Bath & Body Works, Inc. $BBWI Shares Sold by Trust Co. of Toledo NA OH

Trust Co. of Toledo NA OH cut its stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) by 6.1% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 14,892 shares of the company’s stock after selling 969 shares during the period. Trust Co. of Toledo NA OH’s holdings in Bath & Body Works were worth $446,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Parallel Advisors LLC lifted its position in Bath & Body Works by 63.3% during the 2nd quarter. Parallel Advisors LLC now owns 1,241 shares of the company’s stock worth $37,000 after acquiring an additional 481 shares in the last quarter. Blue Trust Inc. lifted its position in Bath & Body Works by 15.5% during the 1st quarter. Blue Trust Inc. now owns 4,184 shares of the company’s stock worth $127,000 after acquiring an additional 560 shares in the last quarter. UMB Bank n.a. lifted its position in Bath & Body Works by 65.9% during the 1st quarter. UMB Bank n.a. now owns 1,501 shares of the company’s stock worth $46,000 after acquiring an additional 596 shares in the last quarter. Natixis Advisors LLC lifted its position in Bath & Body Works by 0.7% during the 1st quarter. Natixis Advisors LLC now owns 90,089 shares of the company’s stock worth $2,732,000 after acquiring an additional 629 shares in the last quarter. Finally, Golden State Wealth Management LLC lifted its position in Bath & Body Works by 94.7% during the 1st quarter. Golden State Wealth Management LLC now owns 1,320 shares of the company’s stock worth $40,000 after acquiring an additional 642 shares in the last quarter. 95.14% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Wall Street Zen lowered Bath & Body Works from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Citigroup cut their target price on Bath & Body Works from $42.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, August 19th. Morgan Stanley cut their target price on Bath & Body Works from $19.00 to $18.00 and set an “overweight” rating on the stock in a research report on Friday, September 12th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a research report on Wednesday. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $38.00 target price on shares of Bath & Body Works in a research report on Thursday, August 28th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $38.15.

Bath & Body Works Trading Down 3.0%

Shares of NYSE BBWI opened at $24.98 on Friday. Bath & Body Works, Inc. has a twelve month low of $24.85 and a twelve month high of $41.87. The company has a market capitalization of $5.15 billion, a price-to-earnings ratio of 7.41, a price-to-earnings-growth ratio of 0.86 and a beta of 1.52. The business has a 50 day simple moving average of $28.02 and a 200-day simple moving average of $29.27.

Bath & Body Works (NYSE:BBWI) last issued its quarterly earnings data on Thursday, August 28th. The company reported $0.37 EPS for the quarter, hitting analysts’ consensus estimates of $0.37. The firm had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.55 billion. Bath & Body Works had a negative return on equity of 48.43% and a net margin of 9.88%.The firm’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the business earned $0.37 EPS. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. As a group, equities analysts predict that Bath & Body Works, Inc. will post 3.3 earnings per share for the current year.

Bath & Body Works Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Investors of record on Friday, August 22nd were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, August 22nd. Bath & Body Works’s dividend payout ratio is presently 23.74%.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a specialty retailers and home to America’s Favorite Fragrances, offering a breadth of exclusive fragrances for the body and home, including the selling collections for fine fragrance mist, body lotion and body cream, 3-wick candles, home fragrance diffusers and liquid hand soap.