Charles Schwab Investment Management Inc. Has $29.60 Million Holdings in Victoria’s Secret & Co. $VSCO

Charles Schwab Investment Management Inc. decreased its stake in Victoria’s Secret & Co. (NYSE:VSCO) by 2.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,592,877 shares of the company’s stock after selling 38,273 shares during the period. Charles Schwab Investment Management Inc. owned about 2.03% of Victoria’s Secret & Co. worth $29,596,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. LPL Financial LLC bought a new stake in Victoria’s Secret & Co. in the fourth quarter valued at $268,000. Wells Fargo & Company MN increased its position in shares of Victoria’s Secret & Co. by 18.9% during the fourth quarter. Wells Fargo & Company MN now owns 60,067 shares of the company’s stock worth $2,488,000 after acquiring an additional 9,527 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Victoria’s Secret & Co. by 7.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 18,187 shares of the company’s stock worth $753,000 after acquiring an additional 1,198 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Victoria’s Secret & Co. during the fourth quarter worth about $7,373,000. Finally, Townsquare Capital LLC bought a new stake in Victoria’s Secret & Co. in the 4th quarter worth about $219,000. Institutional investors own 90.29% of the company’s stock.

Victoria’s Secret & Co. Stock Down 1.3%

VSCO stock opened at $22.4190 on Wednesday. The company’s 50 day moving average price is $20.03 and its 200 day moving average price is $21.40. The company has a debt-to-equity ratio of 1.60, a quick ratio of 0.33 and a current ratio of 1.16. Victoria’s Secret & Co. has a fifty-two week low of $13.76 and a fifty-two week high of $48.73. The firm has a market capitalization of $1.79 billion, a price-to-earnings ratio of 11.21, a PEG ratio of 1.24 and a beta of 2.17.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its earnings results on Wednesday, June 11th. The company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.09. Victoria’s Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.32 billion. During the same period last year, the firm posted $0.12 earnings per share. The company’s revenue for the quarter was down .5% compared to the same quarter last year. Victoria’s Secret & Co. has set its Q2 2025 guidance at 0.000-0.150 EPS. FY 2025 guidance at EPS. On average, equities research analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on VSCO. Zacks Research upgraded shares of Victoria’s Secret & Co. to a “hold” rating in a research note on Monday, August 11th. The Goldman Sachs Group reissued a “sell” rating and issued a $15.00 price target on shares of Victoria’s Secret & Co. in a report on Wednesday, June 4th. Wells Fargo & Company decreased their price target on shares of Victoria’s Secret & Co. from $15.00 to $14.00 and set an “underweight” rating on the stock in a report on Monday, August 4th. UBS Group set a $24.00 target price on shares of Victoria’s Secret & Co. and gave the company a “neutral” rating in a report on Friday, May 23rd. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $24.00 price target on shares of Victoria’s Secret & Co. in a report on Wednesday, June 11th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $25.00.

About Victoria’s Secret & Co.

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.