Hsbc Holdings PLC Makes New $13.65 Million Investment in Bath & Body Works, Inc. $BBWI

Hsbc Holdings PLC bought a new position in Bath & Body Works, Inc. (NYSE:BBWI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 588,941 shares of the company’s stock, valued at approximately $13,651,000. Hsbc Holdings PLC owned about 0.29% of Bath & Body Works as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of BBWI. Geneos Wealth Management Inc. increased its holdings in Bath & Body Works by 217.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after buying an additional 801 shares during the last quarter. Danske Bank A S bought a new position in Bath & Body Works during the 3rd quarter worth approximately $39,000. Global Retirement Partners LLC bought a new position in Bath & Body Works during the 4th quarter worth approximately $31,000. Activest Wealth Management bought a new position in Bath & Body Works during the 4th quarter worth approximately $32,000. Finally, Elevation Wealth Partners LLC grew its position in shares of Bath & Body Works by 5,278.8% in the 2nd quarter. Elevation Wealth Partners LLC now owns 1,775 shares of the company’s stock worth $41,000 after acquiring an additional 1,742 shares in the last quarter. Institutional investors own 95.14% of the company’s stock.

Key Stories Impacting Bath & Body Works

Here are the key news stories impacting Bath & Body Works this week:

• Positive Sentiment: BBWI reported second-quarter adjusted EPS of $0.62, well above the $0.24 consensus estimate, while revenue of $1.51 billion modestly exceeded expectations. The earnings beat was supported by demand for body-care and home-fragrance products and improved digital sales. BBWI Stock Jumps 7.5% on Q2 Earnings Beat, Fiscal 2026 Outlook Raised
• Positive Sentiment: Management raised fiscal 2026 adjusted EPS guidance to $2.60-$2.80 from $2.40-$2.65 and projected revenue of $7.5-$7.6 billion. The company also cited progress in its transformation plan, with a goal of approximately $250 million in cost savings and stronger cash generation. Bath & Body Works lifts annual profit forecast
• Neutral Sentiment: Analysts remain divided after the results. Morgan Stanley reduced its price target to $20 from $22 while keeping an Equal Weight rating; UBS cut its target to $17 from $19 and maintained a Neutral rating. These targets suggest limited upside or downside from recent trading levels. Analyst price-target changes
• Negative Sentiment: Near-term performance remains pressured by weak store traffic and declining overall sales. Second-quarter revenue fell 2.3% year over year, and third-quarter adjusted EPS guidance of $0.07-$0.12 is substantially below the roughly $0.27 analyst consensus, raising concerns about promotional activity and continued softness in physical stores. Bath & Body Works results top expectations

Analyst Ratings Changes

BBWI has been the topic of several research reports. Barclays dropped their price target on Bath & Body Works from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Thursday. Wells Fargo & Company lowered their target price on shares of Bath & Body Works from $26.00 to $24.00 and set an “overweight” rating for the company in a research note on Thursday. Morgan Stanley dropped their target price on shares of Bath & Body Works from $22.00 to $20.00 and set an “equal weight” rating on the stock in a report on Thursday. Weiss Ratings upgraded shares of Bath & Body Works from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Bath & Body Works from $22.00 to $24.00 and gave the company a “neutral” rating in a report on Tuesday, August 18th. Four research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $22.29.

Bath & Body Works Price Performance

NYSE:BBWI opened at $18.68 on Friday. Bath & Body Works, Inc. has a 12-month low of $14.27 and a 12-month high of $32.32. The firm has a market capitalization of $3.76 billion, a P/E ratio of 4.86, a P/E/G ratio of 1.84 and a beta of 1.38. The business has a 50 day simple moving average of $20.32 and a 200 day simple moving average of $19.97.

Bath & Body Works (NYSE:BBWI) last issued its earnings results on Wednesday, August 26th. The company reported $0.62 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.38. Bath & Body Works had a negative return on equity of 53.48% and a net margin of 10.83%.The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period last year, the company earned $0.30 earnings per share. The firm’s revenue for the quarter was down 2.3% on a year-over-year basis. Bath & Body Works has set its Q3 2026 guidance at 0.070-0.120 EPS and its FY 2026 guidance at 2.600-2.800 EPS. Research analysts anticipate that Bath & Body Works, Inc. will post 2.67 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, August 21st. Bath & Body Works’s payout ratio is presently 20.83%.

About Bath & Body Works

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.