Fox Run Management L.L.C. Purchases New Shares in Arhaus, Inc. $ARHS

Key Points

• Fox Run Management L.L.C. has acquired a new stake in Arhaus, Inc., purchasing 32,344 shares valued at approximately $281,000.
• Arhaus reported earnings of $0.25 per share for the last quarter, exceeding analysts' expectations of $0.15, with revenue rising 15.6% year-over-year.
• The stock of Arhaus, Inc. saw an increase of 1.4%, with a current market capitalization of $1.77 billion and a twelve-month high of $13.97.

Fox Run Management L.L.C. acquired a new stake in Arhaus, Inc. (NASDAQ:ARHS - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 32,344 shares of the company's stock, valued at approximately $281,000.

A number of other hedge funds also recently added to or reduced their stakes in the business. Geode Capital Management LLC grew its stake in shares of Arhaus by 1.0% in the fourth quarter. Geode Capital Management LLC now owns 1,219,876 shares of the company's stock worth $11,470,000 after acquiring an additional 11,895 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Arhaus by 46.9% in the fourth quarter. Wells Fargo & Company MN now owns 24,828 shares of the company's stock valued at $233,000 after purchasing an additional 7,925 shares during the period. Envestnet Asset Management Inc. acquired a new position in Arhaus during the 4th quarter worth $539,000. Legal & General Group Plc increased its holdings in Arhaus by 4.3% during the 4th quarter. Legal & General Group Plc now owns 37,440 shares of the company's stock worth $352,000 after purchasing an additional 1,531 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in Arhaus during the 4th quarter worth about $530,000. 27.88% of the stock is currently owned by institutional investors and hedge funds.

Arhaus Stock Performance

NASDAQ ARHS traded down $0.41 during trading hours on Monday, hitting $12.00. The company had a trading volume of 1,711,043 shares, compared to its average volume of 2,425,434. The business has a 50 day moving average of $9.81 and a 200-day moving average of $9.31. The company has a market cap of $1.69 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 7.07 and a beta of 2.56. Arhaus, Inc. has a 1-year low of $6.61 and a 1-year high of $13.97. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 1.33.

Arhaus (NASDAQ:ARHS - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.10. The business had revenue of $358.44 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts expect that Arhaus, Inc. will post 0.46 EPS for the current year.

Analyst Ratings Changes

Several brokerages have recently issued reports on ARHS. Piper Sandler reiterated a "neutral" rating and issued a $11.00 price objective (up previously from $9.00) on shares of Arhaus in a research note on Friday, August 8th. Telsey Advisory Group reiterated a "market perform" rating and issued a $10.00 price target on shares of Arhaus in a research note on Monday, August 4th. Loop Capital lowered their price target on shares of Arhaus from $12.00 to $8.00 and set a "hold" rating for the company in a report on Friday, May 9th. Cowen restated a "buy" rating on shares of Arhaus in a report on Friday, August 8th. Finally, Stifel Nicolaus lifted their price objective on shares of Arhaus from $10.00 to $14.00 and gave the stock a "buy" rating in a research report on Friday, August 15th. Four research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $10.83.

About Arhaus

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.