Allianz Asset Management GmbH Decreases Stake in Sally Beauty Holdings, Inc. $SBH

Allianz Asset Management GmbH cut its stake in shares of Sally Beauty Holdings, Inc. (NYSE:SBH) by 8.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 669,766 shares of the specialty retailer’s stock after selling 62,368 shares during the quarter. Allianz Asset Management GmbH’s holdings in Sally Beauty were worth $10,904,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Osaic Holdings Inc. grew 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 buying an additional 2,730 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Sally Beauty during the 2nd quarter valued at approximately $34,000. Jefferies Financial Group Inc. acquired a new stake in shares of Sally Beauty during the 2nd quarter valued at approximately $95,000. Vanguard Personalized Indexing Management LLC purchased a new stake in shares of Sally Beauty during the 2nd quarter worth approximately $111,000. Finally, Savant Capital LLC acquired a new stake in shares of Sally Beauty in the 2nd quarter worth approximately $115,000.

Insider Activity at Sally Beauty

In other Sally Beauty news, SVP Scott C. Sherman sold 15,000 shares of the business’s stock in a transaction on 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 transaction, the senior vice president directly owned 57,585 shares in the company, valued at approximately $936,907.95. The trade was a 20.67% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Kim Mcintosh sold 5,900 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $15.71, for a total value of $92,689.00. Following the transaction, the chief accounting officer directly owned 21,295 shares in the company, valued at approximately $334,544.45. This represents a 21.70% decrease in their position. The SEC filing for this sale provides additional information. 2.00% of the stock is currently owned by insiders.

Sally Beauty Trading Down 2.3%

Sally Beauty stock opened at $16.23 on Monday. The stock has a 50-day moving average price of $15.42 and a 200 day moving average price of $14.63. Sally Beauty Holdings, Inc. has a 52 week low of $7.54 and a 52 week high of $17.92. The stock has a market cap of $1.58 billion, a PE ratio of 8.59 and a beta of 1.16. The company has a current ratio of 2.26, a quick ratio of 0.54 and a debt-to-equity ratio of 1.09.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Zacks Research cut Sally Beauty from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 21st. Morgan Stanley reaffirmed an “underweight” rating and set a $14.00 price target on shares of Sally Beauty in a research note on Thursday, January 15th. Weiss Ratings reissued a “hold (c+)” rating on shares of Sally Beauty in a research note on Friday, January 9th. Raymond James Financial upgraded shares of Sally Beauty from a “market perform” rating to an “outperform” rating and set a $19.00 target price for the company in a report on Wednesday, January 21st. Finally, Jefferies Financial Group restated a “hold” rating and set a $16.00 target price on shares of Sally Beauty in a research report on Wednesday, January 14th. Three research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Sally Beauty has an average rating of “Hold” and an average price target of $16.08.

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.