Brokerages Set Bath & Body Works, Inc. (NYSE:BBWI) Target Price at $24.00

Bath & Body Works, Inc. (NYSE:BBWI) has earned a consensus recommendation of “Hold” from the seventeen analysts that are covering the firm, Marketbeat Ratings reports. Fourteen investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $24.00.

Several brokerages have issued reports on BBWI. The Goldman Sachs Group lowered Bath & Body Works from a “buy” rating to a “neutral” rating and dropped their price target for the company from $39.00 to $17.00 in a research note on Thursday, November 20th. UBS Group lifted their price objective on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft boosted their target price on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a “hold” rating in a research report on Tuesday, March 3rd. Jefferies Financial Group initiated coverage on shares of Bath & Body Works in a research note on Wednesday, January 14th. They set a “hold” rating and a $24.00 target price on the stock. Finally, Wells Fargo & Company reduced their price target on shares of Bath & Body Works from $33.00 to $25.00 and set an “overweight” rating for the company in a report on Friday, November 21st.

Institutional Trading of Bath & Body Works

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC increased its position in Bath & Body Works by 34.0% in the 4th quarter. Corient Private Wealth LLC now owns 22,619 shares of the company’s stock valued at $454,000 after buying an additional 5,739 shares in the last quarter. MidFirst Bank bought a new position in Bath & Body Works in the fourth quarter worth approximately $51,000. Kera Capital Partners Inc. boosted its holdings in Bath & Body Works by 68.3% in the fourth quarter. Kera Capital Partners Inc. now owns 13,891 shares of the company’s stock worth $303,000 after acquiring an additional 5,638 shares in the last quarter. Invesco Ltd. grew its stake in Bath & Body Works by 43.6% in the fourth quarter. Invesco Ltd. now owns 652,991 shares of the company’s stock valued at $13,112,000 after acquiring an additional 198,324 shares during the period. Finally, Alberta Investment Management Corp acquired a new stake in Bath & Body Works in the fourth quarter valued at approximately $1,135,000. 95.14% of the stock is owned by institutional investors.

Bath & Body Works Trading Up 4.8%

BBWI stock opened at $20.44 on Friday. The firm has a market cap of $4.18 billion, a PE ratio of 6.49, a price-to-earnings-growth ratio of 1.95 and a beta of 1.48. The stock has a 50-day moving average price of $22.37 and a 200-day moving average price of $22.98. Bath & Body Works has a 1-year low of $14.27 and a 1-year high of $34.66.

Bath & Body Works (NYSE:BBWI) last announced its earnings results on Wednesday, March 4th. The company reported $2.05 EPS for the quarter, beating the consensus estimate of $1.77 by $0.28. Bath & Body Works had a negative return on equity of 45.60% and a net margin of 8.90%.The company had revenue of $2.72 billion for the quarter, compared to analyst estimates of $2.59 billion. During the same quarter in the prior year, the company earned $2.09 EPS. The firm’s revenue for the quarter was down 2.3% compared to the same quarter last year. Bath & Body Works has set its Q1 2026 guidance at 0.240-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. On average, analysts forecast that Bath & Body Works will post 3.3 earnings per share for the current year.

Bath & Body Works Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Stockholders of record on Friday, February 20th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Friday, February 20th. Bath & Body Works’s dividend payout ratio is 25.40%.

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.