Dimensional Fund Advisors LP Purchases 185,208 Shares of Arhaus, Inc. $ARHS

Key Points

• Dimensional Fund Advisors increased its Arhaus stake by 18.6%, purchasing 185,208 additional shares to hold 1.18 million shares, or 0.84% of the company. Institutional investors collectively own 27.88% of Arhaus.
• Arhaus reported quarterly earnings of $0.28 per share, beating estimates of $0.16, while revenue rose 7.5% year over year to $384.9 million, above expectations.
• Analysts remain cautious: Arhaus has a consensus “Hold” rating and an average price target of $10.12, while shares recently opened at $9.44 after trading between $5.57 and $12.93 over the past year.

Dimensional Fund Advisors LP lifted its position in shares of Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 18.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,179,268 shares of the company's stock after purchasing an additional 185,208 shares during the quarter. Dimensional Fund Advisors LP owned 0.84% of Arhaus worth $7,994,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wasatch Advisors LP increased its position in shares of Arhaus by 6.8% in the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company's stock valued at $110,137,000 after buying an additional 811,337 shares in the last quarter. Vanguard Group Inc. grew its stake in Arhaus by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company's stock valued at $57,653,000 after acquiring an additional 72,346 shares during the period. Bank of America Corp DE grew its stake in Arhaus by 9.4% in the second quarter. Bank of America Corp DE now owns 3,213,288 shares of the company's stock valued at $27,859,000 after acquiring an additional 275,835 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Arhaus by 10.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company's stock worth $19,662,000 after acquiring an additional 169,200 shares in the last quarter. Finally, UBS Group AG increased its holdings in shares of Arhaus by 43.3% in the fourth quarter. UBS Group AG now owns 1,098,150 shares of the company's stock worth $12,310,000 after acquiring an additional 331,961 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company's stock.

Arhaus Trading Down 1.7%

Shares of Arhaus stock opened at $9.44 on Tuesday. Arhaus, Inc. has a 12-month low of $5.57 and a 12-month high of $12.93. The stock has a market cap of $1.34 billion, a P/E ratio of 18.88, a P/E/G ratio of 3.30 and a beta of 2.29. The company has a quick ratio of 0.60, a current ratio of 1.33 and a debt-to-equity ratio of 0.13. The business's 50 day moving average is $7.69 and its 200-day moving average is $7.76.

Arhaus (NASDAQ:ARHS - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.12. The business had revenue of $384.90 million during the quarter, compared to analysts' expectations of $365.66 million. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The firm's revenue was up 7.5% on a year-over-year basis. During the same period last year, the business earned $0.25 earnings per share. Equities research analysts predict that Arhaus, Inc. will post 0.49 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently weighed in on ARHS shares. Guggenheim cut their price objective on Arhaus from $14.00 to $12.00 and set a "buy" rating on the stock in a report on Friday, May 8th. Wall Street Zen upgraded shares of Arhaus from a "sell" rating to a "hold" rating in a report on Monday, July 20th. Piper Sandler lifted their price target on shares of Arhaus from $8.00 to $9.00 and gave the company a "neutral" rating in a research note on Friday. Weiss Ratings reissued a "hold (c-)" rating on shares of Arhaus in a research report on Wednesday, June 17th. Finally, TD Cowen dropped their price objective on shares of Arhaus from $9.00 to $8.00 and set a "buy" rating on the stock in a report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $10.12.

Arhaus Company Profile

Arhaus NASDAQ: ARHS is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.

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