Bank of America upgraded shares of Victoria’s Secret & Co. (NYSE:VSCO – Free Report) from a neutral rating to a buy rating in a report published on Wednesday, Marketbeat Ratings reports. They currently have $68.00 price target on the stock, up from their prior price target of $58.00.
A number of other analysts also recently weighed in on the stock. Jefferies Financial Group restated a “buy” rating on shares of Victoria’s Secret & Co. in a report on Thursday, March 5th. The Goldman Sachs Group boosted their target price on shares of Victoria’s Secret & Co. from $47.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. Zacks Research upgraded shares of Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Weiss Ratings downgraded shares of Victoria’s Secret & Co. from a “hold (c)” rating to a “hold (c-)” rating in a report on Monday. Finally, Barclays boosted their target price on shares of Victoria’s Secret & Co. from $65.00 to $80.00 and gave the stock an “overweight” rating in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, Victoria’s Secret & Co. presently has an average rating of “Moderate Buy” and an average target price of $61.80.
Check Out Our Latest Analysis on VSCO
Victoria’s Secret & Co. Stock Performance
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last posted its earnings results on Thursday, March 5th. The company reported $2.77 earnings per share for the quarter, topping analysts’ consensus estimates of $2.48 by $0.29. Victoria’s Secret & Co. had a net margin of 2.45% and a return on equity of 33.55%. The firm had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the previous year, the firm posted $2.60 EPS. The business’s quarterly revenue was up 7.8% on a year-over-year basis. Victoria’s Secret & Co. has set its Q1 2026 guidance at 0.200-0.300 EPS and its FY 2026 guidance at 3.200-3.450 EPS. As a group, analysts anticipate that Victoria’s Secret & Co. will post 3.46 EPS for the current fiscal year.
Insider Transactions at Victoria’s Secret & Co.
In other news, Director Anne Sheehan purchased 4,842 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was purchased at an average cost of $45.86 per share, with a total value of $222,054.12. Following the purchase, the director owned 34,261 shares in the company, valued at approximately $1,571,209.46. This trade represents a 16.46% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Donna James purchased 2,175 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The shares were purchased at an average cost of $46.23 per share, with a total value of $100,550.25. Following the completion of the purchase, the director owned 63,097 shares in the company, valued at $2,916,974.31. This trade represents a 3.57% increase in their position. The disclosure for this purchase is available in the SEC filing. 0.45% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Victoria’s Secret & Co.
A number of large investors have recently made changes to their positions in VSCO. Aster Capital Management DIFC Ltd purchased a new position in shares of Victoria’s Secret & Co. during the 3rd quarter worth about $30,000. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Victoria’s Secret & Co. during the 4th quarter worth about $33,000. Hantz Financial Services Inc. boosted its stake in shares of Victoria’s Secret & Co. by 104.3% during the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the company’s stock worth $44,000 after purchasing an additional 414 shares during the period. State of Wyoming purchased a new position in shares of Victoria’s Secret & Co. during the 3rd quarter worth about $48,000. Finally, DV Equities LLC purchased a new position in shares of Victoria’s Secret & Co. during the 4th quarter worth about $49,000. 90.29% of the stock is owned by hedge funds and other institutional investors.
Victoria’s Secret & Co. Company Profile
Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.
The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.
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