Bath & Body Works, Inc. (NYSE:BBWI) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have received an average recommendation of “Hold” from the eighteen analysts that are presently covering the stock, Marketbeat Ratings reports. Fifteen investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $21.2143.

A number of brokerages recently weighed in on BBWI. UBS Group lowered their price objective on shares of Bath & Body Works from $22.00 to $19.00 and set a “neutral” rating for the company in a research report on Wednesday, May 20th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Bath & Body Works in a research report on Monday, April 20th. Raymond James Financial reaffirmed a “market perform” rating on shares of Bath & Body Works in a research report on Wednesday. Piper Sandler began coverage on shares of Bath & Body Works in a research report on Friday, May 15th. They set a “neutral” rating and a $20.00 price objective for the company. Finally, Telsey Advisory Group boosted their price objective on shares of Bath & Body Works from $23.00 to $25.00 and gave the company a “market perform” rating in a research report on Thursday, March 5th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Gabelli Funds LLC grew its position in Bath & Body Works by 1.2% in the 3rd quarter. Gabelli Funds LLC now owns 47,536 shares of the company’s stock worth $1,225,000 after purchasing an additional 542 shares during the last quarter. Parallel Advisors LLC grew its position in Bath & Body Works by 42.6% in the 4th quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock worth $38,000 after purchasing an additional 567 shares during the last quarter. State of Michigan Retirement System grew its position in Bath & Body Works by 1.2% in the 1st quarter. State of Michigan Retirement System now owns 49,300 shares of the company’s stock worth $920,000 after purchasing an additional 600 shares during the last quarter. Meeder Asset Management Inc. grew its position in Bath & Body Works by 28.5% in the 4th 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. Finally, State of Wyoming grew its position in Bath & Body Works by 6.2% in the 2nd 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. Institutional investors own 95.14% of the company’s stock.

More Bath & Body Works News

Here are the key news stories impacting Bath & Body Works this week:

• Positive Sentiment: BBWI reported Q1 adjusted EPS and revenue above Wall Street expectations, suggesting the business is performing better than feared. Bath & Body Works Stock Pops As Management Signals Turnaround Momentum Building
• Positive Sentiment: Management reaffirmed full-year guidance, which helped reassure investors that the turnaround remains on track and reduced fears of a deeper slowdown. Bath & Body Works shares gain as Q1 beat and reaffirmed guidance reassure investors
• Neutral Sentiment: The company’s first-quarter sales still declined 3% year over year, showing that the turnaround is improving sentiment but has not yet returned the business to growth. Bath & Body Works Sales Fall Amid Turnaround Efforts
• Neutral Sentiment: Bath & Body Works also announced that CFO Eva Boratto will step down June 12, with an interim CFO and search process underway, adding some management transition risk. Bath-Body-Works-Reports-First-Quarter-Results-Exceeding-Guidance-and-Progress-Against-the-Consumer-First-Formula
• Negative Sentiment: While guidance was reaffirmed, full-year sales are still projected to decline, which may limit upside if the turnaround takes longer than expected. Bath-Body-Works-Reports-First-Quarter-Results-Exceeding-Guidance-and-Progress-Against-the-Consumer-First-Formula

Bath & Body Works Stock Up 10.3%

Shares of NYSE:BBWI opened at $19.56 on Thursday. Bath & Body Works has a fifty-two week low of $14.27 and a fifty-two week high of $33.96. The firm has a 50-day simple moving average of $18.65 and a 200 day simple moving average of $20.24. The company has a market cap of $3.94 billion, a PE ratio of 6.21, a P/E/G ratio of 1.76 and a beta of 1.43.

Bath & Body Works (NYSE:BBWI) last announced its quarterly earnings data on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Bath & Body Works had a net margin of 8.90% and a negative return on equity of 45.60%. The business had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the prior year, the firm earned $0.49 EPS. The company’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 forecast that Bath & Body Works will post 2.61 EPS for the current fiscal year.

Bath & Body Works Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, June 5th will be given a $0.20 dividend. The ex-dividend date is Friday, June 5th. This represents a $0.80 annualized dividend and a yield of 4.1%. Bath & Body Works’s dividend payout ratio is 25.40%.

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.