Victoria's Secret & Co. $VSCO Shares Acquired by American Century Companies Inc.

Key Points

• American Century Companies Inc. increased its stake in Victoria's Secret & Co. by 13.7%, now owning approximately 0.30% of the company valued at $4.32 million after acquiring an additional 28,092 shares.
• Victoria's Secret & Co. reported a quarterly earnings per share (EPS) of $0.33, exceeding analyst estimates by $0.20, with revenue of $1.46 billion, reflecting a 2.9% increase compared to the same period last year.
• Analysts have varied ratings on Victoria's Secret & Co., with price targets ranging from $16.00 to $27.00, and a consensus rating of "Hold" with an average target price of $25.45.

American Century Companies Inc. grew its holdings in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 13.7% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 232,698 shares of the company's stock after purchasing an additional 28,092 shares during the quarter. American Century Companies Inc. owned approximately 0.30% of Victoria's Secret & Co. worth $4,324,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Vanguard Group Inc. grew its position in shares of Victoria's Secret & Co. by 0.4% in the first quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company's stock valued at $166,599,000 after purchasing an additional 38,695 shares during the last quarter. Victory Capital Management Inc. lifted its stake in shares of Victoria's Secret & Co. by 54.2% during the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after buying an additional 502,622 shares during the period. Dimensional Fund Advisors LP lifted its stake in shares of Victoria's Secret & Co. by 16.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,377,220 shares of the company's stock valued at $57,048,000 after buying an additional 196,155 shares during the period. Point72 Hong Kong Ltd purchased a new position in shares of Victoria's Secret & Co. during the fourth quarter valued at approximately $37,693,000. Finally, Northern Trust Corp lifted its stake in shares of Victoria's Secret & Co. by 10.2% during the fourth quarter. Northern Trust Corp now owns 896,274 shares of the company's stock valued at $37,124,000 after buying an additional 82,729 shares during the period. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. UBS Group upped their price objective on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Friday, August 29th. Wells Fargo & Company upped their price objective on shares of Victoria's Secret & Co. from $14.00 to $17.00 and gave the company an "underweight" rating in a research note on Friday, August 29th. JPMorgan Chase & Co. upped their price objective on shares of Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a research note on Monday, July 28th. Bank of America upped their price objective on shares of Victoria's Secret & Co. from $18.00 to $21.00 and gave the company an "underperform" rating in a research note on Friday, August 29th. Finally, Zacks Research raised shares of Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Four research analysts have rated the stock with a Buy rating, six have issued a Hold rating and three have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, Victoria's Secret & Co. presently has an average rating of "Hold" and a consensus price target of $25.45.

Victoria's Secret & Co. Trading Up 11.4%

NYSE:VSCO traded up $2.62 during trading hours on Thursday, reaching $25.59. 5,322,217 shares of the company were exchanged, compared to its average volume of 3,129,330. The company has a debt-to-equity ratio of 1.60, a current ratio of 1.16 and a quick ratio of 0.33. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 1.25 and a beta of 2.20. Victoria's Secret & Co. has a 52-week low of $13.76 and a 52-week high of $48.73. The stock has a 50 day simple moving average of $20.91 and a 200 day simple moving average of $20.61.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 35.37%. The company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter last year, the firm posted $0.40 earnings per share. Victoria's Secret & Co.'s revenue was up 2.9% on a year-over-year basis. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, analysts predict that Victoria's Secret & Co. will post 2.37 EPS for the current year.

Victoria's Secret & Co. Company Profile

Victoria's Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.