UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Reduces Stock Holdings in RH $RH

Key Points

• UBS Asset Management cut its RH stake by 31.4% in the second quarter, selling 11,159 shares and retaining 24,345 shares valued at approximately $4.01 million. Institutional investors collectively own 90.17% of RH.
• RH shares have fallen 22.4% this month amid concerns about margin pressure, housing-market weakness, supply disruptions and overseas startup costs. Analysts expect roughly $914.2 million in quarterly revenue and $0.42 in adjusted EPS.
• Analyst sentiment remains cautious, with RH carrying a consensus “Hold” rating and an average price target of $173.36. Director Carlos Alberini made a $1.83 million purchase, while insiders have sold $21.86 million of stock over the past 90 days.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in shares of RH (NYSE:RH - Free Report) by 31.4% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,345 shares of the company's stock after selling 11,159 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.13% of RH worth $4,010,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Belpointe Asset Management LLC raised its stake in RH by 3.5% during the 2nd quarter. Belpointe Asset Management LLC now owns 2,217 shares of the company's stock worth $365,000 after acquiring an additional 75 shares in the last quarter. D.B. Root & Company LLC boosted its stake in RH by 0.9% in the second quarter. D.B. Root & Company LLC now owns 8,413 shares of the company's stock valued at $1,386,000 after acquiring an additional 78 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of RH by 1.6% during the third quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company's stock worth $1,041,000 after purchasing an additional 81 shares during the last quarter. US Bancorp DE grew its holdings in shares of RH by 30.8% during the third quarter. US Bancorp DE now owns 416 shares of the company's stock worth $85,000 after purchasing an additional 98 shares during the last quarter. Finally, Oregon Public Employees Retirement Fund increased its position in shares of RH by 3.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 3,170 shares of the company's stock worth $443,000 after purchasing an additional 100 shares in the last quarter. Institutional investors and hedge funds own 90.17% of the company's stock.

Key Stories Impacting RH

Here are the key news stories impacting RH this week:

• Neutral Sentiment: Analysts are expecting approximately $914.2 million in revenue and $0.42 in adjusted earnings per share for the quarter. The report represents a major near-term catalyst, with investors focused on sales trends, profitability, and management’s outlook. RH Stock Earnings Preview
• Neutral Sentiment: Prediction-market activity is highlighting RH, along with Adobe and Macy’s, as one of the companies investors are watching closely for a potential earnings beat or miss. Polymarket Earnings Odds
• Negative Sentiment: RH stock has fallen 22.4% this month amid investor concerns that margin pressure could outweigh modest sales growth. The company’s earnings may also be affected by housing-market weakness, sourcing disruptions, and expenses tied to overseas startups. RH Q2 Earnings Expectations

Insiders Place Their Bets

In related news, Director Carlos Alberini bought 11,388 shares of the company's stock in a transaction dated Monday, June 29th. The shares were acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the acquisition, the director owned 32,190 shares in the company, valued at approximately $5,179,371. This trade represents a 54.74% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark S. Demilio sold 2,445 shares of the company's stock in a transaction that occurred on Friday, July 10th. The stock was sold at an average price of $168.44, for a total value of $411,835.80. Following the sale, the director owned 25,680 shares of the company's stock, valued at $4,325,539.20. This trade represents a 8.69% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 132,749 shares of company stock valued at $21,856,812. 26.90% of the stock is owned by company insiders.

RH Price Performance

Shares of NYSE:RH opened at $139.39 on Thursday. The company has a 50-day simple moving average of $167.71 and a 200-day simple moving average of $150.72. RH has a one year low of $106.30 and a one year high of $248.44. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. The stock has a market capitalization of $2.63 billion, a price-to-earnings ratio of 26.91, a PEG ratio of 3.39 and a beta of 1.85.

RH (NYSE:RH - Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($2.12) by $0.15. The firm had revenue of $800.33 million for the quarter, compared to analyst estimates of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The business's revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the company posted $0.13 earnings per share. On average, analysts predict that RH will post 4.2 EPS for the current year.

Analysts Set New Price Targets

Several analysts have recently weighed in on RH shares. Robert W. Baird boosted their target price on RH from $125.00 to $150.00 and gave the company a "neutral" rating in a report on Friday, June 12th. Zacks Research upgraded RH from a "strong sell" rating to a "hold" rating in a research note on Tuesday, June 16th. Citigroup lifted their price target on RH from $150.00 to $166.00 and gave the stock a "neutral" rating in a research report on Monday, June 15th. The Goldman Sachs Group upgraded RH from a "sell" rating to a "neutral" rating and boosted their price objective for the company from $86.00 to $155.00 in a research note on Wednesday, July 8th. Finally, KeyCorp reissued a "sector weight" rating on shares of RH in a report on Friday, June 12th. Seven research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $173.36.

About RH

RH, formerly Restoration Hardware, is a design-driven luxury retailer specializing in high-end home furnishings, décor, textiles, lighting and outdoor living products. The company offers a curated collection of furniture pieces—including seating, casegoods, beds and dining items—alongside rugs, art and decorative accessories. RH's product lines are organized into distinct collections, each reflecting a cohesive design philosophy and premium craftsmanship aimed at the residential and hospitality markets.

Founded in 1979 in Eureka, California, by Stephen Gordon, Restoration Hardware began as a small warehouse in Northern California.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.