Raymond James Financial Inc. Has $2.97 Million Position in Victoria’s Secret & Co. $VSCO

Raymond James Financial Inc. lessened its holdings in Victoria’s Secret & Co. (NYSE:VSCO) by 10.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 160,056 shares of the company’s stock after selling 17,950 shares during the quarter. Raymond James Financial Inc. owned 0.20% of Victoria’s Secret & Co. worth $2,974,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of VSCO. NBC Securities Inc. boosted its holdings in shares of Victoria’s Secret & Co. by 141,000.0% in the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company’s stock valued at $52,000 after purchasing an additional 2,820 shares in the last quarter. Allworth Financial LP boosted its holdings in shares of Victoria’s Secret & Co. by 677.4% in the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company’s stock valued at $57,000 after purchasing an additional 2,669 shares in the last quarter. KBC Group NV boosted its holdings in shares of Victoria’s Secret & Co. by 40.8% in the 1st quarter. KBC Group NV now owns 3,904 shares of the company’s stock valued at $73,000 after purchasing an additional 1,132 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in shares of Victoria’s Secret & Co. by 1,898.1% in the 4th quarter. CoreCap Advisors LLC now owns 2,058 shares of the company’s stock valued at $85,000 after purchasing an additional 1,955 shares in the last quarter. Finally, DekaBank Deutsche Girozentrale boosted its holdings in shares of Victoria’s Secret & Co. by 107.1% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 5,093 shares of the company’s stock valued at $91,000 after purchasing an additional 2,634 shares in the last quarter. Institutional investors and hedge funds own 90.29% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a report on Friday, August 29th. JPMorgan Chase & Co. lifted their price target on shares of Victoria’s Secret & Co. from $22.00 to $27.00 and gave the company a “neutral” rating in a report on Monday, July 28th. Jefferies Financial Group decreased their price target on shares of Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, August 29th. Zacks Research raised shares of Victoria’s Secret & Co. to a “hold” rating in a report on Monday, August 11th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $24.00 price target on shares of Victoria’s Secret & Co. in a report on Thursday, August 28th. Four analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $25.45.

Victoria’s Secret & Co. Stock Up 2.2%

NYSE:VSCO opened at $26.24 on Monday. The firm’s 50 day simple moving average is $21.04 and its 200 day simple moving average is $20.45. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33. Victoria’s Secret & Co. has a one year low of $13.76 and a one year high of $48.73. The company has a market cap of $2.09 billion, a PE ratio of 14.58, a P/E/G ratio of 1.43 and a beta of 2.19.

Victoria’s Secret & Co. (NYSE:VSCO) last announced its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.20. The business had revenue of $1.46 billion during the quarter, compared to analyst estimates of $1.40 billion. Victoria’s Secret & Co. had a return on equity of 35.37% and a net margin of 2.42%.Victoria’s Secret & Co.’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the company earned $0.40 EPS. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. On average, research analysts anticipate that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

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.