SummerHaven Investment Management LLC Boosts Stake in Victoria’s Secret & Co. $VSCO

SummerHaven Investment Management LLC increased its position in Victoria’s Secret & Co. (NYSE:VSCO) by 2.0% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 43,043 shares of the company’s stock after purchasing an additional 845 shares during the period. SummerHaven Investment Management LLC owned 0.05% of Victoria’s Secret & Co. worth $797,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. CWM LLC increased its position in Victoria’s Secret & Co. by 6.2% in the 1st quarter. CWM LLC now owns 16,660 shares of the company’s stock valued at $310,000 after acquiring an additional 975 shares during the period. KBC Group NV increased its position in Victoria’s Secret & Co. by 40.8% in the 1st 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 during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Victoria’s Secret & Co. by 6.9% in the 1st 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 during the period. Fox Run Management L.L.C. increased its position in Victoria’s Secret & Co. by 14.3% in the 1st quarter. Fox Run Management L.L.C. now owns 10,760 shares of the company’s stock valued at $200,000 after acquiring an additional 1,348 shares during the period. Finally, Virtus Advisers LLC acquired a new position in Victoria’s Secret & Co. in the 1st quarter valued at about $30,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on VSCO. JPMorgan Chase & Co. boosted their price target on Victoria’s Secret & Co. from $27.00 to $28.00 and gave the company a “neutral” rating in a research report on Monday, September 15th. Zacks Research upgraded Victoria’s Secret & Co. to a “hold” rating in a research report on Monday, August 11th. Morgan Stanley restated a “reduce” rating on shares of Victoria’s Secret & Co. in a research report on Friday, September 12th. Barclays boosted their target price on Victoria’s Secret & Co. from $23.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, August 29th. Finally, UBS Group boosted their target price on Victoria’s Secret & Co. from $21.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $26.27.

Victoria’s Secret & Co. Stock Performance

VSCO opened at $26.25 on Monday. The stock has a market cap of $2.10 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.42 and a beta of 2.19. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. The stock’s 50 day simple moving average is $23.10 and its 200 day simple moving average is $20.81. Victoria’s Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share 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 analysts’ expectations of $1.40 billion. Victoria’s Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The company’s revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.40 EPS. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. As a group, equities analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

About Victoria’s Secret & Co.

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.