RH $RH Stake Increased by Nixon Capital LLC

Key Points

• Nixon Capital LLC increased its stake in RH by 7.8% during the first quarter, now owning 27,529 shares valued at approximately $6.45 million, constituting 2.2% of its portfolio.
• RH reported a quarterly earnings per share (EPS) of $0.13, surpassing the analyst consensus estimate of a loss of $0.07, while its revenue increased by 12.0% year-over-year.
• Institutional investors now control 90.17% of RH's stock, with notable increases in positions from firms like Vanguard Group and Atreides Management.

Nixon Capital LLC raised its holdings in shares of RH (NYSE:RH - Free Report) by 7.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,529 shares of the company's stock after purchasing an additional 1,999 shares during the period. RH comprises about 2.2% of Nixon Capital LLC's portfolio, making the stock its 19th largest holding. Nixon Capital LLC owned approximately 0.15% of RH worth $6,453,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in RH by 0.6% during the first quarter. Vanguard Group Inc. now owns 1,409,962 shares of the company's stock valued at $330,509,000 after purchasing an additional 7,952 shares during the last quarter. Atreides Management LP increased its stake in RH by 69.1% during the first quarter. Atreides Management LP now owns 473,321 shares of the company's stock valued at $110,951,000 after purchasing an additional 193,404 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in RH by 5.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 258,331 shares of the company's stock valued at $61,757,000 after purchasing an additional 12,460 shares during the last quarter. Invesco Ltd. increased its stake in RH by 38.2% during the first quarter. Invesco Ltd. now owns 248,449 shares of the company's stock valued at $58,239,000 after purchasing an additional 68,629 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in RH by 1.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 190,843 shares of the company's stock valued at $44,736,000 after purchasing an additional 3,144 shares during the last quarter. Institutional investors own 90.17% of the company's stock.

RH Trading Up 6.3%

Shares of NYSE RH opened at $235.25 on Friday. RH has a twelve month low of $123.03 and a twelve month high of $457.26. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 56.01, a PEG ratio of 0.64 and a beta of 2.15. The firm has a 50-day moving average of $214.33 and a two-hundred day moving average of $214.46.

RH (NYSE:RH - Get Free Report) last posted its quarterly earnings data on Thursday, June 12th. The company reported $0.13 EPS for the quarter, beating analysts' consensus estimates of ($0.07) by $0.20. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The company had revenue of $813.95 million during the quarter, compared to analyst estimates of $817.66 million. During the same period in the prior year, the firm earned ($0.40) earnings per share. The business's quarterly 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 predict that RH will post 4.39 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research firms have recently commented on RH. Bank of America upped their price target on shares of RH from $144.00 to $172.00 and gave the stock an "underperform" rating in a research report on Wednesday, May 14th. The Goldman Sachs Group lowered shares of RH from a "neutral" rating to a "sell" rating and lowered their price target for the stock from $199.00 to $179.00 in a research report on Tuesday, June 24th. Citigroup upped their price target on shares of RH from $200.00 to $233.00 and gave the stock a "neutral" rating in a research report on Wednesday. UBS Group lowered their price target on shares of RH from $235.00 to $215.00 and set a "neutral" rating for the company in a research report on Thursday, June 5th. Finally, Robert W. Baird upped their price target on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a research report on Monday, June 16th. Ten equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $272.29.

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.

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