Exchange Traded Concepts LLC Reduces Stock Holdings in Sally Beauty Holdings, Inc. $SBH

Exchange Traded Concepts LLC reduced its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 30.3% during the third quarter, Holdings Channel reports. The firm owned 85,268 shares of the specialty retailer’s stock after selling 37,116 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Sally Beauty were worth $1,388,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. HighTower Advisors LLC bought a new stake in shares of Sally Beauty during the 1st quarter valued at about $155,000. Russell Investments Group Ltd. boosted its position in Sally Beauty by 14.4% during the 1st quarter. Russell Investments Group Ltd. now owns 51,707 shares of the specialty retailer’s stock valued at $467,000 after acquiring an additional 6,507 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Sally Beauty by 8.5% during the 1st quarter. American Century Companies Inc. now owns 231,649 shares of the specialty retailer’s stock worth $2,092,000 after acquiring an additional 18,056 shares during the period. Hsbc Holdings PLC raised its position in shares of Sally Beauty by 354.7% in the 1st quarter. Hsbc Holdings PLC now owns 51,684 shares of the specialty retailer’s stock worth $465,000 after acquiring an additional 40,318 shares in the last quarter. Finally, Rafferty Asset Management LLC lifted its stake in shares of Sally Beauty by 4.1% in the 1st quarter. Rafferty Asset Management LLC now owns 33,979 shares of the specialty retailer’s stock valued at $307,000 after purchasing an additional 1,350 shares during the period.

Analysts Set New Price Targets

Several brokerages recently weighed in on SBH. TD Cowen upped their price target on Sally Beauty from $13.00 to $16.00 and gave the stock a “buy” rating in a research note on Thursday, September 4th. Cowen reiterated a “buy” rating on shares of Sally Beauty in a research note on Thursday, September 4th. Canaccord Genuity Group lifted their price target on shares of Sally Beauty from $15.00 to $19.00 and gave the company a “buy” rating in a research report on Monday, September 15th. Morgan Stanley upped their price objective on shares of Sally Beauty from $10.00 to $13.00 and gave the stock an “underweight” rating in a report on Friday, November 14th. Finally, Wall Street Zen raised Sally Beauty from a “hold” rating to a “buy” rating in a research report on Saturday, October 11th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $14.60.

Insiders Place Their Bets

In related news, SVP Scott C. Sherman sold 15,000 shares of Sally Beauty stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $16.27, for a total value of $244,050.00. Following the completion of the sale, the senior vice president directly owned 57,585 shares in the company, valued at approximately $936,907.95. This trade represents a 20.67% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Kim Mcintosh sold 5,900 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $15.71, for a total value of $92,689.00. Following the completion of the transaction, the chief accounting officer directly owned 21,295 shares of the company’s stock, valued at approximately $334,544.45. This trade represents a 21.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.00% of the stock is currently owned by company insiders.

Sally Beauty Stock Down 1.1%

NYSE:SBH opened at $15.00 on Friday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.54 and a current ratio of 2.26. The firm has a market cap of $1.46 billion, a P/E ratio of 7.93 and a beta of 1.13. Sally Beauty Holdings, Inc. has a fifty-two week low of $7.54 and a fifty-two week high of $17.40. The firm has a 50-day simple moving average of $15.06 and a two-hundred day simple moving average of $13.30.

Sally Beauty (NYSE:SBH) last posted its quarterly earnings results on Thursday, November 13th. The specialty retailer reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. The firm had revenue of $947.08 million for the quarter, compared to analysts’ expectations of $932.88 million. Sally Beauty had a net margin of 5.29% and a return on equity of 27.07%. The business’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.50 earnings per share. Sally Beauty has set its FY 2026 guidance at 2.090-2.090 EPS and its Q1 2026 guidance at 0.430-0.470 EPS. Analysts predict that Sally Beauty Holdings, Inc. will post 1.81 earnings per share for the current fiscal year.

About Sally Beauty

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.