Cwm LLC Buys 10,861 Shares of Bath & Body Works, Inc. $BBWI

Cwm LLC lifted its stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) by 14.6% during the second quarter, HoldingsChannel.com reports. The firm owned 85,192 shares of the company’s stock after purchasing an additional 10,861 shares during the quarter. Cwm LLC’s holdings in Bath & Body Works were worth $2,552,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Bath & Body Works by 38.9% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,711 shares of the company’s stock valued at $1,265,000 after purchasing an additional 11,681 shares during the period. IFM Investors Pty Ltd bought a new stake in shares of Bath & Body Works during the 1st quarter valued at $1,314,000. Golden State Wealth Management LLC raised its stake in shares of Bath & Body Works by 94.7% during the 1st quarter. Golden State Wealth Management LLC now owns 1,320 shares of the company’s stock valued at $40,000 after purchasing an additional 642 shares during the period. Amundi raised its stake in shares of Bath & Body Works by 382.1% during the 1st quarter. Amundi now owns 174,951 shares of the company’s stock valued at $4,872,000 after purchasing an additional 138,664 shares during the period. Finally, Nuveen LLC bought a new stake in shares of Bath & Body Works during the 1st quarter valued at $23,273,000. 95.14% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

BBWI has been the topic of a number of research analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of Bath & Body Works in a research note on Wednesday, October 8th. UBS Group decreased their target price on Bath & Body Works from $36.00 to $32.00 and set a “neutral” rating on the stock in a research note on Friday, August 29th. Citigroup decreased their target price on Bath & Body Works from $42.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, August 19th. Wall Street Zen lowered Bath & Body Works from a “buy” rating to a “hold” rating in a research note on Saturday, August 9th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $38.00 target price on shares of Bath & Body Works in a research note on Thursday, August 28th. Eleven analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $37.46.

Bath & Body Works Trading Up 1.9%

BBWI opened at $26.50 on Friday. The stock has a 50-day moving average price of $27.73 and a 200-day moving average price of $29.10. Bath & Body Works, Inc. has a 12-month low of $24.85 and a 12-month high of $41.87. The stock has a market capitalization of $5.46 billion, a P/E ratio of 7.86, a PEG ratio of 0.91 and a beta of 1.52.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings data on Thursday, August 28th. The company reported $0.37 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.37. Bath & Body Works had a negative return on equity of 48.43% and a net margin of 9.88%.The firm had revenue of $1.55 billion during the quarter, compared to analysts’ expectations of $1.55 billion. During the same period in the prior year, the business earned $0.37 EPS. The company’s revenue for the quarter was down .8% compared to the same quarter last year. Bath & Body Works has set its Q3 2025 guidance at 0.370-0.45 EPS. FY 2025 guidance at 3.350-3.600 EPS. On average, equities research analysts predict that Bath & Body Works, Inc. will post 3.3 EPS 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 issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, August 22nd. Bath & Body Works’s dividend payout ratio is presently 23.74%.

About Bath & Body Works

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.