Franklin Resources Inc. Acquires 146,509 Shares of Sally Beauty Holdings, Inc. $SBH

Franklin Resources Inc. grew its holdings in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 40.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 509,182 shares of the specialty retailer’s stock after purchasing an additional 146,509 shares during the quarter. Franklin Resources Inc. owned about 0.51% of Sally Beauty worth $4,715,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. EP Wealth Advisors LLC acquired a new position in Sally Beauty during the first quarter worth $100,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Sally Beauty during the 2nd quarter valued at about $111,000. Savant Capital LLC acquired a new position in shares of Sally Beauty during the 2nd quarter valued at about $115,000. GAMMA Investing LLC raised its stake in shares of Sally Beauty by 170.5% in the 2nd quarter. GAMMA Investing LLC now owns 12,746 shares of the specialty retailer’s stock valued at $118,000 after acquiring an additional 8,034 shares in the last quarter. Finally, Ieq Capital LLC acquired a new stake in Sally Beauty in the 1st quarter worth approximately $119,000.

Insider Activity at Sally Beauty

In other news, Director Max R. Rangel bought 3,500 shares of Sally Beauty stock in a transaction that occurred on Thursday, September 4th. The stock was purchased at an average cost of $14.07 per share, with a total value of $49,245.00. Following the completion of the transaction, the director directly owned 3,500 shares in the company, valued at $49,245. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.56% of the company’s stock.

Wall Street Analyst Weigh In

SBH has been the topic of several analyst reports. Zacks Research downgraded Sally Beauty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Weiss Ratings reiterated a “hold (c+)” rating on shares of Sally Beauty in a report on Tuesday, October 14th. Wall Street Zen raised shares of Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. TD Cowen raised their price target on Sally Beauty from $13.00 to $16.00 and gave the company a “buy” rating in a research report on Thursday, September 4th. Finally, Jefferies Financial Group lifted their price objective on Sally Beauty from $12.80 to $14.50 and gave the stock a “hold” rating in a research note on Tuesday, October 28th. Three analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $14.60.

Sally Beauty Stock Performance

NYSE:SBH opened at $16.20 on Tuesday. The firm’s 50-day moving average is $15.15 and its 200-day moving average is $12.50. The company has a market cap of $1.58 billion, a price-to-earnings ratio of 8.71 and a beta of 1.33. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.49 and a current ratio of 2.41. Sally Beauty Holdings, Inc. has a 52-week low of $7.54 and a 52-week high of $17.40.

Sally Beauty (NYSE:SBH) last released its earnings results on Thursday, November 13th. The specialty retailer reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The business had revenue of $947.08 million for the quarter, compared to the consensus estimate of $932.88 million. Sally Beauty had a return on equity of 28.11% and a net margin of 5.26%.The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the business earned $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS. Q1 2026 guidance at 0.430-0.470 EPS. Equities research analysts anticipate that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current year.

About Sally Beauty

Sally Beauty Holdings, Inc operates as a specialty retailer and distributor of professional beauty supplies. The company operates through two segments, Sally Beauty Supply and Beauty Systems Group. The Sally Beauty Supply segment offers beauty products, including hair color and care products, skin and nail care products, styling tools, and other beauty products for retail customers, salons, and salon professionals.