SG Americas Securities LLC Sells 17,044 Shares of RH $RH

SG Americas Securities LLC decreased its holdings in shares of RH (NYSE:RH) by 32.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,314 shares of the company’s stock after selling 17,044 shares during the quarter. SG Americas Securities LLC’s holdings in RH were worth $4,938,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the stock. Huntington National Bank boosted its stake in shares of RH by 87.8% in the 3rd quarter. Huntington National Bank now owns 139 shares of the company’s stock valued at $28,000 after purchasing an additional 65 shares in the last quarter. Farther Finance Advisors LLC increased its position in RH by 45.0% during the 4th quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock worth $44,000 after purchasing an additional 77 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in RH by 1.6% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 5,122 shares of the company’s stock worth $1,041,000 after purchasing an additional 81 shares in the last quarter. CWM LLC lifted its stake in RH by 22.7% in the 4th quarter. CWM LLC now owns 492 shares of the company’s stock valued at $88,000 after purchasing an additional 91 shares during the last quarter. Finally, US Bancorp DE lifted its stake in RH by 30.8% in the 3rd quarter. US Bancorp DE now owns 416 shares of the company’s stock valued at $85,000 after purchasing an additional 98 shares during the last quarter. 90.17% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Citigroup boosted their target price on shares of RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research note on Monday, June 15th. Barclays dropped their price target on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a research note on Thursday, April 2nd. Wall Street Zen downgraded RH from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. UBS Group reduced their price objective on RH from $160.00 to $155.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 9th. Finally, Telsey Advisory Group lowered their target price on RH from $165.00 to $140.00 and set a “market perform” rating for the company in a report on Wednesday, April 1st. Seven research analysts have rated the stock with a Buy rating, nine have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $172.53.

RH Trading Up 2.1%

RH opened at $162.35 on Tuesday. The company has a debt-to-equity ratio of 54.96, a current ratio of 1.13 and a quick ratio of 0.32. RH has a fifty-two week low of $106.30 and a fifty-two week high of $257.00. The company’s 50 day moving average price is $141.40 and its two-hundred day moving average price is $162.19. The firm has a market capitalization of $3.07 billion, a price-to-earnings ratio of 31.34, a PEG ratio of 3.65 and a beta of 1.91.

RH (NYSE:RH) last released its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.12) by $0.15. The firm had revenue of $800.33 million during the quarter, compared to the consensus estimate of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. The company’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter last year, the firm earned $0.13 earnings per share. As a group, research analysts predict that RH will post 4.27 earnings per share for the current year.

Insiders Place Their Bets

In related news, Director Mark S. Demilio sold 3,102 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the completion of the sale, the director directly owned 25,830 shares in the company, valued at $3,719,520. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 26.90% of the stock is owned by insiders.

About RH

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.