Arhaus, Inc. $ARHS is Meros Investment Management LP’s 7th Largest Position

Meros Investment Management LP boosted its position in shares of Arhaus, Inc. (NASDAQ:ARHS) by 71.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 821,734 shares of the company’s stock after buying an additional 341,577 shares during the quarter. Arhaus accounts for approximately 3.7% of Meros Investment Management LP’s investment portfolio, making the stock its 7th largest position. Meros Investment Management LP owned 0.58% of Arhaus worth $9,212,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. MML Investors Services LLC purchased a new position in Arhaus during the fourth quarter worth $138,000. Entropy Technologies LP boosted its stake in Arhaus by 16.7% during the fourth quarter. Entropy Technologies LP now owns 29,402 shares of the company’s stock worth $330,000 after buying an additional 4,205 shares during the period. Atlas Capital Advisors Inc. purchased a new position in Arhaus during the fourth quarter worth $2,506,000. Marshall Wace LLP purchased a new position in Arhaus during the fourth quarter worth $3,725,000. Finally, Inspire Advisors LLC purchased a new position in Arhaus during the fourth quarter worth $117,000. 27.88% of the stock is owned by hedge funds and other institutional investors.

Arhaus Stock Up 3.9%

Shares of ARHS opened at $7.45 on Tuesday. The firm has a market capitalization of $1.05 billion, a P/E ratio of 15.85, a P/E/G ratio of 1.60 and a beta of 2.33. Arhaus, Inc. has a 12-month low of $5.57 and a 12-month high of $12.98. The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14. The firm has a fifty day moving average price of $6.78 and a 200-day moving average price of $8.63.

Arhaus (NASDAQ:ARHS) last issued its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $314.28 million during the quarter, compared to analyst estimates of $313.97 million. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The business’s revenue was up .9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.03 earnings per share. Equities research analysts expect that Arhaus, Inc. will post 0.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen lowered shares of Arhaus from a “hold” rating to a “sell” rating in a research note on Sunday. Guggenheim lowered their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Telsey Advisory Group set a $8.00 target price on shares of Arhaus and gave the company a “market perform” rating in a research note on Friday, May 8th. Stifel Nicolaus lowered their target price on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, TD Cowen lowered their target price on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $9.58.

About Arhaus

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.