Eisler Capital Management Ltd. Boosts Stake in RH $RH

Key Points

• Eisler Capital Management Ltd. significantly increased its stake in RH by 498.1% in the first quarter, owning 35,162 shares worth approximately $8.24 million as of its recent SEC filing.
• Several other institutional investors also expanded their holdings in RH during the same period, contributing to institutional investors owning 90.17% of the company's stock.
• RH reported earnings of $0.13 per share for the last quarter, surpassing analysts' expectations, while its revenue increased by 12% compared to the previous year.

Eisler Capital Management Ltd. raised its holdings in RH (NYSE:RH - Free Report) by 498.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,162 shares of the company's stock after purchasing an additional 29,283 shares during the quarter. Eisler Capital Management Ltd. owned 0.19% of RH worth $8,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank raised its holdings in shares of RH by 59.6% in the 1st quarter. Comerica Bank now owns 7,376 shares of the company's stock valued at $1,729,000 after buying an additional 2,753 shares during the period. MetLife Investment Management LLC boosted its position in shares of RH by 545.4% during the 1st quarter. MetLife Investment Management LLC now owns 55,290 shares of the company's stock worth $12,961,000 after acquiring an additional 46,723 shares in the last quarter. Jump Financial LLC boosted its position in shares of RH by 7,670.1% during the 1st quarter. Jump Financial LLC now owns 44,911 shares of the company's stock worth $10,528,000 after acquiring an additional 44,333 shares in the last quarter. BlackBarn Capital Partners LP acquired a new position in shares of RH during the 1st quarter worth about $7,032,000. Finally, AlphaQuest LLC purchased a new stake in shares of RH in the 1st quarter valued at about $29,000. Hedge funds and other institutional investors own 90.17% of the company's stock.

RH Trading Down 4.2%

Shares of RH stock opened at $221.14 on Wednesday. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The stock has a market capitalization of $4.14 billion, a P/E ratio of 52.65, a PEG ratio of 0.67 and a beta of 2.16. The business's fifty day moving average price is $208.97 and its 200 day moving average price is $220.95.

RH (NYSE:RH - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share for the quarter, beating analysts' consensus estimates of ($0.07) by $0.20. RH had a negative return on equity of 67.71% and a net margin of 2.57%.The firm had revenue of $813.95 million for the quarter, compared to analysts' expectations of $817.66 million. During the same quarter last year, the firm earned ($0.40) earnings per share. The firm's revenue for the quarter was up 12.0% compared to the same quarter last year. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts predict that RH will post 4.39 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on RH shares. Wall Street Zen raised RH from a "sell" rating to a "hold" rating in a report on Thursday, May 22nd. Wells Fargo & Company set a $275.00 target price on RH in a research note on Friday, June 13th. Robert W. Baird increased their target price on RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. Guggenheim reiterated a "buy" rating and issued a $300.00 price objective on shares of RH in a research report on Wednesday, July 2nd. Finally, Zelman & Associates decreased their price objective on shares of RH from $305.00 to $251.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 9th. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, RH presently has a consensus rating of "Hold" and an average price target of $270.35.

About RH

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.

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