Bath & Body Works, Inc. $BBWI Stock Position Decreased by BNP Paribas Financial Markets

BNP Paribas Financial Markets decreased its stake in shares of Bath & Body Works, Inc. (NYSE:BBWI) by 5.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 1,563,965 shares of the company’s stock after selling 90,502 shares during the period. BNP Paribas Financial Markets’ holdings in Bath & Body Works were worth $31,404,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in BBWI. Global Retirement Partners LLC acquired a new stake in Bath & Body Works in the 4th quarter valued at approximately $31,000. Activest Wealth Management acquired a new stake in Bath & Body Works in the 4th quarter valued at approximately $32,000. Geneos Wealth Management Inc. grew its holdings in Bath & Body Works by 217.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after buying an additional 801 shares during the last quarter. Danske Bank A S bought a new stake in shares of Bath & Body Works in the 3rd quarter worth approximately $39,000. Finally, First Horizon Corp lifted its position in shares of Bath & Body Works by 96.3% in the 4th quarter. First Horizon Corp now owns 2,218 shares of the company’s stock worth $45,000 after acquiring an additional 1,088 shares during the period. Institutional investors and hedge funds own 95.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on BBWI. The Goldman Sachs Group reduced their price objective on Bath & Body Works from $26.00 to $23.00 and set a “neutral” rating for the company in a research report on Thursday, May 28th. Weiss Ratings downgraded Bath & Body Works from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday. Citigroup downgraded Bath & Body Works from a “buy” rating to a “neutral” rating and raised their target price for the stock from $21.00 to $25.00 in a research report on Tuesday, February 17th. Raymond James Financial restated a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday, May 27th. Finally, Telsey Advisory Group cut their target price 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. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $21.93.

Bath & Body Works Stock Performance

Shares of BBWI opened at $17.96 on Friday. The stock has a fifty day moving average price of $18.59 and a two-hundred day moving average price of $20.10. Bath & Body Works, Inc. has a 52-week low of $14.27 and a 52-week high of $33.96. The company has a market cap of $3.62 billion, a price-to-earnings ratio of 5.05, a PEG ratio of 1.79 and a beta of 1.42.

Bath & Body Works (NYSE:BBWI) last issued its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the company posted $0.49 EPS. The business’s revenue for the quarter 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, research analysts predict that Bath & Body Works, Inc. will post 2.61 EPS for the current fiscal year.

Bath & Body Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Stockholders of record on Friday, June 5th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, June 5th. 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.