Charles Schwab Investment Management Inc. Acquires 19,743 Shares of Build-A-Bear Workshop, Inc. $BBW

Key Points

• Charles Schwab Investment Management Inc. increased its holdings in Build-A-Bear Workshop by 42.9%, now owning approximately 0.50% of the company's shares worth $2.45 million.
• Analysts have a generally positive outlook on Build-A-Bear Workshop, with multiple firms raising their price targets, indicating an average target of $68.00 and a consensus "Buy" rating.
• Build-A-Bear Workshop recently reported earnings of $0.94 EPS, surpassing expectations, along with a quarterly dividend payment reflecting a 1.5% yield.

Charles Schwab Investment Management Inc. raised its holdings in Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 42.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,815 shares of the specialty retailer's stock after purchasing an additional 19,743 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.50% of Build-A-Bear Workshop worth $2,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of BBW. OneDigital Investment Advisors LLC lifted its position in shares of Build-A-Bear Workshop by 2.8% during the 1st quarter. OneDigital Investment Advisors LLC now owns 10,486 shares of the specialty retailer's stock valued at $390,000 after buying an additional 289 shares during the last quarter. SummerHaven Investment Management LLC lifted its position in shares of Build-A-Bear Workshop by 1.1% during the 1st quarter. SummerHaven Investment Management LLC now owns 31,861 shares of the specialty retailer's stock valued at $1,184,000 after buying an additional 340 shares during the last quarter. Ritholtz Wealth Management lifted its position in shares of Build-A-Bear Workshop by 2.4% during the 1st quarter. Ritholtz Wealth Management now owns 21,133 shares of the specialty retailer's stock valued at $786,000 after buying an additional 489 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its position in shares of Build-A-Bear Workshop by 7.0% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,242 shares of the specialty retailer's stock valued at $518,000 after buying an additional 736 shares during the last quarter. Finally, BOKF NA lifted its position in shares of Build-A-Bear Workshop by 5.8% during the 4th quarter. BOKF NA now owns 13,709 shares of the specialty retailer's stock valued at $575,000 after buying an additional 747 shares during the last quarter. Institutional investors own 79.30% of the company's stock.

Build-A-Bear Workshop Price Performance

Shares of NYSE:BBW traded up $0.05 on Wednesday, hitting $59.68. The company's stock had a trading volume of 193,658 shares, compared to its average volume of 277,329. The company has a 50-day simple moving average of $53.60 and a 200 day simple moving average of $45.06. Build-A-Bear Workshop, Inc. has a 1 year low of $29.32 and a 1 year high of $70.01. The company has a market capitalization of $788.37 million, a PE ratio of 13.40 and a beta of 0.72.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The specialty retailer reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.27. Build-A-Bear Workshop had a return on equity of 42.37% and a net margin of 11.34%.The firm had revenue of $124.25 million for the quarter, compared to analysts' expectations of $116.19 million. During the same quarter last year, the firm posted $0.64 EPS. On average, equities research analysts expect that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current fiscal year.

Build-A-Bear Workshop Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th were issued a $0.22 dividend. The ex-dividend date of this dividend was Thursday, June 26th. This represents a $0.88 annualized dividend and a dividend yield of 1.5%. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 19.73%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on BBW shares. DA Davidson upped their price target on Build-A-Bear Workshop from $64.00 to $85.00 and gave the company a "buy" rating in a research report on Friday, August 29th. Piper Sandler upped their price target on Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a research report on Thursday, May 15th. Zacks Research raised Build-A-Bear Workshop from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 29th. Northland Securities increased their price objective on Build-A-Bear Workshop from $60.00 to $80.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Finally, Wall Street Zen cut Build-A-Bear Workshop from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 23rd. One investment analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat, Build-A-Bear Workshop has an average rating of "Buy" and a consensus price target of $68.00.

Insider Buying and Selling at Build-A-Bear Workshop

In other Build-A-Bear Workshop news, CEO Sharon Price John sold 31,250 shares of the firm's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $45.73, for a total value of $1,429,062.50. Following the sale, the chief executive officer owned 291,305 shares of the company's stock, valued at $13,321,377.65. This trade represents a 9.69% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lesli Rotenberg sold 1,755 shares of the firm's stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $53.52, for a total value of $93,927.60. Following the completion of the sale, the director directly owned 11,825 shares in the company, valued at approximately $632,874. The trade was a 12.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 41,255 shares of company stock valued at $1,937,223 in the last 90 days. Corporate insiders own 5.80% of the company's stock.

Build-A-Bear Workshop Company Profile

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.