116,350 Shares in Bath & Body Works, Inc. $BBWI Purchased by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Bath & Body Works, Inc. (NYSE:BBWI) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 116,350 shares of the company’s stock, valued at approximately $2,691,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned 0.06% of Bath & Body Works at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in shares of Bath & Body Works in the fourth quarter worth approximately $31,000. Geneos Wealth Management Inc. boosted its holdings in shares of Bath & Body Works by 217.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after purchasing an additional 801 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Bath & Body Works by 42.6% in the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after purchasing an additional 567 shares during the last quarter. Danske Bank A S purchased a new stake in shares of Bath & Body Works during the 3rd quarter valued at $39,000. Finally, Elevation Wealth Partners LLC grew its stake in shares of Bath & Body Works by 5,278.8% during the 2nd quarter. Elevation Wealth Partners LLC now owns 1,775 shares of the company’s stock valued at $41,000 after buying an additional 1,742 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on BBWI shares. Citigroup upgraded Bath & Body Works from a “neutral” rating to a “buy” rating and set a $25.00 target price on the stock in a report on Tuesday, August 18th. Wells Fargo & Company cut their price objective on Bath & Body Works from $26.00 to $24.00 and set an “overweight” rating on the stock in a report on Thursday, August 27th. Robert W. Baird reduced their price objective on Bath & Body Works from $25.00 to $23.00 and set a “neutral” rating on the stock in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft set a $22.00 target price on Bath & Body Works in a report on Thursday, August 27th. Finally, Telsey Advisory Group dropped their target price on shares of Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating for the company in a research report on Thursday, May 28th. Four analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $22.13.

Bath & Body Works Price Performance

NYSE:BBWI opened at $17.45 on Friday. The business’s 50-day moving average is $19.71 and its two-hundred day moving average is $19.63. Bath & Body Works, Inc. has a 12 month low of $14.27 and a 12 month high of $28.26. The firm has a market capitalization of $3.52 billion, a PE ratio of 4.54, a price-to-earnings-growth ratio of 1.82 and a beta of 1.38.

Bath & Body Works (NYSE:BBWI) last issued its earnings results on Wednesday, August 26th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.38. Bath & Body Works had a negative return on equity of 53.48% and a net margin of 10.83%.The company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the business earned $0.30 earnings per share. The company’s revenue was down 2.3% compared to the same quarter last year. Bath & Body Works has set its Q3 2026 guidance at 0.070-0.120 EPS and its FY 2026 guidance at 2.600-2.800 EPS. Equities analysts anticipate that Bath & Body Works, Inc. will post 2.73 EPS for the current year.

Bath & Body Works Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Friday, August 21st. Bath & Body Works’s dividend payout ratio is currently 20.83%.

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.