Build-A-Bear Workshop, Inc. (NYSE:BBW) is De Lisle Partners LLP's Largest Position

Key Points

• De Lisle Partners LLP has increased its stake in Build-A-Bear Workshop by 2.4%, now holding approximately $28.52 million in the company, making it their largest holding.
• Build-A-Bear reported strong earnings, with earnings per share (EPS) of $1.17, exceeding analysts' expectations of $0.86 for the quarter.
• The company recently announced a quarterly dividend of $0.22 per share, reflecting a yield of 1.69% and a payout ratio of 21.15%.

De Lisle Partners LLP increased its holdings in shares of Build-A-Bear Workshop, Inc. (NYSE:BBW - Free Report) by 2.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 765,911 shares of the specialty retailer's stock after acquiring an additional 18,000 shares during the period. Build-A-Bear Workshop makes up about 4.7% of De Lisle Partners LLP's portfolio, making the stock its largest holding. De Lisle Partners LLP owned 5.83% of Build-A-Bear Workshop worth $28,519,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BBW. OneDigital Investment Advisors LLC grew its holdings in shares of Build-A-Bear Workshop by 2.8% during the first quarter. OneDigital Investment Advisors LLC now owns 10,486 shares of the specialty retailer's stock worth $390,000 after buying an additional 289 shares in the last quarter. Brandywine Global Investment Management LLC lifted its position in shares of Build-A-Bear Workshop by 0.7% in the fourth quarter. Brandywine Global Investment Management LLC now owns 45,714 shares of the specialty retailer's stock worth $2,105,000 after purchasing an additional 340 shares in the last quarter. SummerHaven Investment Management LLC grew its holdings in Build-A-Bear Workshop by 1.1% during the first quarter. SummerHaven Investment Management LLC now owns 31,861 shares of the specialty retailer's stock valued at $1,184,000 after purchasing an additional 340 shares during the last quarter. Ritholtz Wealth Management lifted its position in Build-A-Bear Workshop by 2.4% in the first quarter. Ritholtz Wealth Management now owns 21,133 shares of the specialty retailer's stock worth $786,000 after purchasing an additional 489 shares during the period. Finally, Price T Rowe Associates Inc. MD increased its position in Build-A-Bear Workshop by 7.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,242 shares of the specialty retailer's stock worth $518,000 after purchasing an additional 736 shares during the period. 79.30% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Build-A-Bear Workshop

In other news, Director Craig Leavitt sold 8,250 shares of the firm's stock in a transaction dated Thursday, June 12th. The shares were sold at an average price of $50.21, for a total value of $414,232.50. Following the transaction, the director owned 72,392 shares of the company's stock, valued at approximately $3,634,802.32. This trade represents a 10.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lesli Rotenberg sold 1,755 shares of the business's stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $53.52, for a total transaction of $93,927.60. Following the transaction, the director owned 11,825 shares in the company, valued at approximately $632,874. The trade was a 12.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 48,248 shares of company stock worth $2,276,383. 5.80% of the stock is owned by insiders.

Build-A-Bear Workshop Trading Down 2.8%

Shares of BBW traded down $1.40 during mid-day trading on Friday, hitting $49.31. 181,968 shares of the company's stock were exchanged, compared to its average volume of 272,264. The firm has a market capitalization of $651.41 million, a P/E ratio of 11.90 and a beta of 0.70. Build-A-Bear Workshop, Inc. has a fifty-two week low of $23.63 and a fifty-two week high of $55.56. The business's 50 day moving average is $50.51 and its two-hundred day moving average is $42.60.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its earnings results on Thursday, May 29th. The specialty retailer reported $1.17 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.31. The company had revenue of $128.40 million during the quarter, compared to the consensus estimate of $118.90 million. Build-A-Bear Workshop had a net margin of 10.91% and a return on equity of 40.74%. During the same quarter in the previous year, the firm earned $0.82 EPS. On average, equities research analysts forecast that Build-A-Bear Workshop, Inc. will post 3.71 earnings per share for the current year.

Build-A-Bear Workshop Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 10th. Shareholders of record on Thursday, June 26th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.8%. The ex-dividend date was Thursday, June 26th. Build-A-Bear Workshop's dividend payout ratio (DPR) is presently 21.15%.

Analyst Upgrades and Downgrades

A number of brokerages have commented on BBW. Piper Sandler upped their price objective on Build-A-Bear Workshop from $35.00 to $39.00 and gave the company an "overweight" rating in a report on Thursday, May 15th. DA Davidson increased their target price on Build-A-Bear Workshop from $50.00 to $60.00 and gave the company a "buy" rating in a report on Friday, May 30th. Finally, Wall Street Zen upgraded Build-A-Bear Workshop from a "buy" rating to a "strong-buy" rating in a research note on Saturday, July 5th.

Build-A-Bear Workshop 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.