Victoria’s Secret & Co. $VSCO Stock Holdings Boosted by Public Sector Pension Investment Board

Public Sector Pension Investment Board raised its position in Victoria’s Secret & Co. (NYSE:VSCO) by 14.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 311,502 shares of the company’s stock after purchasing an additional 39,356 shares during the quarter. Public Sector Pension Investment Board’s holdings in Victoria’s Secret & Co. were worth $8,454,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the business. Optimize Financial Inc bought a new position in Victoria’s Secret & Co. in the 3rd quarter worth approximately $617,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Victoria’s Secret & Co. during the 2nd quarter valued at $200,000. Y Intercept Hong Kong Ltd raised its stake in shares of Victoria’s Secret & Co. by 362.1% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 84,410 shares of the company’s stock worth $2,291,000 after buying an additional 66,144 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in Victoria’s Secret & Co. by 219.3% during the second quarter. Vestmark Advisory Solutions Inc. now owns 55,542 shares of the company’s stock valued at $1,029,000 after buying an additional 38,149 shares in the last quarter. Finally, Bank of Montreal Can grew its holdings in Victoria’s Secret & Co. by 45.9% during the second quarter. Bank of Montreal Can now owns 28,266 shares of the company’s stock worth $523,000 after acquiring an additional 8,892 shares during the period. Institutional investors own 90.29% of the company’s stock.

Wall Street Analyst Weigh In

VSCO has been the topic of a number of research reports. Morgan Stanley upgraded Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 target price on the stock in a report on Friday, December 5th. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $34.00 to $60.00 in a research report on Friday, December 5th. Bank of America upgraded shares of Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price target on the stock in a report on Monday, December 8th. Barclays reiterated an “overweight” rating on shares of Victoria’s Secret & Co. in a report on Tuesday, January 6th. Finally, UBS Group boosted their target price on Victoria’s Secret & Co. from $60.00 to $73.00 and gave the company a “buy” rating in a research note on Thursday, January 8th. Seven research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Victoria’s Secret & Co. currently has an average rating of “Moderate Buy” and a consensus price target of $55.20.

Victoria’s Secret & Co. Stock Performance

NYSE:VSCO opened at $60.21 on Wednesday. The firm has a market capitalization of $4.83 billion, a PE ratio of 29.37, a price-to-earnings-growth ratio of 2.21 and a beta of 2.21. The company has a quick ratio of 0.38, a current ratio of 1.30 and a debt-to-equity ratio of 1.96. Victoria’s Secret & Co. has a 12-month low of $13.76 and a 12-month high of $66.89. The firm has a 50-day moving average price of $57.79 and a 200 day moving average price of $39.88.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings data on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.60) by $0.33. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period in the prior year, the company posted ($0.50) earnings per share. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. Research analysts anticipate that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Victoria’s Secret & Co. Profile

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.