RH $RH Shares Acquired by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its holdings in shares of RH (NYSE:RH - Free Report) by 1.7% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 190,843 shares of the company's stock after purchasing an additional 3,144 shares during the period. Charles Schwab Investment Management Inc. owned 1.02% of RH worth $44,736,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Sunbelt Securities Inc. increased its holdings in shares of RH by 690.0% during the fourth quarter. Sunbelt Securities Inc. now owns 79 shares of the company's stock valued at $31,000 after acquiring an additional 69 shares in the last quarter. GAMMA Investing LLC grew its holdings in RH by 146.1% during the first quarter. GAMMA Investing LLC now owns 187 shares of the company's stock valued at $44,000 after purchasing an additional 111 shares during the period. NBC Securities Inc. bought a new position in RH in the 1st quarter worth $45,000. Pingora Partners LLC bought a new position in shares of RH in the fourth quarter worth about $79,000. Finally, Golden State Wealth Management LLC boosted its stake in RH by 100.6% in the 1st quarter. Golden State Wealth Management LLC now owns 347 shares of the company's stock worth $81,000 after purchasing an additional 174 shares during the period. Institutional investors own 90.17% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have commented on RH shares. Telsey Advisory Group dropped their price objective on shares of RH from $280.00 to $255.00 and set an "outperform" rating for the company in a report on Monday, June 9th. The Goldman Sachs Group downgraded RH from a "neutral" rating to a "sell" rating and lowered their target price for the company from $199.00 to $179.00 in a research report on Tuesday, June 24th. Wall Street Zen upgraded RH from a "sell" rating to a "hold" rating in a research report on Thursday, May 22nd. Zelman & Associates lowered their price target on shares of RH from $305.00 to $251.00 and set an "outperform" rating for the company in a report on Wednesday, July 9th. Finally, Robert W. Baird raised their target price on shares of RH from $215.00 to $230.00 and gave the stock a "neutral" rating in a report on Monday, June 16th. Ten analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, RH presently has a consensus rating of "Hold" and a consensus price target of $270.35.

RH Stock Up 0.2%

RH stock traded up $0.5150 during mid-day trading on Thursday, reaching $217.1250. 461,599 shares of the company's stock were exchanged, compared to its average volume of 1,302,640. The company has a market cap of $4.07 billion, a P/E ratio of 51.68, a P/E/G ratio of 0.67 and a beta of 2.16. The company has a fifty day moving average of $205.47 and a 200-day moving average of $227.11. RH has a twelve month low of $123.03 and a twelve month high of $457.26.

RH (NYSE:RH - Get Free Report) last issued its earnings results on Thursday, June 12th. The company reported $0.13 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.20. RH had a net margin of 2.57% and a negative return on equity of 67.71%. The firm had revenue of $813.95 million for the quarter, compared to analysts' expectations of $817.66 million. During the same quarter last year, the company earned ($0.40) earnings per share. The firm's revenue was up 12.0% compared to the same quarter last year. RH has set its Q2 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts expect that RH will post 4.39 earnings per share for the current fiscal year.

RH Company 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.