Vanguard Group Inc. Has $43.81 Million Stock Holdings in Arhaus, Inc. $ARHS

Key Points

• Vanguard Group Inc. trimmed its position in Arhaus, Inc. by 0.5%, now holding approximately 3.58% of the company, valued at $43.81 million.
• Analysts have set varying price targets for Arhaus, with the consensus rating being "Hold" and an average target price of $10.83.
• Arhaus recently reported earnings of $0.25 per share, exceeding analysts' expectations, and a revenue increase of 15.6% compared to the previous year.

Vanguard Group Inc. cut its stake in shares of Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 0.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 5,035,895 shares of the company's stock after selling 26,740 shares during the quarter. Vanguard Group Inc. owned approximately 3.58% of Arhaus worth $43,812,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ARHS. Bank of America Corp DE lifted its stake in Arhaus by 1,532.9% in the fourth quarter. Bank of America Corp DE now owns 2,497,915 shares of the company's stock valued at $23,480,000 after buying an additional 2,672,239 shares during the last quarter. Barclays PLC grew its holdings in Arhaus by 108.6% during the fourth quarter. Barclays PLC now owns 110,447 shares of the company's stock worth $1,038,000 after acquiring an additional 1,391,342 shares during the period. Jane Street Group LLC grew its holdings in Arhaus by 808.3% during the fourth quarter. Jane Street Group LLC now owns 899,693 shares of the company's stock worth $8,457,000 after acquiring an additional 1,026,710 shares during the period. Millennium Management LLC acquired a new stake in Arhaus in the fourth quarter valued at $3,563,000. Finally, Wellington Management Group LLP grew its holdings in Arhaus by 13.7% in the fourth quarter. Wellington Management Group LLP now owns 1,400,356 shares of the company's stock valued at $13,163,000 after purchasing an additional 168,800 shares during the last quarter. Hedge funds and other institutional investors own 27.88% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ARHS. Stifel Nicolaus upped their price objective on Arhaus from $10.00 to $14.00 and gave the company a "buy" rating in a research report on Friday, August 15th. Guggenheim dropped their target price on Arhaus from $14.00 to $12.00 and set a "buy" rating on the stock in a report on Friday, May 9th. Wall Street Zen upgraded Arhaus from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. Morgan Stanley lifted their target price on Arhaus from $10.00 to $12.50 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Finally, Telsey Advisory Group restated a "market perform" rating and set a $10.00 price objective on shares of Arhaus in a research report on Monday, August 4th. Four analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of "Hold" and an average price target of $10.83.

Arhaus Stock Down 0.2%

NASDAQ ARHS traded down $0.02 on Friday, reaching $11.73. The stock had a trading volume of 1,791,944 shares, compared to its average volume of 2,441,338. The business has a 50 day moving average price of $10.06 and a 200 day moving average price of $9.33. The company has a current ratio of 1.33, a quick ratio of 0.61 and a debt-to-equity ratio of 0.14. Arhaus, Inc. has a 1 year low of $6.61 and a 1 year high of $13.97. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 23.46, a P/E/G ratio of 6.69 and a beta of 2.56.

Arhaus (NASDAQ:ARHS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.10. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.The firm had revenue of $358.44 million for the quarter, compared to the consensus estimate of $333.39 million. During the same quarter in the previous year, the company posted $0.16 earnings per share. The business's quarterly revenue was up 15.6% compared to the same quarter last year. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Arhaus, Inc. will post 0.46 EPS for the current fiscal year.

Arhaus Profile

Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.