Bath & Body Works, Inc. $BBWI Shares Sold by Primecap Management Co. CA

Primecap Management Co. CA lowered its holdings in shares of Bath & Body Works, Inc. (NYSE:BBWI) by 17.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 354,950 shares of the company’s stock after selling 72,650 shares during the period. Primecap Management Co. CA’s holdings in Bath & Body Works were worth $9,144,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Parkside Financial Bank & Trust increased its stake in shares of Bath & Body Works by 24.6% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,842 shares of the company’s stock worth $55,000 after purchasing an additional 364 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in Bath & Body Works by 3.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 16,700 shares of the company’s stock valued at $430,000 after buying an additional 600 shares during the last quarter. State of Wyoming increased its position in Bath & Body Works by 6.2% during the second quarter. State of Wyoming now owns 11,294 shares of the company’s stock worth $338,000 after buying an additional 661 shares in the last quarter. Vident Advisory LLC raised its holdings in shares of Bath & Body Works by 2.8% in the second quarter. Vident Advisory LLC now owns 25,229 shares of the company’s stock worth $756,000 after acquiring an additional 692 shares during the last quarter. Finally, Synovus Financial Corp raised its holdings in shares of Bath & Body Works by 1.4% in the third quarter. Synovus Financial Corp now owns 56,210 shares of the company’s stock worth $1,448,000 after acquiring an additional 764 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Bath & Body Works Price Performance

Shares of BBWI stock opened at $22.73 on Friday. The firm’s 50-day simple moving average is $22.13 and its 200-day simple moving average is $23.76. Bath & Body Works, Inc. has a 1-year low of $14.27 and a 1-year high of $37.29. The firm has a market cap of $4.65 billion, a P/E ratio of 7.00, a PEG ratio of 1.03 and a beta of 1.54.

Bath & Body Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 6th. Shareholders of record on Friday, February 20th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.5%. The ex-dividend date is Friday, February 20th. Bath & Body Works’s dividend payout ratio (DPR) is 24.62%.

Wall Street Analyst Weigh In

A number of research firms recently commented on BBWI. Zacks Research raised Bath & Body Works from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 20th. Bank of America set a $26.00 price target on shares of Bath & Body Works in a research note on Monday, November 24th. The Goldman Sachs Group downgraded shares of Bath & Body Works from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $39.00 to $17.00 in a report on Thursday, November 20th. Robert W. Baird set a $20.00 price objective on shares of Bath & Body Works in a research note on Wednesday, December 17th. Finally, Barclays lifted their target price on shares of Bath & Body Works from $18.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Three research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat.com, Bath & Body Works has an average rating of “Hold” and an average target price of $23.71.

Key Stories Impacting Bath & Body Works

Here are the key news stories impacting Bath & Body Works this week:

• Positive Sentiment: Telsey Advisory Group raised its price target on BBWI from $17 to $23 and kept a “market perform” rating, signaling modest analyst confidence in the company’s near-term outlook (small upside vs. current price). This can provide some support to the stock if other news is neutral. Telsey price target note
• Positive Sentiment: Bath & Body Works launched a limited-time PEEPS® fragrance and gifting collection — a seasonal product tie-in that can help drive traffic and gift-season sales if consumer demand is solid. Product collaborations are usually modest near-term positives rather than transformational. PEEPS collaboration
• Neutral Sentiment: Zacks published a preview of Wall Street projections for Bath & Body Works’ fiscal Q4 results and key metrics. Analysts’ consensus expectations for revenue, comp sales and margins will be important when BBWI reports; the preview itself doesn’t move the stock but sets the bar for the upcoming earnings reaction. Zacks Q4 preview
• Negative Sentiment: Multiple law firms (Rosen, Faruqi & Faruqi, Pomerantz, Bernstein Liebhard, The Gross Law Firm and others) have issued shareholder alerts about a securities class action covering purchases between June 4, 2024 and November 19, 2025 and are urging investors to file by mid-March deadlines (March 13–16, 2026). Heightened litigation activity increases legal and settlement risk and can weigh on the stock, especially while deadlines and potential lead-plaintiff developments are pending. See representative notices: Rosen notice Faruqi notice Gross Law Firm notice

Bath & Body Works Company Profile

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.