3,597 Shares in RH $RH Acquired by Fox Run Management L.L.C.

Key Points

• Fox Run Management L.L.C. has acquired a new stake in RH, purchasing 3,597 shares valued at approximately $843,000 during the first quarter.
• RH reported earnings of $0.13 per share for the last quarter, exceeding expectations significantly and marking a substantial improvement from the previous year's loss.
• Despite positive earnings, RH has seen mixed ratings from analysts, with three ratings of "sell" and ten of "buy," highlighting a diverse outlook on the company's future performance.

Fox Run Management L.L.C. purchased a new position in shares of RH (NYSE:RH - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,597 shares of the company's stock, valued at approximately $843,000.

Several other large investors have also recently made changes to their positions in RH. Victory Capital Management Inc. increased its position in shares of RH by 225.8% during the first quarter. Victory Capital Management Inc. now owns 165,127 shares of the company's stock worth $38,707,000 after purchasing an additional 114,443 shares in the last quarter. Freestone Grove Partners LP purchased a new stake in RH in the 4th quarter valued at $44,744,000. Schonfeld Strategic Advisors LLC grew its holdings in RH by 2,075.7% in the 4th quarter. Schonfeld Strategic Advisors LLC now owns 100,016 shares of the company's stock valued at $39,365,000 after buying an additional 95,419 shares in the last quarter. Wolf Hill Capital Management LP grew its holdings in RH by 160.3% in the 4th quarter. Wolf Hill Capital Management LP now owns 150,294 shares of the company's stock valued at $59,154,000 after buying an additional 92,565 shares in the last quarter. Finally, Kettle Hill Capital Management LLC grew its holdings in RH by 1,094.5% in the 4th quarter. Kettle Hill Capital Management LLC now owns 83,948 shares of the company's stock valued at $33,041,000 after buying an additional 76,920 shares in the last quarter. 90.17% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

RH has been the subject of several analyst reports. The Goldman Sachs Group cut RH from a "neutral" rating to a "sell" rating and dropped their target price for the company from $199.00 to $179.00 in a report on Tuesday, June 24th. Robert W. Baird upped their target price on RH from $215.00 to $230.00 and gave the company a "neutral" rating in a report on Monday, June 16th. Wells Fargo & Company set a $275.00 target price on RH in a report on Friday, June 13th. Telsey Advisory Group dropped their target price on RH from $280.00 to $255.00 and set an "outperform" rating for the company in a report on Monday, June 9th. Finally, Wall Street Zen raised RH from a "sell" rating to a "hold" rating in a research note on Thursday, May 22nd. Ten analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $270.35.

RH Trading Down 6.3%

RH traded down $14.6710 during mid-day trading on Wednesday, hitting $216.8590. 926,854 shares of the stock were exchanged, compared to its average volume of 1,304,755. The firm's fifty day moving average is $204.72 and its two-hundred day moving average is $227.18. RH has a 1-year low of $123.03 and a 1-year high of $457.26. The company has a market cap of $4.06 billion, a PE ratio of 51.63, a PEG ratio of 0.67 and a beta of 2.16.

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

RH Profile

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.