Arhaus, Inc. $ARHS Shares Acquired by UBS Group AG

UBS Group AG increased its stake in Arhaus, Inc. (NASDAQ:ARHS) by 43.3% during the 4th quarter, Holdings Channel reports. The fund owned 1,098,150 shares of the company’s stock after purchasing an additional 331,961 shares during the quarter. UBS Group AG’s holdings in Arhaus were worth $12,310,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wasatch Advisors LP grew its stake in shares of Arhaus by 6.8% during the second quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after purchasing an additional 811,337 shares in the last quarter. Vanguard Group Inc. raised its stake in Arhaus by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock valued at $57,653,000 after buying an additional 72,346 shares in the last quarter. Bank of America Corp DE lifted its holdings in Arhaus by 9.4% during the 2nd quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock worth $27,859,000 after buying an additional 275,835 shares during the last quarter. Punch & Associates Investment Management Inc. boosted its position in shares of Arhaus by 1.1% during the 3rd quarter. Punch & Associates Investment Management Inc. now owns 1,091,153 shares of the company’s stock worth $11,599,000 after acquiring an additional 11,762 shares in the last quarter. Finally, CenterBook Partners LP increased its holdings in shares of Arhaus by 207.9% in the 3rd quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock valued at $11,229,000 after acquiring an additional 713,324 shares during the last quarter. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

Arhaus Price Performance

ARHS stock opened at $5.88 on Friday. The firm has a 50 day moving average of $7.02 and a 200-day moving average of $9.10. The company has a market cap of $829.79 million, a price-to-earnings ratio of 12.51, a PEG ratio of 1.31 and a beta of 2.40. The company has a current ratio of 1.25, a quick ratio of 0.62 and a debt-to-equity ratio of 0.14. Arhaus, Inc. has a 12-month low of $5.63 and a 12-month high of $12.98.

Arhaus (NASDAQ:ARHS) last announced its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The company had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. As a group, equities analysts expect that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

Arhaus Dividend Announcement

The business also recently announced a special dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th were paid a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, March 18th.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on ARHS shares. Jefferies Financial Group decreased their target price on Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a research note on Tuesday, April 7th. TD Cowen cut their price objective on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Monday. Guggenheim reduced their price objective on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Piper Sandler lowered their price target on Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday. Finally, Robert W. Baird set a $8.00 price objective on shares of Arhaus in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $9.58.

Arhaus Company Profile

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.