Armistice Capital LLC Purchases Shares of 120,000 Victoria's Secret & Co. $VSCO

Key Points

• Armistice Capital LLC acquired 120,000 shares of Victoria's Secret & Co. for approximately $2.23 million, representing a 0.15% stake in the company.
• Several hedge funds, including Vanguard Group and T. Rowe Price, have increased their positions in Victoria's Secret, highlighting a growing institutional interest in the stock.
• Victoria's Secret & Co. reported earnings of $0.33 per share, exceeding expectations, and has set guidance for Q3 2025 at a projected EPS of -0.75 to -0.55.

Armistice Capital LLC bought a new stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 120,000 shares of the company's stock, valued at approximately $2,230,000. Armistice Capital LLC owned approximately 0.15% of Victoria's Secret & Co. at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in shares of Victoria's Secret & Co. by 0.4% in the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company's stock valued at $166,599,000 after buying an additional 38,695 shares in the last quarter. T. Rowe Price Investment Management Inc. raised its position in shares of Victoria's Secret & Co. by 18.3% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 1,868,817 shares of the company's stock valued at $34,723,000 after buying an additional 288,629 shares in the last quarter. Victory Capital Management Inc. raised its position in shares of Victoria's Secret & Co. by 54.2% in the 1st 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 in the last quarter. Cramer Rosenthal Mcglynn LLC raised its position in shares of Victoria's Secret & Co. by 163.0% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock valued at $26,140,000 after buying an additional 871,968 shares in the last quarter. Finally, Broad Bay Capital Management LP raised its position in shares of Victoria's Secret & Co. by 50.2% in the 1st quarter. Broad Bay Capital Management LP now owns 1,001,819 shares of the company's stock valued at $18,614,000 after buying an additional 334,785 shares in the last quarter. 90.29% of the stock is currently owned by institutional investors and hedge funds.

Victoria's Secret & Co. Trading Up 2.5%

NYSE VSCO traded up $0.56 on Wednesday, hitting $22.96. The company's stock had a trading volume of 2,543,751 shares, compared to its average volume of 3,172,883. The company has a quick ratio of 0.33, a current ratio of 1.16 and a debt-to-equity ratio of 1.60. Victoria's Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73. The company's 50-day moving average is $20.77 and its 200 day moving average is $20.66. The firm has a market cap of $1.83 billion, a PE ratio of 12.75, a PEG ratio of 1.26 and a beta of 2.20.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $1.46 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same period in the prior year, the company posted $0.40 EPS. The company'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 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Jefferies Financial Group dropped their target price on shares of Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, August 29th. Wall Street Zen upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Barclays upped their price objective on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research report on Friday, August 29th. Telsey Advisory Group reiterated a "market perform" rating and set a $24.00 price objective on shares of Victoria's Secret & Co. in a research report on Thursday, August 28th. Finally, Morgan Stanley reiterated a "positive" rating on shares of Victoria's Secret & Co. in a research report on Thursday, June 12th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $25.45.

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.