Eaton Financial Holdings Company LLC Invests $676,000 in Victoria's Secret & Co. $VSCO

Key Points

• Eaton Financial Holdings Company LLC has invested approximately $676,000 in Victoria's Secret & Co., purchasing 36,491 shares during the second quarter.
• Analyst reports indicate varying ratings for the stock, with Barclays upgrading the price target from $23 to $27, while others have set lower targets.
• Victoria's Secret & Co. reported an earnings per share (EPS) of $0.33 for the last quarter, exceeding the consensus estimate of $0.13, and a revenue of $1.46 billion.

Eaton Financial Holdings Company LLC bought a new stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 36,491 shares of the company's stock, valued at approximately $676,000.

A number of other large investors also recently made changes to their positions in the company. Millennium Management LLC boosted its stake in Victoria's Secret & Co. by 9,595.8% in the 1st quarter. Millennium Management LLC now owns 1,419,080 shares of the company's stock valued at $26,367,000 after purchasing an additional 1,404,444 shares during the period. Cramer Rosenthal Mcglynn LLC lifted its holdings in shares of Victoria's Secret & Co. by 163.0% during the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock worth $26,140,000 after buying an additional 871,968 shares in the last quarter. Victory Capital Management Inc. boosted its position in shares of Victoria's Secret & Co. by 54.2% in the first quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after acquiring an additional 502,622 shares during the period. Federated Hermes Inc. grew its stake in shares of Victoria's Secret & Co. by 330.6% in the first quarter. Federated Hermes Inc. now owns 570,073 shares of the company's stock valued at $10,592,000 after acquiring an additional 437,688 shares in the last quarter. Finally, Nuveen LLC acquired a new position in shares of Victoria's Secret & Co. in the first quarter valued at about $7,170,000. Institutional investors own 90.29% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Barclays boosted their price objective on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the company an "overweight" rating in a report on Friday, August 29th. Bank of America raised their price objective on Victoria's Secret & Co. from $18.00 to $21.00 and gave the stock an "underperform" rating in a research note on Friday, August 29th. The Goldman Sachs Group upped their target price on Victoria's Secret & Co. from $16.00 to $18.00 and gave the company a "sell" rating in a research report on Friday, August 29th. Jefferies Financial Group reduced their target price on Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating on the stock in a report on Friday, August 29th. Finally, Zacks Research raised Victoria's Secret & Co. to a "hold" rating in a research note on Monday, August 11th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and a consensus price target of $26.27.

Victoria's Secret & Co. Trading Down 4.0%

VSCO opened at $25.56 on Tuesday. Victoria's Secret & Co. has a fifty-two week low of $13.76 and a fifty-two week high of $48.73. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.36. The firm has a market capitalization of $2.05 billion, a price-to-earnings ratio of 14.20, a PEG ratio of 1.44 and a beta of 2.19. The company's 50 day moving average price is $22.50 and its two-hundred day moving average price is $20.56.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released 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. The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company's revenue for the quarter was up 2.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.40 earnings per share. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, research analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

About Victoria's Secret & Co.

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.

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