Allianz Asset Management GmbH Buys 386,135 Shares of Victoria’s Secret & Co. $VSCO

Allianz Asset Management GmbH grew its stake in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 382.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 487,198 shares of the company’s stock after acquiring an additional 386,135 shares during the period. Allianz Asset Management GmbH’s holdings in Victoria’s Secret & Co. were worth $9,023,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Maryland State Retirement & Pension System raised its stake in shares of Victoria’s Secret & Co. by 2.9% during the second quarter. Maryland State Retirement & Pension System now owns 23,463 shares of the company’s stock valued at $435,000 after acquiring an additional 671 shares in the last quarter. SummerHaven Investment Management LLC raised its stake in shares of Victoria’s Secret & Co. by 2.0% during the second quarter. SummerHaven Investment Management LLC now owns 43,043 shares of the company’s stock valued at $797,000 after acquiring an additional 845 shares in the last quarter. CWM LLC raised its stake in shares of Victoria’s Secret & Co. by 6.2% during the first quarter. CWM LLC now owns 16,660 shares of the company’s stock valued at $310,000 after acquiring an additional 975 shares in the last quarter. KBC Group NV raised its stake in shares of Victoria’s Secret & Co. by 40.8% during the first quarter. KBC Group NV now owns 3,904 shares of the company’s stock valued at $73,000 after acquiring an additional 1,132 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of Victoria’s Secret & Co. by 6.9% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,364 shares of the company’s stock valued at $378,000 after acquiring an additional 1,307 shares in the last quarter. Institutional investors own 90.29% of the company’s stock.

Wall Street Analysts Forecast Growth

VSCO has been the subject of a number of recent research reports. Wall Street Zen raised shares of Victoria’s Secret & Co. from a “sell” rating to a “hold” rating in a research note on Friday, August 22nd. The Goldman Sachs Group boosted their price objective on shares of Victoria’s Secret & Co. from $16.00 to $18.00 and gave the stock a “sell” rating in a research note on Friday, August 29th. Barclays boosted their price objective on shares of Victoria’s Secret & Co. from $23.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, August 29th. UBS Group boosted their price objective on shares of Victoria’s Secret & Co. from $21.00 to $25.00 and gave the stock a “neutral” rating in a research note on Friday, August 29th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Victoria’s Secret & Co. in a research note on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, Victoria’s Secret & Co. presently has an average rating of “Reduce” and a consensus price target of $26.73.

Victoria’s Secret & Co. Stock Performance

Shares of VSCO stock opened at $31.33 on Wednesday. The business’s fifty day simple moving average is $26.09 and its 200-day simple moving average is $21.97. The company has a market cap of $2.51 billion, a PE ratio of 17.41, a PEG ratio of 1.71 and a beta of 2.23. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48. Victoria’s Secret & Co. has a 12-month low of $13.76 and a 12-month high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.20. The business had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.40 earnings per share. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. Analysts expect that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Victoria’s Secret & Co. Company Profile

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.