Intech Investment Management LLC Acquires 152,065 Shares of Victoria's Secret & Co. $VSCO

Key Points

• Intech Investment Management LLC significantly increased its stake in Victoria's Secret & Co., purchasing an additional 152,065 shares, raising its ownership by 642.8% to a total of 175,722 shares now valued at approximately $3.27 million.
• Several hedge funds also increased their positions in the company during the first quarter, with 90.29% of the stock currently held by institutional investors.
• Victoria's Secret & Co. reported a quarterly earnings per share of $0.33, which exceeded analyst expectations, along with a revenue of $1.46 billion, beating forecasts by $60 million.

Intech Investment Management LLC grew its position in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 642.8% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 175,722 shares of the company's stock after buying an additional 152,065 shares during the period. Intech Investment Management LLC owned about 0.22% of Victoria's Secret & Co. worth $3,265,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VSCO. Virtus Advisers LLC bought a new stake in shares of Victoria's Secret & Co. in the 1st quarter valued at approximately $30,000. NBC Securities Inc. increased its position in shares of Victoria's Secret & Co. by 141,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock valued at $52,000 after purchasing an additional 2,820 shares during the period. Allworth Financial LP increased its position in shares of Victoria's Secret & Co. by 677.4% during the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company's stock valued at $57,000 after purchasing an additional 2,669 shares during the period. KBC Group NV increased its position in shares of Victoria's Secret & Co. by 40.8% during the 1st quarter. KBC Group NV now owns 3,904 shares of the company's stock valued at $73,000 after purchasing an additional 1,132 shares during the period. Finally, DekaBank Deutsche Girozentrale increased its position in shares of Victoria's Secret & Co. by 107.1% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 5,093 shares of the company's stock valued at $91,000 after purchasing an additional 2,634 shares during the period. 90.29% of the stock is currently owned by institutional investors.

Victoria's Secret & Co. Stock Up 5.3%

Shares of NYSE:VSCO traded up $1.40 on Monday, reaching $27.84. The company had a trading volume of 4,258,361 shares, compared to its average volume of 3,212,921. Victoria's Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73. The company has a quick ratio of 0.36, a current ratio of 1.14 and a debt-to-equity ratio of 1.48. The stock has a market capitalization of $2.23 billion, a P/E ratio of 15.47, a P/E/G ratio of 1.44 and a beta of 2.19. The stock has a 50-day moving average price of $21.81 and a 200 day moving average price of $20.39.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its quarterly earnings data on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.20. Victoria's Secret & Co. had a return on equity of 33.77% and a net margin of 2.42%.The business had revenue of $1.46 billion during the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the previous year, the firm earned $0.40 EPS. The firm's revenue was up 2.9% compared to the same quarter last year. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. On average, equities analysts expect that Victoria's Secret & Co. will post 2.37 EPS for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a research report on Monday, August 11th. Morgan Stanley reissued a "reduce" rating on shares of Victoria's Secret & Co. in a research note on Friday. Wells Fargo & Company raised their price objective on Victoria's Secret & Co. from $14.00 to $17.00 and gave the stock an "underweight" rating in a research note on Friday, August 29th. Barclays raised their target price on 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. Finally, Telsey Advisory Group restated a "market perform" rating and issued a $24.00 target price on shares of Victoria's Secret & Co. in a research note on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Reduce" and a consensus price target of $26.27.

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.