Teacher Retirement System of Texas Decreases Stock Position in Sally Beauty Holdings, Inc. $SBH

Key Points

• Teacher Retirement System of Texas cut its stake in Sally Beauty by 51% in Q4, selling 295,303 shares and leaving 283,267 shares (about 0.29% of the company) valued at roughly $4.04 million.
• Sally Beauty topped quarterly estimates with $0.48 EPS on $943.17 million in revenue and issued FY2026 EPS guidance of 2.020–2.100 (Q2 guidance 0.390–0.420), while analysts forecast about $2.07 EPS for the year.
• Brokerages have raised targets and ratings (e.g., Canaccord to $20, TD Cowen to $18, Raymond James to $19), but the MarketBeat consensus remains a Hold with a $17.80 target.

Teacher Retirement System of Texas trimmed its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH - Free Report) by 51.0% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 283,267 shares of the specialty retailer's stock after selling 295,303 shares during the quarter. Teacher Retirement System of Texas owned approximately 0.29% of Sally Beauty worth $4,039,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SBH. Osaic Holdings Inc. grew its holdings in shares of Sally Beauty by 1,365.0% during the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer's stock worth $27,000 after buying an additional 2,730 shares in the last quarter. Larson Financial Group LLC lifted its stake in shares of Sally Beauty by 392.5% in the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer's stock worth $31,000 after buying an additional 1,519 shares in the last quarter. Raymond James Financial Inc. acquired a new position in Sally Beauty during the second quarter worth about $34,000. iSAM Funds UK Ltd acquired a new position in Sally Beauty during the third quarter worth about $35,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Sally Beauty during the 3rd quarter valued at about $119,000.

Sally Beauty Price Performance

Sally Beauty stock opened at $14.24 on Tuesday. The company's 50 day simple moving average is $14.58 and its 200-day simple moving average is $15.00. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.57 and a current ratio of 2.37. Sally Beauty Holdings, Inc. has a 1 year low of $7.68 and a 1 year high of $17.92. The company has a market capitalization of $1.38 billion, a price-to-earnings ratio of 8.09 and a beta of 1.12.

Sally Beauty (NYSE:SBH - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $943.17 million during the quarter, compared to analysts' expectations of $939.63 million. Sally Beauty had a net margin of 4.87% and a return on equity of 26.07%. The firm's quarterly revenue was up .6% on a year-over-year basis. During the same quarter last year, the company posted $0.43 EPS. 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 research analysts expect that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current year.

Analysts Set New Price Targets

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

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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