Jacobs Levy Equity Management Inc. Purchases New Shares in RH $RH

Key Points

• Jacobs Levy Equity Management Inc. has invested approximately $778,000 in RH by purchasing 3,318 shares during the 1st quarter.
• Institutional investors hold 90.17% of RH's stock, indicating strong institutional interest and involvement.
• After missing earnings expectations with reported earnings of $2.93 per share, RH's consensus rating is currently a "Hold" with a target price of $259.29.

Jacobs Levy Equity Management Inc. acquired a new position in RH (NYSE:RH - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,318 shares of the company's stock, valued at approximately $778,000.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. ProShare Advisors LLC grew its stake in shares of RH by 7.5% in the fourth quarter. ProShare Advisors LLC now owns 700 shares of the company's stock worth $276,000 after acquiring an additional 49 shares during the last quarter. Sunbelt Securities Inc. grew its stake in shares of RH by 690.0% in the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock worth $31,000 after acquiring an additional 69 shares during the last quarter. Xponance Inc. grew its stake in shares of RH by 4.0% in the first quarter. Xponance Inc. now owns 2,067 shares of the company's stock worth $485,000 after acquiring an additional 80 shares during the last quarter. Invst LLC grew its stake in shares of RH by 4.1% in the fourth quarter. Invst LLC now owns 2,342 shares of the company's stock worth $922,000 after acquiring an additional 93 shares during the last quarter. Finally, State of Michigan Retirement System grew its stake in shares of RH by 2.8% in the first quarter. State of Michigan Retirement System now owns 3,615 shares of the company's stock worth $847,000 after acquiring an additional 100 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

RH Stock Performance

Shares of NYSE:RH traded up $5.47 on Monday, hitting $223.09. The stock had a trading volume of 986,804 shares, compared to its average volume of 1,262,546. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The firm's 50 day moving average price is $218.86 and its 200-day moving average price is $206.62. The company has a market capitalization of $4.18 billion, a price-to-earnings ratio of 41.54, a price-to-earnings-growth ratio of 2.09 and a beta of 2.15.

RH (NYSE:RH - Get Free Report) last issued its earnings results on Thursday, September 11th. The company reported $2.93 EPS for the quarter, missing the consensus estimate of $3.22 by ($0.29). RH had a net margin of 3.20% and a negative return on equity of 113.58%. The firm had revenue of $899.15 million during the quarter, compared to analyst estimates of $906.58 million. During the same quarter in the prior year, the firm posted $1.69 EPS. The firm's revenue for the quarter was up 8.4% on a year-over-year basis. RH has set its Q3 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

RH has been the topic of a number of recent research reports. Guggenheim reiterated a "buy" rating and set a $300.00 price target on shares of RH in a research note on Friday. The Goldman Sachs Group downgraded shares of RH from a "neutral" rating to a "sell" rating and decreased their price target for the stock from $199.00 to $179.00 in a research note on Tuesday, June 24th. Robert W. Baird lifted their price target on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a research note on Monday, June 16th. Stifel Nicolaus decreased their price target on shares of RH from $390.00 to $320.00 and set a "buy" rating on the stock in a research note on Friday. Finally, UBS Group decreased their price target on shares of RH from $235.00 to $215.00 and set a "neutral" rating on the stock in a research note on Thursday, June 5th. Ten analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company's stock. According to data from MarketBeat, RH currently has an average rating of "Hold" and an average price target of $259.29.

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.