Bath & Body Works, Inc. (NYSE:BBWI – Get Free Report) fell 7.5% on Monday . The stock traded as low as $18.56 and last traded at $18.5190. 4,185,074 shares traded hands during trading, a decline of 28% from the average session volume of 5,784,822 shares. The stock had previously closed at $20.02.
Analysts Set New Price Targets
A number of brokerages recently weighed in on BBWI. Citigroup lowered shares of Bath & Body Works from a “buy” rating to a “neutral” rating and raised their price target for the company from $21.00 to $25.00 in a report on Tuesday, February 17th. TD Cowen lifted 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 report on Thursday. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Bath & Body Works from $21.00 to $22.00 and gave the stock a “hold” rating in a research report on Tuesday, March 3rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a research report on Monday, April 20th. Finally, UBS Group cut their price objective on shares of Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 20th. Three investment analysts have rated the stock with a Buy rating and fifteen have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $21.93.
View Our Latest Report on Bath & Body Works
Bath & Body Works Stock Performance
Bath & Body Works (NYSE:BBWI – Get Free Report) last issued its earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. The company had revenue of $1.38 billion for the quarter, compared to analysts’ expectations of $1.36 billion. Bath & Body Works had a net margin of 10.03% and a negative return on equity of 45.34%. Bath & Body Works’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.49 EPS. 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. As a group, research analysts expect that Bath & Body Works, Inc. will post 2.6 earnings per share for the current fiscal year.
Bath & Body Works Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 5th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date of this dividend is Friday, June 5th. Bath & Body Works’s dividend payout ratio is presently 22.47%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of BBWI. Global Retirement Partners LLC acquired a new position in Bath & Body Works in the 4th quarter valued at about $31,000. Activest Wealth Management acquired a new position in shares of Bath & Body Works during the 4th quarter worth approximately $32,000. Geneos Wealth Management Inc. grew its position in shares of Bath & Body Works by 217.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock worth $35,000 after purchasing an additional 801 shares in the last quarter. Parallel Advisors LLC grew its position in shares of Bath & Body Works by 42.6% during the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock worth $38,000 after purchasing an additional 567 shares in the last quarter. Finally, Danske Bank A S acquired a new position in shares of Bath & Body Works during the 3rd quarter worth approximately $39,000. Institutional investors and hedge funds own 95.14% of the company’s stock.
Bath & Body Works Company Profile
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.
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