RH $RH Shares Bought by Greatmark Investment Partners Inc.

Greatmark Investment Partners Inc. raised its stake in shares of RH (NYSE:RH) by 8.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 106,208 shares of the company’s stock after purchasing an additional 8,633 shares during the period. RH accounts for 1.7% of Greatmark Investment Partners Inc.’s holdings, making the stock its 21st biggest position. Greatmark Investment Partners Inc.’s holdings in RH were worth $14,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also modified their holdings of the company. Harvest Fund Management Co. Ltd acquired a new position in shares of RH during the 3rd quarter worth about $30,000. Wilmington Savings Fund Society FSB increased its stake in RH by 200.0% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 174 shares of the company’s stock worth $31,000 after buying an additional 116 shares in the last quarter. Advisory Services Network LLC purchased a new stake in RH during the 3rd quarter worth approximately $31,000. Modus Advisors LLC acquired a new position in shares of RH during the fourth quarter valued at approximately $34,000. Finally, Farther Finance Advisors LLC raised its holdings in shares of RH by 45.0% during the fourth quarter. Farther Finance Advisors LLC now owns 248 shares of the company’s stock valued at $44,000 after acquiring an additional 77 shares during the last quarter. Institutional investors and hedge funds own 90.17% of the company’s stock.

RH Stock Down 0.1%

Shares of RH opened at $168.96 on Tuesday. RH has a 52-week low of $106.30 and a 52-week high of $257.00. The company has a market capitalization of $3.19 billion, a PE ratio of 32.62, a price-to-earnings-growth ratio of 3.88 and a beta of 1.88. The stock has a fifty day simple moving average of $144.16 and a two-hundred day simple moving average of $162.41. 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 (NYSE:RH) last announced its quarterly earnings results on Thursday, June 11th. The company reported ($1.97) earnings per share for the quarter, beating the consensus estimate of ($2.12) by $0.15. RH had a net margin of 3.01% and a return on equity of 423.79%. The firm had revenue of $800.33 million for the quarter, compared to analysts’ expectations of $792.55 million. During the same quarter in the previous year, the company posted $0.13 EPS. The company’s revenue was down 1.7% compared to the same quarter last year. As a group, equities analysts forecast that RH will post 4.27 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on RH shares. Zacks Research raised RH from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 16th. TD Cowen dropped their target price on shares of RH from $265.00 to $200.00 and set a “buy” rating for the company in a report on Monday, March 30th. Stifel Nicolaus raised their price target on shares of RH from $110.00 to $130.00 and gave the stock a “hold” rating in a research note on Friday, June 12th. Weiss Ratings lowered shares of RH from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, April 29th. Finally, UBS Group dropped their price objective on shares of RH from $160.00 to $155.00 and set a “neutral” rating for the company in a research note on Tuesday, June 9th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and four 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 target price of $172.53.

Insider Activity at RH

In related news, Director Mark S. Demilio sold 3,102 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $144.00, for a total value of $446,688.00. Following the transaction, the director directly owned 25,830 shares in the company, valued at approximately $3,719,520. This represents a 10.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Carlos Alberini acquired 11,388 shares of the stock in a transaction that occurred on Monday, June 29th. The stock was acquired at an average price of $160.90 per share, with a total value of $1,832,329.20. Following the completion of the transaction, the director directly owned 32,190 shares of the company’s stock, valued at $5,179,371. This trade represents a 54.74% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 26.90% of the company’s stock.

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.