WINTON GROUP Ltd Acquires New Position in Bath & Body Works, Inc. $BBWI

WINTON GROUP Ltd acquired a new stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) during the 4th quarter, Holdings Channel reports. The fund acquired 158,133 shares of the company’s stock, valued at approximately $3,175,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Parallel Advisors LLC lifted its stake in shares of Bath & Body Works by 42.6% during the fourth quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after buying an additional 567 shares during the period. Cibc World Market Inc. purchased a new position in shares of Bath & Body Works during the fourth quarter valued at approximately $2,053,000. Sivia Capital Partners LLC purchased a new position in shares of Bath & Body Works during the fourth quarter valued at approximately $577,000. Bank of New York Mellon Corp lifted its stake in shares of Bath & Body Works by 36.9% during the fourth quarter. Bank of New York Mellon Corp now owns 2,521,259 shares of the company’s stock valued at $50,627,000 after buying an additional 679,009 shares during the period. Finally, Goldman Sachs Group Inc. lifted its stake in shares of Bath & Body Works by 27.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 919,236 shares of the company’s stock valued at $18,458,000 after buying an additional 199,408 shares during the period. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on BBWI. The Goldman Sachs Group cut their price target on shares of Bath & Body Works from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Thursday, May 28th. TD Cowen increased their price target on shares of Bath & Body Works from $20.00 to $25.00 and gave the stock a “buy” rating in a research note on Thursday, May 28th. Piper Sandler began coverage on shares of Bath & Body Works in a research note on Friday, May 15th. They set a “neutral” rating and a $20.00 price target on the stock. Wells Fargo & Company cut their price target on shares of Bath & Body Works from $29.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, May 28th. Finally, UBS Group cut their price target on shares of Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating on the stock in a research note on Wednesday, May 20th. Three equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Bath & Body Works currently has a consensus rating of “Hold” and a consensus target price of $21.93.

Bath & Body Works Stock Up 0.0%

NYSE:BBWI opened at $17.44 on Monday. The company has a market cap of $3.51 billion, a P/E ratio of 4.90, a P/E/G ratio of 1.73 and a beta of 1.42. Bath & Body Works, Inc. has a fifty-two week low of $14.27 and a fifty-two week high of $33.96. The firm’s 50 day moving average is $18.58 and its two-hundred day moving average is $20.07.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.29 by $0.03. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. The company had revenue of $1.38 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter last year, the firm posted $0.49 earnings per share. Bath & Body Works’s revenue 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 forecast that Bath & Body Works, Inc. will post 2.62 earnings per share for the current fiscal year.

Bath & Body Works Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 5th will be given a $0.20 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.80 annualized dividend and a dividend yield of 4.6%. Bath & Body Works’s dividend payout ratio is presently 22.47%.

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.