Bath & Body Works, Inc. $BBWI Stake Raised by Tremblant Capital Group

Tremblant Capital Group boosted its holdings in shares of Bath & Body Works, Inc. (NYSE:BBWI) by 11.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 874,639 shares of the company’s stock after acquiring an additional 90,651 shares during the quarter. Bath & Body Works accounts for about 2.3% of Tremblant Capital Group’s investment portfolio, making the stock its 21st largest holding. Tremblant Capital Group owned 0.42% of Bath & Body Works worth $22,531,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the business. First Horizon Corp acquired a new stake in shares of Bath & Body Works during the third quarter worth approximately $29,000. Geneos Wealth Management Inc. increased its stake in Bath & Body Works by 217.7% in the 1st 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 period. Carolina Wealth Advisors LLC purchased a new stake in Bath & Body Works in the 3rd quarter worth approximately $54,000. Westfuller Advisors LLC purchased a new stake in Bath & Body Works in the 3rd quarter worth approximately $56,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Bath & Body Works during the 3rd quarter valued at $56,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on BBWI. Wells Fargo & Company lowered their price target on shares of Bath & Body Works from $33.00 to $25.00 and set an “overweight” rating on the stock in a report on Friday, November 21st. Barclays lifted their price objective on Bath & Body Works from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Morgan Stanley reaffirmed an “equal weight” rating and issued a $18.00 target price (down from $43.00) on shares of Bath & Body Works in a research report on Friday, November 21st. Robert W. Baird set a $20.00 price target on Bath & Body Works in a report on Wednesday, December 17th. Finally, The Goldman Sachs Group lowered Bath & Body Works from a “buy” rating to a “neutral” rating and reduced their price target for the company from $39.00 to $17.00 in a report on Thursday, November 20th. Three equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $24.00.

Bath & Body Works Price Performance

Shares of NYSE:BBWI opened at $19.46 on Friday. The stock has a market capitalization of $3.98 billion, a P/E ratio of 6.18, a P/E/G ratio of 1.88 and a beta of 1.48. The business has a 50-day moving average of $22.37 and a two-hundred day moving average of $23.16. Bath & Body Works, Inc. has a fifty-two week low of $14.27 and a fifty-two week high of $34.66.

Bath & Body Works (NYSE:BBWI) last posted its earnings results on Wednesday, March 4th. The company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.28. The firm had revenue of $2.72 billion during the quarter, compared to analyst estimates of $2.59 billion. Bath & Body Works had a negative return on equity of 45.60% and a net margin of 8.90%.The company’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.09 EPS. Bath & Body Works has set its Q1 2026 guidance at 0.240-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. As a group, research analysts expect that Bath & Body Works, Inc. will post 3.3 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, February 20th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Friday, February 20th. Bath & Body Works’s payout ratio is presently 25.40%.

Trending Headlines about Bath & Body Works

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

• Positive Sentiment: Bath & Body Works says it will offer fewer discounts in 2026, a deliberate move to protect gross margins and improve profitability if execution sustains. Article Title
• Positive Sentiment: Coverage notes a “major change customers will notice” (likely tied to merchandising/discounting strategy) that could lift average selling prices and margins. Investors often reward visibility on margin recovery. Article Title
• Positive Sentiment: Telsey Advisory raised BBWI’s price target to $25 while keeping a Market Perform rating — a signal that some analysts are modeling better margin outcomes even if the view remains cautious. Article Title
• Neutral Sentiment: Sector spotlight: Bath & Body Works was listed among consumer discretionary stocks worth watching, which can drive trading interest but is not a direct catalyst. Article Title
• Negative Sentiment: Numerous law firms (Rosen, Faruqi, Glancy, Pomerantz, Schall, Gross, Bernstein Liebhard, DJS, others) are soliciting Bath & Body Works investors about a securities‑fraud class action and urging lead‑plaintiff filings ahead of a March 16 deadline — increasing headline risk and the potential for costly litigation or settlement. Representative notice: Rosen Law Firm. Article Title
• Negative Sentiment: Additional plaintiff‑firm alerts increase the likelihood of consolidation into a lead plaintiff and amplify settlement/defense cost uncertainty; see Glancy/PR Newswire notices for more detail. Article Title

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.