Bath & Body Works, Inc. (NYSE:BBWI) Receives $22.29 Average Price Target from Analysts

Shares of Bath & Body Works, Inc. (NYSE:BBWI) have been given a consensus rating of “Hold” by the nineteen ratings firms that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $22.1333.

BBWI has been the subject of several recent research reports. TD Cowen upped their price target on shares of Bath & Body Works from $20.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, May 28th. Barclays reduced their price objective on shares of Bath & Body Works from $23.00 to $22.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 27th. JPMorgan Chase & Co. raised their target price on Bath & Body Works from $22.00 to $24.00 and gave the stock a “neutral” rating in a research report on Tuesday, August 18th. Jefferies Financial Group upped their price target on Bath & Body Works from $22.00 to $23.00 and gave the company a “hold” rating in a research report on Tuesday, July 28th. Finally, BMO Capital Markets began coverage on Bath & Body Works in a research note on Tuesday. They issued a “market perform” rating and a $20.00 price target for the company.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in BBWI. BlackRock Inc. acquired a new stake in shares of Bath & Body Works during the second quarter worth $449,065,000. AQR Capital Management LLC grew its holdings in Bath & Body Works by 132.5% during the 4th quarter. AQR Capital Management LLC now owns 11,445,928 shares of the company’s stock worth $229,834,000 after acquiring an additional 6,523,960 shares during the period. California State Teachers Retirement System raised its position in shares of Bath & Body Works by 2,145.0% in the 2nd quarter. California State Teachers Retirement System now owns 5,363,801 shares of the company’s stock worth $124,065,000 after acquiring an additional 5,124,881 shares in the last quarter. Norges Bank bought a new position in shares of Bath & Body Works in the 4th quarter worth about $55,504,000. Finally, Balyasny Asset Management L.P. acquired a new position in shares of Bath & Body Works in the 4th quarter valued at about $54,785,000. Institutional investors own 95.14% of the company’s stock.

Bath & Body Works Trading Down 6.1%

Bath & Body Works stock opened at $17.75 on Friday. The company has a market capitalization of $3.58 billion, a PE ratio of 4.62, a P/E/G ratio of 1.94 and a beta of 1.38. Bath & Body Works has a 12 month low of $14.27 and a 12 month high of $28.36. The stock has a 50-day moving average price of $19.80 and a two-hundred day moving average price of $19.68.

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

Bath & Body Works Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors 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 is presently 20.83%.

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.