Goldentree Asset Management LP Lowers Stock Position in Victoria’s Secret & Co. $VSCO

Goldentree Asset Management LP decreased its holdings in Victoria’s Secret & Co. (NYSE:VSCO) by 18.1% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,448,507 shares of the company’s stock after selling 540,580 shares during the quarter. Victoria’s Secret & Co. accounts for approximately 5.5% of Goldentree Asset Management LP’s holdings, making the stock its 6th biggest holding. Goldentree Asset Management LP owned 3.05% of Victoria’s Secret & Co. worth $66,322,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. CIBC Bancorp USA Inc. acquired a new stake in shares of Victoria’s Secret & Co. during the 3rd quarter valued at about $201,000. Eaton Financial Holdings Company LLC raised its position in Victoria’s Secret & Co. by 33.6% in the third quarter. Eaton Financial Holdings Company LLC now owns 48,764 shares of the company’s stock worth $1,323,000 after purchasing an additional 12,273 shares in the last quarter. Dark Forest Capital Management LP bought a new position in Victoria’s Secret & Co. during the third quarter worth about $1,769,000. Verition Fund Management LLC boosted its holdings in Victoria’s Secret & Co. by 32.1% during the third quarter. Verition Fund Management LLC now owns 202,793 shares of the company’s stock valued at $5,504,000 after purchasing an additional 49,330 shares in the last quarter. Finally, Polymer Capital Management US LLC acquired a new stake in Victoria’s Secret & Co. during the third quarter valued at approximately $929,000. 90.29% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Jefferies Financial Group restated a “buy” rating on shares of Victoria’s Secret & Co. in a research report on Thursday, March 5th. Zacks Research upgraded Victoria’s Secret & Co. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. Bank of America upgraded Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price objective for the company in a research note on Monday, December 8th. TD Cowen cut their price objective on Victoria’s Secret & Co. from $60.00 to $58.00 and set a “hold” rating for the company in a report on Friday, March 6th. Finally, UBS Group set a $58.00 target price on shares of Victoria’s Secret & Co. in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $60.20.

Victoria’s Secret & Co. Stock Performance

NYSE:VSCO opened at $47.68 on Thursday. The stock has a market capitalization of $3.83 billion, a P/E ratio of 25.63, a price-to-earnings-growth ratio of 1.39 and a beta of 2.19. The company has a current ratio of 1.30, a quick ratio of 0.38 and a debt-to-equity ratio of 1.96. Victoria’s Secret & Co. has a 1 year low of $13.76 and a 1 year high of $66.89. The firm has a 50 day moving average of $57.82 and a 200-day moving average of $44.60.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings results on Thursday, March 5th. The company reported $2.77 EPS for the quarter, topping analysts’ consensus estimates of $2.48 by $0.29. Victoria’s Secret & Co. had a return on equity of 36.21% and a net margin of 2.45%.The business had revenue of $2.27 billion for the quarter, compared to analyst estimates of $2.22 billion. During the same period in the prior year, the company earned $2.60 EPS. Victoria’s Secret & Co.’s revenue for the quarter was up 7.8% on a year-over-year basis. Victoria’s Secret & Co. has set its Q1 2026 guidance at 0.200-0.300 EPS and its FY 2026 guidance at 3.200-3.450 EPS. As a group, sell-side analysts anticipate that Victoria’s Secret & Co. will post 2.37 EPS for the current fiscal year.

Victoria’s Secret & Co. Company 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.