Cibc World Market Inc. Grows Position in RH $RH

Cibc World Market Inc. grew its stake in shares of RH (NYSE:RH) by 45.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,413 shares of the company’s stock after buying an additional 6,734 shares during the period. Cibc World Market Inc. owned 0.11% of RH worth $3,836,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Integrated Financial Solutions Inc. boosted its holdings in shares of RH by 133.3% during the fourth quarter. Integrated Financial Solutions Inc. now owns 15,375 shares of the company’s stock worth $2,754,000 after purchasing an additional 8,785 shares during the last quarter. M&T Bank Corp boosted its holdings in shares of RH by 7,340.8% during the fourth quarter. M&T Bank Corp now owns 163,475 shares of the company’s stock worth $29,058,000 after purchasing an additional 161,278 shares during the last quarter. Evergreen Capital Management LLC boosted its holdings in shares of RH by 70.6% during the fourth quarter. Evergreen Capital Management LLC now owns 34,414 shares of the company’s stock worth $6,165,000 after purchasing an additional 14,247 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its holdings in shares of RH by 481.1% during the third quarter. Dynamic Technology Lab Private Ltd now owns 10,169 shares of the company’s stock worth $2,066,000 after purchasing an additional 8,419 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of RH by 388.7% during the third quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock worth $53,893,000 after purchasing an additional 210,991 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Trading Up 0.3%

RH stock opened at $147.10 on Tuesday. The company has a debt-to-equity ratio of 51.28, a current ratio of 1.19 and a quick ratio of 0.31. The company has a market capitalization of $2.78 billion, a price-to-earnings ratio of 23.31, a PEG ratio of 2.45 and a beta of 1.91. RH has a one year low of $106.30 and a one year high of $257.00. The company’s fifty day moving average price is $133.28 and its two-hundred day moving average price is $162.72.

RH (NYSE:RH) last posted its earnings results on Tuesday, March 31st. The company reported $1.53 EPS for the quarter, missing the consensus estimate of $2.21 by ($0.68). RH had a negative return on equity of 567.82% and a net margin of 3.63%.The business had revenue of $842.62 million for the quarter, compared to analyst estimates of $873.48 million. During the same period in the previous year, the company earned $1.58 earnings per share. The company’s quarterly revenue was up 3.7% compared to the same quarter last year. On average, analysts forecast that RH will post 5.88 earnings per share for the current fiscal year.

Insider Transactions at RH

In other RH news, insider Eri Chaya sold 11,000 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $137.92, for a total transaction of $1,517,120.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 25,000 shares of company stock worth $3,370,440 in the last three months. 26.90% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on RH. Wall Street Zen cut RH from a “hold” rating to a “sell” rating in a report on Saturday, April 4th. Wells Fargo & Company decreased their price objective on RH from $180.00 to $160.00 and set an “overweight” rating on the stock in a report on Thursday, May 14th. UBS Group decreased their price objective on RH from $188.00 to $160.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. BNP Paribas Exane decreased their price objective on RH from $130.00 to $96.00 and set a “strong sell” rating on the stock in a report on Wednesday, April 1st. Finally, Zacks Research cut RH from a “hold” rating to a “strong sell” rating in a report on Thursday, April 2nd. Seven analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $175.13.

RH Profile

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.