Xcel Wealth Management LLC Acquires 8,152 Shares of RH $RH

Key Points

• Xcel Wealth Management increased its RH stake by 5.4%, purchasing 8,152 additional shares to own 157,745 shares valued at approximately $26.0 million. RH now represents 6.2% of the firm’s portfolio.
• Institutional investors and hedge funds hold approximately 90.17% of RH’s outstanding shares, with several major funds significantly expanding their positions during recent quarters.
• RH’s latest quarterly results modestly beat expectations, reporting a $1.97 per-share loss and $800.3 million in revenue, although sales fell 1.7% year over year. Analysts maintain a consensus “Hold” rating with a $174.29 price target, while insiders have sold more than $21.8 million of stock over the past 90 days.

Xcel Wealth Management LLC increased its holdings in RH (NYSE:RH - Free Report) by 5.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 157,745 shares of the company's stock after purchasing an additional 8,152 shares during the quarter. RH makes up 6.2% of Xcel Wealth Management LLC's investment portfolio, making the stock its 2nd biggest holding. Xcel Wealth Management LLC owned approximately 0.83% of RH worth $25,985,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Durable Capital Partners LP raised its position in RH by 125.1% during the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company's stock worth $122,119,000 after purchasing an additional 359,101 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in RH by 1,797.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company's stock worth $44,134,000 after buying an additional 233,373 shares during the period. Alliancebernstein L.P. grew its position in shares of RH by 66.1% in the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company's stock valued at $116,546,000 after buying an additional 228,229 shares during the last quarter. Alyeska Investment Group L.P. grew its position in shares of RH by 200.5% in the 3rd quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company's stock valued at $60,480,000 after buying an additional 198,615 shares during the last quarter. Finally, Senvest Management LLC increased its stake in shares of RH by 30.1% in the fourth quarter. Senvest Management LLC now owns 842,577 shares of the company's stock valued at $150,948,000 after buying an additional 194,773 shares during the period. 90.17% of the stock is currently owned by institutional investors and hedge funds.

RH Stock Down 0.4%

Shares of NYSE:RH opened at $179.62 on Friday. The business's 50 day simple moving average is $167.48 and its two-hundred day simple moving average is $157.70. The firm has a market cap of $3.39 billion, a P/E ratio of 34.68, a PEG ratio of 4.22 and a beta of 1.87. The company has a debt-to-equity ratio of 54.96, a quick ratio of 0.32 and a current ratio of 1.13. RH has a 52-week low of $106.30 and a 52-week high of $257.00.

RH (NYSE:RH - Get Free Report) last announced its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) EPS for the quarter, beating analysts' consensus estimates of ($2.12) by $0.15. The firm had revenue of $800.33 million during the quarter, compared to analysts' expectations of $792.55 million. RH had a return on equity of 423.79% and a net margin of 3.01%.The company's revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.13 earnings per share. As a group, research analysts forecast that RH will post 4.27 EPS for the current fiscal year.

RH News Summary

Here are the key news stories impacting RH this week:

• Positive Sentiment: Wells Fargo reportedly expects strong appreciation for RH stock, providing a potentially supportive analyst outlook and counterbalancing near-term bearish sentiment. Wells Fargo & Company Forecasts Strong Price Appreciation for RH Stock
• Neutral Sentiment: RH’s latest quarterly results modestly exceeded expectations, with revenue of $800.3 million versus the $792.6 million consensus and a loss of $1.97 per share versus the expected $2.12 loss. However, revenue declined 1.7% year over year, leaving investors focused on whether the company can return to sustained growth.
• Negative Sentiment: RH was identified among the market’s most-shorted stocks. Heavy short positioning highlights concerns about the luxury home-furnishings retailer’s valuation, demand trends and execution, while also increasing the risk of continued volatility and pressure from bearish traders. Short Sellers Attack Ondas, Avis Budget, RH: Here Are the 10 Most Shorted Stocks

Analysts Set New Price Targets

A number of brokerages have recently issued reports on RH. Weiss Ratings restated a "sell (d)" rating on shares of RH in a research report on Friday, July 24th. Morgan Stanley reiterated an "overweight" rating and issued a $240.00 target price on shares of RH in a report on Monday, May 11th. The Goldman Sachs Group raised shares of RH from a "sell" rating to a "neutral" rating and increased their target price for the company from $86.00 to $155.00 in a research report on Wednesday, July 8th. Robert W. Baird raised their price target on shares of RH from $125.00 to $150.00 and gave the stock a "neutral" rating in a report on Friday, June 12th. Finally, Zacks Research upgraded shares of RH from a "strong sell" rating to a "hold" rating in a research report on Tuesday, June 16th. Seven investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $174.29.

Insider Buying and Selling

In related news, CEO Gary G. Friedman sold 69,069 shares of RH stock in a transaction on Monday, July 6th. The shares were sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares of the company's stock, valued at approximately $556,278,780.64. This trade represents a 2.06% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Mark S. Demilio sold 3,102 shares of the business's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $144.00, for a total transaction of $446,688.00. Following the sale, the director owned 25,830 shares of the company's stock, valued at $3,719,520. This trade represents a 10.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 132,749 shares of company stock worth $21,856,812 in the last ninety days. Corporate insiders own 26.90% of the company's stock.

RH Profile

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.

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