Hsbc Holdings PLC Buys 108,926 Shares of Sally Beauty Holdings, Inc. $SBH

Key Points

• Hsbc Holdings PLC increased its Sally Beauty stake by 58.5% in the second quarter, acquiring 108,926 additional shares for a total of 295,219 shares worth approximately $4.17 million.
• Sally Beauty reported quarterly EPS of $0.55, beating estimates of $0.53, while revenue reached $935.49 million and rose 0.3% year over year. The company reiterated fiscal 2026 EPS guidance of $2.04–$2.08.
• SBH shares opened at $15.79, with analysts holding a consensus “Hold” rating and an average price target of $17.40; TD Cowen recently raised its target to $19 and assigned a “Buy” rating.

Hsbc Holdings PLC raised its stake in Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 58.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 295,219 shares of the specialty retailer's stock after buying an additional 108,926 shares during the period. Hsbc Holdings PLC owned about 0.32% of Sally Beauty worth $4,166,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in SBH. Larson Financial Group LLC increased its holdings in Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer's stock worth $31,000 after purchasing an additional 1,519 shares during the period. iSAM Funds UK Ltd bought a new stake in shares of Sally Beauty in the third quarter valued at about $35,000. Intesa Sanpaolo Wealth Management purchased a new stake in Sally Beauty in the fourth quarter worth about $36,000. KBC Group NV purchased a new position in Sally Beauty during the 1st quarter valued at about $39,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Sally Beauty by 1,365.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer's stock valued at $27,000 after purchasing an additional 2,730 shares in the last quarter.

Sally Beauty Stock Performance

SBH opened at $15.79 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.57 and a debt-to-equity ratio of 0.92. Sally Beauty Holdings, Inc. has a 12-month low of $11.54 and a 12-month high of $17.92. The firm has a 50 day moving average of $15.74 and a two-hundred day moving average of $14.51. The firm has a market capitalization of $1.48 billion, a PE ratio of 8.22 and a beta of 1.05.

Sally Beauty (NYSE:SBH - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts' consensus estimates of $0.53 by $0.02. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The firm had revenue of $935.49 million for the quarter, compared to analyst estimates of $938.45 million. During the same quarter in the prior year, the business earned $0.51 earnings per share. The business's quarterly revenue was up .3% compared to the same quarter last year. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. On average, analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 EPS for the current year.

Analyst Upgrades and Downgrades

SBH has been the subject of several recent research reports. Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of Sally Beauty from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, July 28th. Finally, TD Cowen increased their price target on shares of Sally Beauty from $17.00 to $19.00 and gave the company a "buy" rating in a research report on Tuesday, August 4th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $17.40.

Sally Beauty Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.

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