buy" rating on shares of Arhaus in a report 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. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $10.83.

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.