Jupiter Asset Management Ltd. Boosts Position in Sally Beauty Holdings, Inc. $SBH

Jupiter Asset Management Ltd. boosted its position in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 2.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,756,549 shares of the specialty retailer’s stock after purchasing an additional 43,995 shares during the quarter. Jupiter Asset Management Ltd. owned approximately 1.80% of Sally Beauty worth $25,048,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. boosted its position in Sally Beauty by 1,365.0% during the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock worth $27,000 after purchasing an additional 2,730 shares in the last quarter. Larson Financial Group LLC boosted its position in Sally Beauty by 392.5% during the third quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after purchasing an additional 1,519 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Sally Beauty during the second quarter worth $34,000. iSAM Funds UK Ltd purchased a new stake in Sally Beauty during the third quarter worth $35,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in Sally Beauty during the third quarter worth $119,000.

Sally Beauty Price Performance

SBH stock opened at $13.31 on Friday. Sally Beauty Holdings, Inc. has a 1 year low of $8.45 and a 1 year high of $17.92. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.55 and a current ratio of 2.34. The stock’s 50 day moving average price is $13.58 and its 200 day moving average price is $14.73. The firm has a market cap of $1.27 billion, a P/E ratio of 7.35 and a beta of 1.07.

Sally Beauty (NYSE:SBH) last posted its earnings results on Monday, May 11th. The specialty retailer reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.41 by $0.03. Sally Beauty had a return on equity of 24.95% and a net margin of 4.93%.The firm had revenue of $903.38 million for the quarter, compared to analyst estimates of $901.43 million. During the same quarter in the prior year, the company earned $0.42 EPS. Sally Beauty’s revenue was up 2.3% on a year-over-year basis. Sally Beauty has set its Q3 2026 guidance at 0.520-0.560 EPS. On average, sell-side analysts expect that Sally Beauty Holdings, Inc. will post 2.06 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on SBH shares. Weiss Ratings downgraded Sally Beauty from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, May 22nd. TD Cowen decreased their target price on Sally Beauty from $20.00 to $17.00 and set a “buy” rating on the stock in a research report on Tuesday, May 12th. Morgan Stanley reduced their target price on Sally Beauty from $16.00 to $13.00 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Canaccord Genuity Group upped their target price on Sally Beauty from $19.00 to $20.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Wall Street Zen lowered Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $17.00.

Sally Beauty Company Profile

Sally Beauty Holdings, Inc is a leading global specialty retailer and distributor of professional beauty supplies, serving both retail customers and salon professionals. The company operates two primary channels: Sally Beauty Supply, which offers a broad assortment of hair color, hair care, styling, and skincare products; and Beauty Systems Group (BSG), which provides salon-quality products and supplies to professional stylists and salon owners. With a focus on catering to diverse customer needs, Sally Beauty offers well-known brands alongside private label lines, positioning itself as a one-stop source for beauty professionals and enthusiasts alike.

Founded in 1964 and headquartered in Denton, Texas, Sally Beauty has grown through a combination of organic expansion and strategic acquisitions.