Landscape Capital Management L.L.C. Invests $1.79 Million in Sally Beauty Holdings, Inc. $SBH

Key Points

• Landscape Capital Management purchased 126,946 Sally Beauty shares worth approximately $1.79 million, giving it a 0.14% stake. Several other hedge funds also increased or initiated positions.
• Analyst sentiment remains mixed: Sally Beauty has an average “Hold” rating and a consensus price target of $17.40, with targets ranging from $13 to $19.
• Sally Beauty reported quarterly EPS of $0.55, exceeding estimates by $0.02, while revenue reached $935.5 million and rose 0.3% year over year. The stock opened at $16.58, up 2.2%, but the CFO recently sold 42,771 shares.

Landscape Capital Management L.L.C. purchased a new stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 126,946 shares of the specialty retailer's stock, valued at approximately $1,795,000. Landscape Capital Management L.L.C. owned 0.14% of Sally Beauty as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Osaic Holdings Inc. grew its stake in Sally Beauty by 1,365.0% in the 2nd quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer's stock worth $27,000 after acquiring an additional 2,730 shares in the last quarter. Larson Financial Group LLC raised its stake in shares of Sally Beauty by 392.5% during the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer's stock valued at $31,000 after acquiring an additional 1,519 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Sally Beauty during the second quarter valued at approximately $34,000. iSAM Funds UK Ltd purchased a new stake in shares of Sally Beauty in the third quarter valued at approximately $35,000. Finally, Intesa Sanpaolo Wealth Management purchased a new stake in shares of Sally Beauty in the fourth quarter valued at approximately $36,000.

Wall Street Analysts Forecast Growth

SBH has been the subject of a number of research analyst reports. Wall Street Zen lowered Sally Beauty from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Morgan Stanley cut their price objective on Sally Beauty from $16.00 to $13.00 and set an "underweight" rating on the stock in a report on Tuesday, May 12th. Weiss Ratings upgraded Sally Beauty from a "hold (c)" rating to a "hold (c+)" rating in a research note on Tuesday, July 28th. Finally, TD Cowen lifted their target price on Sally Beauty from $17.00 to $19.00 and gave the stock a "buy" rating in a report on Tuesday, August 4th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $17.40.

Sally Beauty Stock Up 2.2%

Sally Beauty stock opened at $16.58 on Friday. The company has a debt-to-equity ratio of 0.92, a current ratio of 2.37 and a quick ratio of 0.57. The stock has a market capitalization of $1.55 billion, a PE ratio of 8.64 and a beta of 1.03. The business has a 50 day simple moving average of $15.02 and a 200-day simple moving average of $14.49. Sally Beauty Holdings, Inc. has a 12 month low of $11.54 and a 12 month high of $17.92.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 EPS for the quarter, topping the consensus estimate of $0.53 by $0.02. Sally Beauty had a return on equity of 24.36% and a net margin of 5.16%.The company had revenue of $935.49 million during the quarter, compared to analyst estimates of $938.45 million. During the same period in the previous year, the business earned $0.51 EPS. Sally Beauty's quarterly revenue was up .3% on a year-over-year basis. 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 fiscal year.

Insider Activity

In other news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of Sally Beauty stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $12.70, for a total transaction of $543,191.70. Following the sale, the chief financial officer owned 138,145 shares of the company's stock, valued at approximately $1,754,441.50. The trade was a 23.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.00% of the company's stock.

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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