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

Trust Co. of Toledo NA OH lowered its holdings in Bath & Body Works, Inc. (NYSE:BBWI) by 6.1% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,892 shares of the company’s stock after selling 969 shares during the quarter. Trust Co. of Toledo NA OH’s holdings in Bath & Body Works were worth $446,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. SVB Wealth LLC acquired a new stake in Bath & Body Works in the first quarter valued at $35,000. Geneos Wealth Management Inc. lifted its holdings in Bath & Body Works by 217.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after acquiring an additional 801 shares during the period. Parallel Advisors LLC lifted its holdings in Bath & Body Works by 63.3% in the second quarter. Parallel Advisors LLC now owns 1,241 shares of the company’s stock valued at $37,000 after acquiring an additional 481 shares during the period. Golden State Wealth Management LLC increased its position in shares of Bath & Body Works by 94.7% in the first quarter. Golden State Wealth Management LLC now owns 1,320 shares of the company’s stock valued at $40,000 after buying an additional 642 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of Bath & Body Works by 65.9% in the first quarter. UMB Bank n.a. now owns 1,501 shares of the company’s stock valued at $46,000 after buying an additional 596 shares in the last quarter. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Barclays raised their price target on Bath & Body Works from $30.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, August 29th. UBS Group dropped their price target on Bath & Body Works from $36.00 to $32.00 and set a “neutral” rating for the company in a research report on Friday, August 29th. Wall Street Zen cut Bath & Body Works from a “buy” rating to a “hold” rating in a research report on Saturday, August 9th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Bath & Body Works in a research report on Wednesday. Finally, Citigroup dropped their price objective on Bath & Body Works from $42.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, August 19th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $38.15.

Bath & Body Works Price Performance

BBWI opened at $24.98 on Friday. The stock 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 moving average of $28.02 and a two-hundred day moving average of $29.27. Bath & Body Works, Inc. has a 12 month low of $24.85 and a 12 month high of $41.87.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.37 EPS for the quarter, meeting the consensus estimate of $0.37. The company had revenue of $1.55 billion during the quarter, compared to analysts’ expectations 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 quarter in the previous 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. Equities research analysts anticipate that Bath & Body Works, Inc. will post 3.3 earnings per share for the current year.

Bath & Body Works Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 5th. Stockholders of record on Friday, August 22nd were paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Friday, August 22nd. Bath & Body Works’s payout ratio is currently 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.