Bath & Body Works, Inc. (NYSE:BBWI) Stock Has Average Target Price of $22.13 According to Brokerages

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have been given an average rating of “Hold” by the twenty ratings firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, fifteen have issued a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $22.13.

A number of brokerages recently commented on BBWI. Citigroup upgraded Bath & Body Works from a “neutral” rating to a “buy” rating and set a $25.00 target price for the company in a report on Tuesday, August 18th. Weiss Ratings raised shares of Bath & Body Works from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, July 9th. Wells Fargo & Company decreased their price objective on shares of Bath & Body Works from $26.00 to $24.00 and set an “overweight” rating for the company in a report on Thursday, August 27th. Jefferies Financial Group raised their target price on shares of Bath & Body Works from $22.00 to $23.00 and gave the stock a “hold” rating in a research report on Tuesday, July 28th. Finally, UBS Group cut their target price on shares of Bath & Body Works from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, August 27th.

Hedge Funds Weigh In On Bath & Body Works

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Bath & Body Works during the 2nd quarter valued at $449,065,000. Geode Capital Management LLC lifted its position in Bath & Body Works by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 3,960,475 shares of the company’s stock valued at $79,542,000 after acquiring an additional 110,602 shares during the period. Vaughan Nelson Investment Management L.P. lifted its position in Bath & Body Works by 33.8% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 2,852,040 shares of the company’s stock valued at $53,248,000 after acquiring an additional 719,795 shares during the period. Arrowstreet Capital Limited Partnership boosted its stake in Bath & Body Works by 34.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,777,576 shares of the company’s stock worth $51,857,000 after acquiring an additional 707,449 shares in the last quarter. Finally, Norges Bank bought a new stake in Bath & Body Works during the fourth quarter worth about $55,504,000. Institutional investors own 95.14% of the company’s stock.

Bath & Body Works Stock Up 3.0%

Shares of Bath & Body Works stock opened at $17.98 on Wednesday. The company’s fifty day simple moving average is $18.44 and its two-hundred day simple moving average is $19.06. Bath & Body Works has a 12-month low of $14.27 and a 12-month high of $27.40. The firm has a market cap of $3.63 billion, a PE ratio of 4.68, a price-to-earnings-growth ratio of 0.88 and a beta of 1.40.

Bath & Body Works (NYSE:BBWI) last posted its earnings results on Wednesday, August 26th. The company reported $0.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.38. Bath & Body Works had a negative return on equity of 53.48% and a net margin of 10.83%.The company had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.50 billion. During the same period last year, the firm earned $0.30 earnings per share. Bath & Body Works’s quarterly revenue was down 2.3% on a year-over-year basis. 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. As a group, sell-side analysts expect that Bath & Body Works will post 2.73 earnings per share for the current fiscal year.

Bath & Body Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were issued a $0.20 dividend. The ex-dividend date was Friday, August 21st. This represents a $0.80 annualized dividend and a yield of 4.5%. Bath & Body Works’s dividend payout ratio (DPR) is 20.83%.

Bath & Body Works Company Profile

Bath & Body Works, Inc is a specialty retailer focused on personal care and home fragrance products. Its portfolio includes body lotions and creams, shower products, fragrances, hand soaps and sanitizers, three-wick candles, wall-plug air fresheners, and other home-fragrance items. The company markets products under the Bath & Body Works brand and regularly introduces seasonal and limited-edition collections.

The company sells its products through a network of company-operated stores, its e-commerce website, and other direct channels.