Atlas Capital Advisors Inc. Buys Shares of 223,512 Arhaus, Inc. $ARHS

Atlas Capital Advisors Inc. bought a new stake in shares of Arhaus, Inc. (NASDAQ:ARHS) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 223,512 shares of the company’s stock, valued at approximately $2,506,000. Atlas Capital Advisors Inc. owned 0.16% of Arhaus as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of ARHS. Larson Financial Group LLC increased its position in shares of Arhaus by 89.8% during the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after purchasing an additional 1,315 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Arhaus during the 3rd quarter valued at about $30,000. Global Retirement Partners LLC purchased a new stake in shares of Arhaus during the 4th quarter valued at about $39,000. Johnson Investment Counsel Inc. purchased a new stake in shares of Arhaus during the 3rd quarter valued at about $49,000. Finally, AlphaQuest LLC increased its position in shares of Arhaus by 68.2% during the 3rd quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock valued at $50,000 after purchasing an additional 1,922 shares during the last quarter. Institutional investors own 27.88% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Jefferies Financial Group reduced their target price on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a report on Tuesday, April 7th. Piper Sandler reduced their target price on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Guggenheim reduced their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, May 8th. Wall Street Zen lowered shares of Arhaus from a “hold” rating to a “sell” rating in a report on Sunday. Finally, Telsey Advisory Group set a $8.00 target price on shares of Arhaus and gave the stock a “market perform” rating in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $9.58.

Arhaus Stock Up 1.4%

NASDAQ ARHS opened at $7.17 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.46 and a current ratio of 1.25. The company has a market capitalization of $1.01 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.60 and a beta of 2.33. Arhaus, Inc. has a one year low of $5.57 and a one year high of $12.98. The stock has a 50 day moving average price of $6.76 and a 200-day moving average price of $8.65.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The company had revenue of $314.28 million during the quarter, compared to the consensus estimate of $313.97 million. During the same period last year, the company earned $0.03 earnings per share. Arhaus’s revenue was up .9% on a year-over-year basis. As a group, equities analysts predict that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

Arhaus Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.