Bath & Body Works (NYSE:BBWI) Shares Up 4.8% – What’s Next?

Shares of Bath & Body Works, Inc. (NYSE:BBWI) rose 4.8% on Tuesday . The stock traded as high as $20.60 and last traded at $20.58. 511,816 shares were traded during mid-day trading, a decline of 91% from the average session volume of 5,734,738 shares. The stock had previously closed at $19.63.

Analyst Ratings Changes

Several research analysts have recently issued reports on BBWI shares. Piper Sandler assumed coverage on shares of Bath & Body Works in a report on Friday, May 15th. They issued a “neutral” rating and a $20.00 target price on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a “hold” rating in a report on Tuesday, March 3rd. Barclays cut their price target on shares of Bath & Body Works from $25.00 to $23.00 and set an “equal weight” rating on the stock in a report on Thursday, May 28th. UBS Group lowered their price objective on shares of 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, Weiss Ratings cut Bath & Body Works from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 2nd. Three analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $22.00.

Bath & Body Works Stock Up 5.2%

The firm’s fifty day moving average is $18.97 and its two-hundred day moving average is $20.24. The firm has a market cap of $4.39 billion, a P/E ratio of 6.12, a PEG ratio of 2.06 and a beta of 1.42.

Bath & Body Works (NYSE:BBWI) last posted its earnings results on Wednesday, May 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. The firm had revenue of $1.38 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period last year, the company posted $0.49 EPS. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. 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, sell-side analysts forecast that Bath & Body Works, Inc. will post 2.62 EPS for the current year.

Bath & Body Works Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 19th. Shareholders of record on Friday, June 5th were issued a dividend of $0.20 per share. The ex-dividend date was Friday, June 5th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.7%. Bath & Body Works’s dividend payout ratio is 22.47%.

Institutional Investors Weigh In On Bath & Body Works

Several hedge funds have recently made changes to their positions in BBWI. Global Retirement Partners LLC bought a new position in Bath & Body Works in the fourth quarter worth $31,000. Activest Wealth Management bought a new position in shares of Bath & Body Works in the 4th quarter worth about $32,000. Geneos Wealth Management Inc. lifted its position in Bath & Body Works by 217.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after acquiring an additional 801 shares during the period. Parallel Advisors LLC lifted its position in Bath & Body Works by 42.6% during the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after acquiring an additional 567 shares during the period. Finally, Danske Bank A S bought a new stake in Bath & Body Works during the third quarter worth about $39,000. 95.14% of the stock is currently owned by institutional investors.

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.