Sally Beauty Holdings, Inc. $SBH Shares Sold by Intech Investment Management LLC

Key Points

• Intech Investment Management cut its stake in Sally Beauty by 73.9% in Q3, selling 90,224 shares and leaving 31,849 shares valued at about $519,000, indicating notable institutional selling.
• Sally Beauty beat the quarter's estimates with $0.48 EPS (vs. $0.47) and $943.17M revenue (vs. $939.63M), and issued FY2026 guidance of $2.02–$2.10 EPS and Q2 guidance of $0.39–$0.42.
• Analysts are mixed—three Buy, three Hold and one Sell—giving a consensus rating of Hold and a consensus target price of $17.80, while the stock trades around $14.93 with a P/E of 8.48.

Intech Investment Management LLC cut its stake in Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 73.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,849 shares of the specialty retailer's stock after selling 90,224 shares during the period. Intech Investment Management LLC's holdings in Sally Beauty were worth $519,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of SBH. Royal Bank of Canada raised its holdings in shares of Sally Beauty by 150,390.9% in the first quarter. Royal Bank of Canada now owns 33,108 shares of the specialty retailer's stock worth $299,000 after buying an additional 33,086 shares during the last quarter. AQR Capital Management LLC increased its position in shares of Sally Beauty by 53.7% in the 1st quarter. AQR Capital Management LLC now owns 476,966 shares of the specialty retailer's stock valued at $4,188,000 after acquiring an additional 166,637 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Sally Beauty by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 60,595 shares of the specialty retailer's stock worth $547,000 after acquiring an additional 2,026 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Sally Beauty by 10.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 324,906 shares of the specialty retailer's stock worth $2,934,000 after acquiring an additional 31,040 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in Sally Beauty by 24.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 30,322 shares of the specialty retailer's stock worth $281,000 after acquiring an additional 5,941 shares during the period.

Analyst Ratings Changes

Several research firms have weighed in on SBH. Morgan Stanley boosted their price target on Sally Beauty from $14.00 to $16.00 and gave the company an "underweight" rating in a research note on Tuesday, February 10th. Wall Street Zen upgraded Sally Beauty from a "hold" rating to a "buy" rating in a research note on Tuesday. Jefferies Financial Group reaffirmed a "hold" rating and set a $16.00 target price on shares of Sally Beauty in a report on Wednesday, January 14th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Sally Beauty in a report on Friday, January 9th. Finally, Canaccord Genuity Group raised their price target on shares of Sally Beauty from $19.00 to $20.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $17.80.

Sally Beauty Price Performance

NYSE:SBH opened at $14.93 on Thursday. The company has a quick ratio of 0.57, a current ratio of 2.37 and a debt-to-equity ratio of 1.02. Sally Beauty Holdings, Inc. has a 52 week low of $7.54 and a 52 week high of $17.92. The stock's 50-day moving average price is $15.64 and its 200-day moving average price is $15.24. The stock has a market capitalization of $1.45 billion, a PE ratio of 8.48 and a beta of 1.14.

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. Sally Beauty had a return on equity of 26.07% and a net margin of 4.87%.The company had revenue of $943.17 million during the quarter, compared to analysts' expectations of $939.63 million. During the same quarter in the prior year, the firm posted $0.43 EPS. Sally Beauty's quarterly revenue was up .6% compared to the same quarter last year. 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. As a group, equities analysts expect that Sally Beauty Holdings, Inc. will post 1.81 EPS for the current fiscal year.

About Sally Beauty

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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