RH $RH Stock Holdings Lessened by New York State Teachers Retirement System

New York State Teachers Retirement System reduced its stake in shares of RH (NYSE:RH) by 25.9% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 11,710 shares of the company’s stock after selling 4,098 shares during the quarter. New York State Teachers Retirement System owned approximately 0.06% of RH worth $1,637,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in RH. Durable Capital Partners LP lifted its position in RH by 125.1% in the 2nd quarter. Durable Capital Partners LP now owns 646,097 shares of the company’s stock worth $122,119,000 after buying an additional 359,101 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake in shares of RH by 1,797.7% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 246,355 shares of the company’s stock valued at $44,134,000 after buying an additional 233,373 shares during the period. Alliancebernstein L.P. grew its holdings in shares of RH by 66.1% during the 3rd quarter. Alliancebernstein L.P. now owns 573,666 shares of the company’s stock valued at $116,546,000 after acquiring an additional 228,229 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of RH by 388.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 265,271 shares of the company’s stock valued at $53,893,000 after acquiring an additional 210,991 shares in the last quarter. Finally, Alyeska Investment Group L.P. increased its stake in shares of RH by 200.5% in the third quarter. Alyeska Investment Group L.P. now owns 297,694 shares of the company’s stock worth $60,480,000 after acquiring an additional 198,615 shares during the last quarter. 90.17% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at RH

In other RH news, CEO Gary G. Friedman sold 69,069 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was sold at an average price of $169.48, for a total value of $11,705,814.12. Following the completion of the sale, the chief executive officer owned 3,282,268 shares of the company’s stock, valued at $556,278,780.64. The trade was a 2.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the sale, the director owned 25,830 shares of the company’s stock, valued at approximately $3,719,520. This trade represents a 10.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 130,304 shares of company stock worth $21,444,976 over the last three months. Corporate insiders own 26.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on RH. Barclays cut their price objective on RH from $283.00 to $202.00 and set an “overweight” rating for the company in a report on Thursday, April 2nd. Stifel Nicolaus boosted their target price on RH from $110.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Citigroup upped their target price on RH from $150.00 to $166.00 and gave the stock a “neutral” rating in a research report on Monday, June 15th. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. Finally, BNP Paribas Exane cut their price target on RH from $130.00 to $96.00 and set a “strong sell” rating for the company in a research note on Wednesday, April 1st. Seven research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $171.71.

RH Stock Down 1.9%

Shares of RH traded down $3.13 during mid-day trading on Friday, hitting $165.20. 513,351 shares of the company’s stock were exchanged, compared to its average volume of 943,118. The stock has a market cap of $3.12 billion, a price-to-earnings ratio of 31.89, a P/E/G ratio of 3.79 and a beta of 1.88. The firm has a fifty day moving average of $146.57 and a two-hundred day moving average of $162.29. The company has a quick ratio of 0.32, a current ratio of 1.13 and a debt-to-equity ratio of 54.96. RH has a twelve month low of $106.30 and a twelve month high of $257.00.

RH (NYSE:RH) last released its quarterly earnings data on Thursday, June 11th. The company reported ($1.97) earnings per share (EPS) for the quarter, beating the consensus estimate of ($2.12) by $0.15. The business had revenue of $800.33 million during the quarter, compared to analyst estimates of $792.55 million. RH had a net margin of 3.01% and a return on equity of 423.79%. RH’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.13 EPS. On average, sell-side analysts forecast that RH will post 4.27 earnings per share for the current year.

More RH News

Here are the key news stories impacting RH this week:

• Negative Sentiment: CEO Gary Friedman disclosed multiple share sales, including a large 125,000-share sale, which is the clearest drag on sentiment and may be pressuring RH shares. Article Title
• Negative Sentiment: Another report highlighted two more Friedman sales totaling 117,307 shares, reinforcing the insider-selling overhang for investors. Article Title
• Negative Sentiment: RH’s latest outlook has also been pressured by a more difficult business environment and tariff concerns, which adds a macro headwind to the stock. Article Title
• Neutral Sentiment: RH’s recent earnings beat showed better-than-expected EPS and revenue, but sales still declined year over year, leaving investors focused on whether growth can reaccelerate.
• Neutral Sentiment: Analysts remain mixed overall, with a consensus near the current trading range, so ratings have not provided a strong new catalyst either way.

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.