Strs Ohio Acquires Shares of 36,300 Victoria’s Secret & Co. $VSCO

Strs Ohio bought a new position in shares of Victoria’s Secret & Co. (NYSE:VSCO) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 36,300 shares of the company’s stock, valued at approximately $674,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in Victoria’s Secret & Co. by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company’s stock worth $166,599,000 after purchasing an additional 38,695 shares during the period. T. Rowe Price Investment Management Inc. increased its stake in shares of Victoria’s Secret & Co. by 18.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,868,817 shares of the company’s stock valued at $34,723,000 after buying an additional 288,629 shares during the period. Victory Capital Management Inc. raised its holdings in shares of Victoria’s Secret & Co. by 54.2% in the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company’s stock valued at $26,570,000 after acquiring an additional 502,622 shares in the last quarter. Millennium Management LLC lifted its stake in Victoria’s Secret & Co. by 9,595.8% in the first quarter. Millennium Management LLC now owns 1,419,080 shares of the company’s stock worth $26,367,000 after acquiring an additional 1,404,444 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC grew its holdings in Victoria’s Secret & Co. by 163.0% during the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company’s stock worth $26,140,000 after acquiring an additional 871,968 shares in the last quarter. Institutional investors own 90.29% of the company’s stock.

Analysts Set New Price Targets

VSCO has been the topic of a number of research reports. Wells Fargo & Company raised their target price on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research report on Friday, August 29th. JPMorgan Chase & Co. boosted their price objective on shares of Victoria’s Secret & Co. from $27.00 to $28.00 and gave the stock a “neutral” rating in a research note on Monday, September 15th. Jefferies Financial Group lowered their target price on Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating for the company in a report on Friday, August 29th. UBS Group lifted their price target on Victoria’s Secret & Co. from $21.00 to $25.00 and gave the company a “neutral” rating in a report on Friday, August 29th. Finally, Bank of America upped their price objective on Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a research note on Friday, August 29th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Victoria’s Secret & Co. presently has an average rating of “Reduce” and a consensus target price of $26.27.

Victoria’s Secret & Co. Price Performance

NYSE:VSCO opened at $26.68 on Friday. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. The company has a 50 day moving average price of $22.37 and a 200-day moving average price of $20.53. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 14.82, a price-to-earnings-growth ratio of 1.49 and a beta of 2.20.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.13 by $0.20. The company had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The firm’s revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business earned $0.40 earnings per share. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Equities research analysts forecast that Victoria’s Secret & Co. will post 2.37 EPS for the current year.

Victoria’s Secret & Co. Profile

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.