Mangrove Partners IM LLC Invests $1.25 Million in Sally Beauty Holdings, Inc. $SBH

Key Points

• Mangrove Partners IM LLC bought 77,006 shares of Sally Beauty (~$1.25M), about 0.08% of the company, while other institutions made larger moves — notably Schroder opened a new stake of roughly $160.5M and Arrowstreet increased its position to ~1.35M shares (~$22M).
• Analyst sentiment is mixed: the consensus is a Hold with a $17.80 average target, though several firms (Raymond James, TD Cowen, Canaccord) have upgraded coverage or raised targets up to $20.
• Sally Beauty slightly beat quarterly EPS estimates ($0.48 vs. $0.47) and issued FY2026 guidance of 2.02–2.10 EPS; the stock trades near $14.52 with a $1.41B market cap and a P/E of 8.25.

Mangrove Partners IM LLC bought a new stake in Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 77,006 shares of the specialty retailer's stock, valued at approximately $1,254,000. Mangrove Partners IM LLC owned approximately 0.08% of Sally Beauty as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. iSAM Funds UK Ltd acquired a new position in Sally Beauty during the 3rd quarter worth approximately $35,000. Arrowstreet Capital Limited Partnership grew its position in Sally Beauty by 10.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,350,980 shares of the specialty retailer's stock valued at $21,994,000 after acquiring an additional 130,820 shares in the last quarter. BNP Paribas Financial Markets grew its position in Sally Beauty by 36.9% in the third quarter. BNP Paribas Financial Markets now owns 242,652 shares of the specialty retailer's stock valued at $3,950,000 after acquiring an additional 65,360 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Sally Beauty by 252.4% during the third quarter. Russell Investments Group Ltd. now owns 182,168 shares of the specialty retailer's stock valued at $2,966,000 after purchasing an additional 130,480 shares during the period. Finally, Schroder Investment Management Group purchased a new stake in shares of Sally Beauty during the third quarter valued at approximately $160,495,000.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on SBH. Raymond James Financial upgraded shares of Sally Beauty from a "market perform" rating to an "outperform" rating and set a $19.00 target price for the company in a research note on Wednesday, January 21st. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Sally Beauty in a research note on Friday, January 9th. TD Cowen boosted their price objective on shares of Sally Beauty from $17.00 to $18.00 and gave the stock a "buy" rating in a report on Wednesday, January 21st. Morgan Stanley upped their price objective on shares of Sally Beauty from $14.00 to $16.00 and gave the company an "underweight" rating in a research report on Tuesday, February 10th. Finally, Canaccord Genuity Group raised their target price on Sally Beauty from $19.00 to $20.00 and gave the company a "buy" rating in a research note on Tuesday, February 10th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $17.80.

Sally Beauty Stock Performance

Shares of SBH opened at $14.52 on Friday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 8.25 and a beta of 1.14. The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 1.02. The business's 50 day moving average is $15.64 and its two-hundred day moving average is $15.24. Sally Beauty Holdings, Inc. has a 52-week low of $7.54 and a 52-week high of $17.92.

Sally Beauty (NYSE:SBH - Get Free Report) last released its quarterly earnings results on Monday, February 9th. The specialty retailer reported $0.48 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.01. The business had revenue of $943.17 million during the quarter, compared to the consensus estimate of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The business's quarterly revenue was up .6% compared to the same quarter last year. During the same quarter last year, the company earned $0.43 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.020-2.100 EPS and its Q2 2026 guidance at 0.390-0.420 EPS. Analysts forecast that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

Sally Beauty Company 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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