Victoria's Secret & Co. $VSCO Shares Bought by Jones Financial Companies Lllp

Key Points

• Jones Financial Companies Lllp significantly increased its stake in Victoria's Secret & Co. by purchasing an additional 382,350 shares, bringing its total ownership to approximately 0.49% of the company, valued at around $7.1 million.
• Barclays raised its target price for Victoria's Secret & Co. from $23.00 to $27.00, reflecting a positive outlook, while the stock currently has an average rating of "Hold" among analysts.
• Victoria's Secret reported earnings of $0.33 EPS for the latest quarter, exceeding estimates, alongside revenue of $1.46 billion, which is a 2.9% increase year-over-year.

Jones Financial Companies Lllp boosted its stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 606,904.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 382,413 shares of the company's stock after purchasing an additional 382,350 shares during the period. Jones Financial Companies Lllp owned about 0.49% of Victoria's Secret & Co. worth $7,105,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. CWM LLC grew its position in shares of Victoria's Secret & Co. by 6.2% in the 1st quarter. CWM LLC now owns 16,660 shares of the company's stock worth $310,000 after buying an additional 975 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Victoria's Secret & Co. by 1.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,152 shares of the company's stock worth $2,533,000 after buying an additional 1,018 shares during the last quarter. KBC Group NV grew its position in shares of Victoria's Secret & Co. by 40.8% in the 1st quarter. KBC Group NV now owns 3,904 shares of the company's stock worth $73,000 after buying an additional 1,132 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Victoria's Secret & Co. by 6.9% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 20,364 shares of the company's stock worth $378,000 after buying an additional 1,307 shares during the last quarter. Finally, Fox Run Management L.L.C. grew its position in shares of Victoria's Secret & Co. by 14.3% in the 1st quarter. Fox Run Management L.L.C. now owns 10,760 shares of the company's stock worth $200,000 after buying an additional 1,348 shares during the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

Victoria's Secret & Co. Trading Down 2.0%

Shares of NYSE:VSCO traded down $0.54 during trading on Friday, hitting $26.48. The company had a trading volume of 2,818,418 shares, compared to its average volume of 3,206,669. Victoria's Secret & Co. has a one year low of $13.76 and a one year 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 0.33. The stock has a market cap of $2.12 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 1.47 and a beta of 2.20. The company has a fifty day simple moving average of $21.66 and a two-hundred day simple moving average of $20.48.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The company reported $0.33 EPS 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 company had revenue of $1.46 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the business posted $0.40 EPS. Victoria's Secret & Co.'s quarterly 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, equities analysts forecast that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms have commented on VSCO. Zacks Research raised Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. UBS Group boosted their target price on Victoria's Secret & Co. from $21.00 to $25.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. Barclays boosted their target price on Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a report on Friday, August 29th. Morgan Stanley boosted their target price on Victoria's Secret & Co. from $20.00 to $27.00 and gave the stock an "equal weight" rating in a report on Friday. Finally, Bank of America boosted their price target 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. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $26.18.

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.