UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Acquires 50,051 Shares of Bath & Body Works, Inc. $BBWI

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Bath & Body Works, Inc. (NYSE:BBWI) by 9.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 595,549 shares of the company’s stock after purchasing an additional 50,051 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.30% of Bath & Body Works worth $13,775,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BlackRock Inc. purchased a new position in shares of Bath & Body Works in the second quarter worth $449,065,000. AQR Capital Management LLC increased its holdings in Bath & Body Works by 132.5% in the 4th quarter. AQR Capital Management LLC now owns 11,445,928 shares of the company’s stock valued at $229,834,000 after acquiring an additional 6,523,960 shares during the last quarter. Alliancebernstein L.P. increased its holdings in Bath & Body Works by 5.8% in the 2nd quarter. Alliancebernstein L.P. now owns 5,737,796 shares of the company’s stock valued at $171,904,000 after acquiring an additional 315,738 shares during the last quarter. Geode Capital Management LLC lifted its stake in Bath & Body Works by 2.9% in the 4th quarter. Geode Capital Management LLC now owns 3,960,475 shares of the company’s stock worth $79,542,000 after purchasing an additional 110,602 shares in the last quarter. Finally, Bank of America Corp DE boosted its holdings in shares of Bath & Body Works by 86.9% during the 3rd quarter. Bank of America Corp DE now owns 3,399,390 shares of the company’s stock valued at $87,568,000 after purchasing an additional 1,580,176 shares during the last quarter. 95.14% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BBWI has been the subject of a number of research analyst reports. Telsey Advisory Group cut their price objective on Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating for the company in a research report on Thursday, May 28th. JPMorgan Chase & Co. increased their price target on Bath & Body Works from $22.00 to $24.00 and gave the company a “neutral” rating in a research note on Tuesday, August 18th. Deutsche Bank Aktiengesellschaft set a $22.00 price target on Bath & Body Works in a report on Thursday, August 27th. Citigroup raised Bath & Body Works from a “neutral” rating to a “buy” rating and set a $25.00 price objective on the stock in a research note on Tuesday, August 18th. Finally, Jefferies Financial Group upped their price objective on Bath & Body Works from $22.00 to $23.00 and gave the stock a “hold” rating in a report on Tuesday, July 28th. Four analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Bath & Body Works has an average rating of “Hold” and a consensus price target of $22.29.

Bath & Body Works Trading Up 3.1%

BBWI opened at $19.56 on Friday. Bath & Body Works, Inc. has a 12 month low of $14.27 and a 12 month high of $32.03. The stock has a 50-day moving average of $20.06 and a 200 day moving average of $19.83. The firm has a market cap of $3.94 billion, a P/E ratio of 5.09, a P/E/G ratio of 2.01 and a beta of 1.38.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings data on Wednesday, August 26th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.38. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.50 billion. Bath & Body Works had a negative return on equity of 53.48% and a net margin of 10.83%.The company’s revenue for the quarter was down 2.3% on a year-over-year basis. During the same period last year, the company earned $0.30 EPS. Bath & Body Works has set its Q3 2026 guidance at 0.070-0.120 EPS and its FY 2026 guidance at 2.600-2.800 EPS. On average, research analysts forecast that Bath & Body Works, Inc. will post 2.73 earnings per share for the current fiscal year.

Bath & Body Works Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Friday, August 21st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.1%. Bath & Body Works’s payout ratio is currently 20.83%.

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.