Sivia Capital Partners LLC Acquires New Stake in Bath & Body Works, Inc. $BBWI

Sivia Capital Partners LLC acquired a new stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 28,715 shares of the company’s stock, valued at approximately $577,000.

Several other large investors also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp boosted its stake in Bath & Body Works by 36.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,521,259 shares of the company’s stock valued at $50,627,000 after buying an additional 679,009 shares during the period. Goldman Sachs Group Inc. boosted its stake in Bath & Body Works by 27.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 919,236 shares of the company’s stock valued at $18,458,000 after buying an additional 199,408 shares during the period. Natixis Advisors LLC boosted its stake in Bath & Body Works by 18.6% during the fourth quarter. Natixis Advisors LLC now owns 378,827 shares of the company’s stock valued at $7,607,000 after buying an additional 59,342 shares during the period. AXQ Capital LP bought a new stake in Bath & Body Works during the fourth quarter valued at $1,520,000. Finally, Thompson Siegel & Walmsley LLC lifted its stake in Bath & Body Works by 151.6% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 505,177 shares of the company’s stock worth $10,144,000 after purchasing an additional 304,427 shares during the last quarter. Institutional investors own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on BBWI. Telsey Advisory Group dropped their price target on Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating for the company in a research note on Thursday, May 28th. Citigroup lowered Bath & Body Works from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $21.00 to $25.00 in a research note on Tuesday, February 17th. Barclays dropped their price target on Bath & Body Works from $25.00 to $23.00 and set an “equal weight” rating for the company in a research note on Thursday, May 28th. UBS Group dropped their price target on Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating for the company in a research note on Wednesday, May 20th. Finally, Piper Sandler began coverage on Bath & Body Works in a research note on Friday, May 15th. They set a “neutral” rating and a $20.00 price target for the company. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $21.93.

Bath & Body Works Stock Down 2.8%

Shares of BBWI stock opened at $17.44 on Friday. The business has a 50-day moving average price of $18.58 and a two-hundred day moving average price of $20.08. Bath & Body Works, Inc. has a 12-month low of $14.27 and a 12-month high of $33.96. The firm has a market cap of $3.51 billion, a P/E ratio of 4.90, a price-to-earnings-growth ratio of 1.78 and a beta of 1.42.

Bath & Body Works (NYSE:BBWI) last released its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The company’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. As a group, research analysts expect that Bath & Body Works, Inc. will post 2.61 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 5th will be issued a $0.20 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%. Bath & Body Works’s payout ratio is currently 22.47%.

About Bath & Body Works

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.