Bath & Body Works, Inc. (NYSE:BBWI) Stock Has Average Target Price of $22.13

Bath & Body Works, Inc. (NYSE:BBWI) has been given an average recommendation of “Hold” by the twenty analysts that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fifteen have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $22.13.

Several research analysts recently issued reports on BBWI shares. Barclays dropped their price target on shares of Bath & Body Works from $23.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, August 27th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a report on Tuesday, October 6th. Argus reaffirmed a “hold” rating on shares of Bath & Body Works in a report on Wednesday, September 16th. JPMorgan Chase & Co. upped their price objective on Bath & Body Works from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Finally, Jefferies Financial Group upped their price objective on Bath & Body Works from $22.00 to $23.00 and gave the company a “hold” rating in a research note on Tuesday, July 28th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Signaturefd LLC boosted its position in Bath & Body Works by 41.2% in the third quarter. Signaturefd LLC now owns 5,419 shares of the company’s stock valued at $86,000 after buying an additional 1,580 shares in the last quarter. Carolina Wealth Advisors LLC increased its holdings in shares of Bath & Body Works by 1.6% during the third quarter. Carolina Wealth Advisors LLC now owns 94,368 shares of the company’s stock worth $1,502,000 after buying an additional 1,485 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in shares of Bath & Body Works by 314.1% during the third quarter. Crossmark Global Holdings Inc. now owns 103,165 shares of the company’s stock worth $1,642,000 after buying an additional 78,252 shares in the last quarter. 1834 Investment Advisors Co. increased its holdings in shares of Bath & Body Works by 63.8% during the third quarter. 1834 Investment Advisors Co. now owns 316,246 shares of the company’s stock worth $5,035,000 after buying an additional 123,222 shares in the last quarter. Finally, Kwmg LLC increased its holdings in shares of Bath & Body Works by 6.7% during the third quarter. Kwmg LLC now owns 246,420 shares of the company’s stock worth $3,923,000 after buying an additional 15,421 shares in the last quarter. 95.14% of the stock is currently owned by institutional investors and hedge funds.

Bath & Body Works Price Performance

Shares of BBWI stock opened at $21.98 on Friday. Bath & Body Works has a one year low of $14.27 and a one year high of $26.42. The stock has a fifty day moving average price of $18.41 and a 200 day moving average price of $19.85. The stock has a market cap of $4.43 billion, a P/E ratio of 5.72 and a beta of 1.40.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings results on Wednesday, August 26th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.38. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. The company’s quarterly revenue was down 2.3% compared to the same quarter last year. During the same period last year, the firm earned $0.30 EPS. 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. Equities research analysts anticipate that Bath & Body Works will post 2.73 EPS for the current year.

Bath & Body Works Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were paid a $0.20 dividend. The ex-dividend date of this dividend was Friday, August 21st. This represents a $0.80 annualized dividend and a yield of 3.6%. Bath & Body Works’s payout ratio is currently 20.83%.

About Bath & Body Works

Bath & Body Works, Inc is a specialty retailer focused on personal care and home fragrance products. Its merchandise includes body lotions, shower gels, fragrances, soaps, hand sanitizers, candles, air fresheners and other fragrance-focused items sold under the Bath & Body Works brand.

The company operates through a network of retail stores and digital commerce channels, serving customers primarily in the United States and Canada. Its products are also available internationally through select partners, including franchise, wholesale and other distribution arrangements.

Bath & Body Works traces its origins to 1990 and was formerly part of L Brands, Inc The company became an independent publicly traded business in 2021 after separating from L Brands.