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

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have earned a consensus recommendation of “Hold” from the eighteen analysts that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, fourteen have given a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokers that have updated their coverage on the stock in the last year is $21.9286.

Several equities analysts have recently commented on BBWI shares. Wells Fargo & Company cut their price target on Bath & Body Works from $29.00 to $25.00 and set an “overweight” rating on the stock in a research note on Thursday, May 28th. Telsey Advisory Group cut their price target on Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating on the stock in a research note on Thursday, May 28th. Citigroup lowered Bath & Body Works from a “buy” rating to a “neutral” rating and raised their price target for the company from $21.00 to $25.00 in a research note on Tuesday, February 17th. The Goldman Sachs Group cut their price target on Bath & Body Works from $26.00 to $23.00 and set a “neutral” rating on the stock in a research note on Thursday, May 28th. Finally, Barclays cut their price target on Bath & Body Works from $25.00 to $23.00 and set an “equal weight” rating on the stock in a research note on Thursday, May 28th.

Hedge Funds Weigh In On Bath & Body Works

Several institutional investors and hedge funds have recently added to or reduced their stakes in BBWI. Global Retirement Partners LLC purchased a new position in Bath & Body Works in the fourth quarter valued at about $31,000. Activest Wealth Management purchased a new position in Bath & Body Works in the fourth quarter valued at about $32,000. Geneos Wealth Management Inc. grew its stake in Bath & Body Works by 217.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,169 shares of the company’s stock valued at $35,000 after purchasing an additional 801 shares during the last quarter. Parallel Advisors LLC grew its stake in Bath & Body Works by 42.6% in the fourth quarter. Parallel Advisors LLC now owns 1,897 shares of the company’s stock valued at $38,000 after purchasing an additional 567 shares during the last quarter. Finally, Danske Bank A S purchased a new position in Bath & Body Works in the third quarter valued at about $39,000. Hedge funds and other institutional investors own 95.14% of the company’s stock.

Bath & Body Works Stock Down 3.6%

BBWI stock opened at $18.05 on Thursday. The business’s fifty day simple moving average is $18.59 and its two-hundred day simple moving average is $20.13. Bath & Body Works has a twelve month low of $14.27 and a twelve month high of $33.96. The firm has a market cap of $3.64 billion, a price-to-earnings ratio of 5.07, a PEG ratio of 1.86 and a beta of 1.42.

Bath & Body Works (NYSE:BBWI) last released its earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates 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 business had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same quarter last year, the firm posted $0.49 earnings per share. The business’s revenue 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. Research analysts expect that Bath & Body Works will post 2.61 EPS for the current year.

Bath & Body Works Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Shareholders of record on Friday, June 5th will be paid a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 4.4%. The ex-dividend date is Friday, June 5th. Bath & Body Works’s payout ratio is 22.47%.

About Bath & Body Works

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.