Bath & Body Works, Inc. $BBWI Shares Purchased by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its stake in Bath & Body Works, Inc. (NYSE:BBWI) by 30.4% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,060 shares of the company’s stock after acquiring an additional 4,909 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Bath & Body Works were worth $631,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Bath & Body Works during the 2nd quarter worth about $33,000. IFP Advisors Inc grew its holdings in shares of Bath & Body Works by 148.3% during the second quarter. IFP Advisors Inc now owns 4,974 shares of the company’s stock worth $149,000 after buying an additional 2,971 shares in the last quarter. OLD National Bancorp IN grew its holdings in shares of Bath & Body Works by 8.5% during the second quarter. OLD National Bancorp IN now owns 371,573 shares of the company’s stock worth $11,132,000 after buying an additional 29,051 shares in the last quarter. New Century Financial Group LLC acquired a new position in shares of Bath & Body Works in the second quarter valued at approximately $1,076,000. Finally, Hilltop National Bank purchased a new position in shares of Bath & Body Works during the second quarter valued at approximately $70,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

BBWI has been the subject of several recent analyst reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a research note on Wednesday, October 8th. Jefferies Financial Group lowered their price objective on Bath & Body Works from $32.00 to $28.50 and set a “hold” rating for the company in a research report on Monday, October 13th. Citigroup reduced their target price on Bath & Body Works from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, August 19th. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $26.00 price target on shares of Bath & Body Works in a research note on Monday, October 6th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $38.00 price objective on shares of Bath & Body Works in a research note on Thursday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $37.18.

Bath & Body Works Price Performance

NYSE BBWI opened at $26.37 on Wednesday. Bath & Body Works, Inc. has a 1-year low of $24.85 and a 1-year high of $41.87. The firm has a market capitalization of $5.44 billion, a P/E ratio of 7.82, a P/E/G ratio of 0.89 and a beta of 1.52. The business’s 50-day simple moving average is $27.65 and its 200-day simple moving average is $29.08.

Bath & Body Works (NYSE:BBWI) last posted its earnings results on Thursday, August 28th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. Bath & Body Works had a net margin of 9.88% and a negative return on equity of 48.43%. The company’s revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.37 EPS. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. On average, equities research analysts expect that Bath & Body Works, Inc. will post 3.3 EPS for the current fiscal year.

Bath & Body Works Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 22nd were issued a dividend of $0.20 per share. The ex-dividend date was Friday, August 22nd. This represents a $0.80 annualized dividend and a dividend yield of 3.0%. Bath & Body Works’s payout ratio is presently 23.74%.

Bath & Body Works Profile

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.