48,728 Shares in Bath & Body Works, Inc. $BBWI Bought by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC bought a new position in shares of Bath & Body Works, Inc. (NYSE:BBWI) in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 48,728 shares of the company’s stock, valued at approximately $1,127,000. Bath & Body Works makes up approximately 0.6% of Frazier Financial Advisors LLC’s investment portfolio, making the stock its 18th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Great Lakes Advisors LLC bought a new stake in shares of Bath & Body Works in the second quarter valued at about $2,516,000. Wealthfront Advisers LLC bought a new position in shares of Bath & Body Works during the second quarter worth about $1,432,000. Meeder Asset Management Inc. bought a new position in shares of Bath & Body Works during the second quarter worth about $66,000. Tortoise Investment Management LLC bought a new position in shares of Bath & Body Works during the second quarter worth about $310,000. Finally, BlackRock Inc. acquired a new stake in Bath & Body Works in the 2nd quarter valued at approximately $449,065,000. Institutional investors and hedge funds own 95.14% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on BBWI. TD Cowen boosted their target price on Bath & Body Works from $20.00 to $25.00 and gave the company a “buy” rating in a research note on Thursday, May 28th. Jefferies Financial Group raised their price target on shares of Bath & Body Works from $22.00 to $23.00 and gave the stock a “hold” rating in a research note on Tuesday, July 28th. Raymond James Financial reiterated a “market perform” rating on shares of Bath & Body Works in a report on Wednesday, May 27th. Telsey Advisory Group cut their price objective on shares of Bath & Body Works from $25.00 to $22.00 and set a “market perform” rating on the stock in a research report on Thursday, May 28th. Finally, Piper Sandler initiated coverage on shares of Bath & Body Works in a report on Friday, May 15th. They set a “neutral” rating and a $20.00 target price for the company. Four research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $22.57.

Bath & Body Works Stock Down 1.5%

BBWI stock opened at $19.73 on Thursday. The business has a 50 day moving average price of $20.45 and a two-hundred day moving average price of $20.12. The company has a market cap of $3.98 billion, a price-to-earnings ratio of 5.54, a P/E/G ratio of 1.98 and a beta of 1.38. Bath & Body Works, Inc. has a twelve month low of $14.27 and a twelve month high of $32.32.

Bath & Body Works (NYSE:BBWI) last posted its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $1.38 billion for the quarter, compared to analyst estimates of $1.36 billion. Bath & Body Works had a negative return on equity of 45.34% and a net margin of 10.03%.The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.49 EPS. 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. On average, equities research analysts anticipate that Bath & Body Works, Inc. will post 2.63 EPS for the current fiscal year.

Bath & Body Works Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.1%. The ex-dividend date is Friday, August 21st. Bath & Body Works’s payout ratio is presently 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.