Bath & Body Works, Inc. (NYSE:BBWI) Receives $21.93 Consensus Price Target from Brokerages

Bath & Body Works, Inc. (NYSE:BBWI) has received a consensus recommendation of “Hold” from the eighteen ratings firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $21.9286.

A number of equities research analysts recently commented on the company. Barclays lowered their price target on Bath & Body Works from $25.00 to $23.00 and set an “equal weight” rating for the company in a research report on Thursday, May 28th. Telsey Advisory Group cut their price objective on shares of Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating on the stock in a report on Thursday, May 28th. Weiss Ratings upgraded shares of Bath & Body Works from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, July 9th. Jefferies Financial Group increased their target price on shares of Bath & Body Works from $22.00 to $23.00 and gave the company a “hold” rating in a report on Tuesday, July 28th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday, May 27th.

Hedge Funds Weigh In On Bath & Body Works

Several hedge funds have recently modified their holdings of BBWI. Parallel Advisors LLC grew its holdings in shares of Bath & Body Works by 42.6% in the fourth quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after acquiring an additional 567 shares in the last quarter. State of Michigan Retirement System lifted its holdings in Bath & Body Works by 1.2% during the first quarter. State of Michigan Retirement System now owns 49,300 shares of the company’s stock worth $920,000 after acquiring an additional 600 shares during the period. Meeder Asset Management Inc. boosted its position in Bath & Body Works by 28.5% in the fourth quarter. Meeder Asset Management Inc. now owns 2,874 shares of the company’s stock worth $58,000 after purchasing an additional 637 shares during the last quarter. State of Wyoming boosted its position in Bath & Body Works by 6.2% in the second quarter. State of Wyoming now owns 11,294 shares of the company’s stock worth $338,000 after purchasing an additional 661 shares during the last quarter. Finally, Vident Advisory LLC grew its stake in Bath & Body Works by 2.8% in the 2nd quarter. Vident Advisory LLC now owns 25,229 shares of the company’s stock valued at $756,000 after purchasing an additional 692 shares during the period. Institutional investors own 95.14% of the company’s stock.

Bath & Body Works Stock Performance

BBWI stock opened at $18.62 on Tuesday. The company has a market capitalization of $3.75 billion, a P/E ratio of 5.23, a price-to-earnings-growth ratio of 1.79 and a beta of 1.38. Bath & Body Works has a 52-week low of $14.27 and a 52-week high of $32.32. The business has a 50-day simple moving average of $20.33 and a two-hundred day simple moving average of $20.17.

Bath & Body Works (NYSE:BBWI) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same period in the prior year, the business posted $0.49 earnings per share. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. 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, sell-side analysts forecast that Bath & Body Works will post 2.63 earnings per share for the current fiscal year.

Bath & Body Works Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be paid a $0.20 dividend. The ex-dividend date is Friday, August 21st. This represents a $0.80 annualized dividend and a yield of 4.3%. Bath & Body Works’s dividend payout ratio (DPR) is 22.47%.

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.