Sei Investments Co. Acquires 68,754 Shares of Sally Beauty Holdings, Inc. $SBH

Sei Investments Co. raised its holdings in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 52.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 200,280 shares of the specialty retailer’s stock after purchasing an additional 68,754 shares during the quarter. Sei Investments Co.’s holdings in Sally Beauty were worth $2,774,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. increased its holdings in shares of Sally Beauty by 1,365.0% in the second quarter. Osaic Holdings Inc. now owns 2,930 shares of the specialty retailer’s stock valued at $27,000 after purchasing an additional 2,730 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Sally Beauty by 392.5% during the 3rd quarter. Larson Financial Group LLC now owns 1,906 shares of the specialty retailer’s stock worth $31,000 after buying an additional 1,519 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Sally Beauty during the 2nd quarter worth about $34,000. iSAM Funds UK Ltd bought a new stake in shares of Sally Beauty during the 3rd quarter worth about $35,000. Finally, Intesa Sanpaolo Wealth Management bought a new stake in shares of Sally Beauty during the 4th quarter worth about $36,000.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Wall Street Zen lowered shares of Sally Beauty from a “buy” rating to a “hold” rating in a research note on Saturday. TD Cowen boosted their price objective on Sally Beauty from $17.00 to $19.00 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings raised Sally Beauty from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 28th. Finally, Morgan Stanley lowered 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. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.40.

Insider Activity

In related news, CFO Marlo Michelle Cormier Platz sold 42,771 shares of the business’s stock in a transaction that occurred on Monday, June 8th. The stock was sold at an average price of $12.70, for a total value of $543,191.70. Following the completion of the sale, the chief financial officer directly owned 138,145 shares in the company, valued at approximately $1,754,441.50. The trade was a 23.64% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 2.00% of the company’s stock.

Sally Beauty Trading Up 4.2%

SBH stock opened at $16.80 on Friday. Sally Beauty Holdings, Inc. has a 52 week low of $11.54 and a 52 week high of $17.92. The company has a market capitalization of $1.57 billion, a PE ratio of 8.75 and a beta of 1.03. The company’s 50-day simple moving average is $14.28 and its 200 day simple moving average is $14.42. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.55 and a current ratio of 2.37.

Sally Beauty (NYSE:SBH) last issued its quarterly earnings data on Monday, August 3rd. The specialty retailer reported $0.55 earnings per share for the quarter, topping the consensus estimate of $0.53 by $0.02. Sally Beauty had a net margin of 5.16% and a return on equity of 24.36%. The business had revenue of $935.49 million during the quarter, compared to analysts’ expectations of $938.45 million. During the same quarter in the previous year, the company earned $0.51 EPS. The business’s revenue was up .3% on a year-over-year basis. Sally Beauty has set its FY 2026 guidance at 2.040-2.080 EPS. As a group, sell-side analysts anticipate that Sally Beauty Holdings, Inc. will post 2.07 earnings per share for the current year.

Sally Beauty 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.