GAMMA Investing LLC Grows Stake in Victoria’s Secret & Co. $VSCO

GAMMA Investing LLC lifted its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 270.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,105 shares of the company’s stock after buying an additional 6,648 shares during the period. GAMMA Investing LLC’s holdings in Victoria’s Secret & Co. were worth $169,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of analysts have issued reports on VSCO shares. UBS Group lifted their price objective on Victoria’s Secret & Co. from $21.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. JPMorgan Chase & Co. boosted their price objective on Victoria’s Secret & Co. from $27.00 to $28.00 and gave the company a “neutral” rating in a report on Monday, September 15th. Wells Fargo & Company upped their target price on Victoria’s Secret & Co. from $14.00 to $17.00 and gave the stock an “underweight” rating in a report on Friday, August 29th. Wall Street Zen raised Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a research report on Friday, August 22nd. 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 research report on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $26.27.

Victoria’s Secret & Co. Stock Performance

Shares of VSCO stock opened at $26.49 on Tuesday. The company has a market capitalization of $2.12 billion, a P/E ratio of 14.72, a P/E/G ratio of 1.42 and a beta of 2.19. The business’s 50 day moving average is $23.23 and its two-hundred day moving average is $20.86. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48. Victoria’s Secret & Co. has a 12-month low of $13.76 and a 12-month high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.Victoria’s Secret & Co.’s revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $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. Analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal 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.