Bath & Body Works, Inc. $BBWI Shares Sold by Everett Harris & Co. CA

Everett Harris & Co. CA lessened its holdings in Bath & Body Works, Inc. (NYSE:BBWI) by 32.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 68,585 shares of the company’s stock after selling 33,380 shares during the period. Everett Harris & Co. CA’s holdings in Bath & Body Works were worth $1,377,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in BBWI. American Century Companies Inc. boosted its holdings in Bath & Body Works by 2,204.1% in the third quarter. American Century Companies Inc. now owns 5,174,370 shares of the company’s stock worth $133,292,000 after acquiring an additional 4,949,796 shares in the last quarter. Jupiter Asset Management Ltd. boosted its holdings in Bath & Body Works by 553.2% in the third quarter. Jupiter Asset Management Ltd. now owns 3,714,499 shares of the company’s stock worth $95,685,000 after acquiring an additional 3,145,797 shares in the last quarter. Norges Bank acquired a new stake in Bath & Body Works in the fourth quarter worth about $55,504,000. Bank of America Corp DE boosted its holdings in Bath & Body Works by 86.9% in the third quarter. Bank of America Corp DE now owns 3,399,390 shares of the company’s stock worth $87,568,000 after acquiring an additional 1,580,176 shares in the last quarter. Finally, Two Sigma Investments LP boosted its holdings in Bath & Body Works by 1,004.1% in the third quarter. Two Sigma Investments LP now owns 1,443,312 shares of the company’s stock worth $37,180,000 after acquiring an additional 1,312,586 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on BBWI shares. Weiss Ratings downgraded Bath & Body Works from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 2nd. UBS Group decreased their target price on Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating for the company in a report on Wednesday, May 20th. Citigroup downgraded Bath & Body Works from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $21.00 to $25.00 in a report on Tuesday, February 17th. The Goldman Sachs Group decreased their target price on Bath & Body Works from $26.00 to $23.00 and set a “neutral” rating for the company in a report on Thursday, May 28th. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Bath & Body Works in a report on Wednesday, May 27th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $21.93.

Bath & Body Works Stock Up 0.2%

Bath & Body Works stock opened at $18.33 on Wednesday. Bath & Body Works, Inc. has a 52 week low of $14.27 and a 52 week high of $33.96. The company has a market capitalization of $3.70 billion, a price-to-earnings ratio of 5.15, a price-to-earnings-growth ratio of 1.82 and a beta of 1.42. The stock has a 50-day moving average price of $18.62 and a 200 day moving average price of $20.03.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The company had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the previous year, the company posted $0.49 earnings per share. Bath & Body Works’s revenue for the quarter was down 3.2% on a year-over-year basis. Bath & Body Works has set its Q2 2026 guidance at 0.300-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. Research analysts anticipate that Bath & Body Works, Inc. will post 2.62 EPS for the current fiscal year.

Bath & Body Works Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, June 5th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.80 dividend on an annualized basis and a yield of 4.4%. Bath & Body Works’s payout ratio is presently 22.47%.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.