Mitsubishi UFJ Trust & Banking Corp Cuts Stock Position in Bath & Body Works, Inc. $BBWI

Key Points

• Mitsubishi UFJ Trust & Banking Corp cut its holdings by 26.6% in Q4, selling 95,984 shares and retaining 264,660 shares of Bath & Body Works (about 0.13% of the company) valued at $5.314 million.
• Other institutions largely increased exposure—Retirement Systems of Alabama +40.6%, Diamond Hill +29.9%, Allianz +58.8%—and hedge funds/institutions now own roughly 95.14% of BBWI.
• Bath & Body Works reported Q results with EPS $2.05 (beating estimates), set FY2026 guidance of 2.40–2.65 EPS, trades near $19.20 with a P/E of 6.09, and pays a quarterly dividend yielding about 4.2%.

Mitsubishi UFJ Trust & Banking Corp cut its holdings in shares of Bath & Body Works, Inc. (NYSE:BBWI - Free Report) by 26.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 264,660 shares of the company's stock after selling 95,984 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned about 0.13% of Bath & Body Works worth $5,314,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Retirement Systems of Alabama increased its stake in Bath & Body Works by 40.6% during the third quarter. Retirement Systems of Alabama now owns 772,324 shares of the company's stock worth $19,895,000 after purchasing an additional 223,089 shares during the period. Diamond Hill Capital Management Inc. increased its stake in Bath & Body Works by 29.9% during the third quarter. Diamond Hill Capital Management Inc. now owns 369,452 shares of the company's stock worth $9,517,000 after purchasing an additional 85,000 shares during the period. Allianz Asset Management GmbH increased its stake in shares of Bath & Body Works by 58.8% during the third quarter. Allianz Asset Management GmbH now owns 263,628 shares of the company's stock worth $6,791,000 after buying an additional 97,640 shares during the period. Access Investment Management LLC purchased a new stake in shares of Bath & Body Works during the third quarter worth approximately $3,506,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in shares of Bath & Body Works during the third quarter worth approximately $1,157,000. 95.14% of the stock is currently owned by hedge funds and other institutional investors.

Bath & Body Works Trading Down 0.1%

Shares of BBWI opened at $19.20 on Monday. The firm's fifty day simple moving average is $19.89 and its 200-day simple moving average is $21.10. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 6.09, a PEG ratio of 1.92 and a beta of 1.43. Bath & Body Works, Inc. has a twelve month low of $14.27 and a twelve month high of $34.66.

Bath & Body Works (NYSE:BBWI - Get Free Report) last announced its quarterly earnings results on Wednesday, March 4th. The company reported $2.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.77 by $0.28. The firm had revenue of $2.72 billion during the quarter, compared to the consensus estimate of $2.59 billion. Bath & Body Works had a negative return on equity of 45.60% and a net margin of 8.90%.The firm's quarterly revenue was down 2.3% compared to the same quarter last year. During the same period in the prior year, the company posted $2.09 earnings per share. Bath & Body Works has set its Q1 2026 guidance at 0.240-0.300 EPS and its FY 2026 guidance at 2.400-2.650 EPS. On average, analysts predict that Bath & Body Works, Inc. will post 2.6 earnings per share for the current fiscal year.

Bath & Body Works Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 6th. Investors of record on Friday, February 20th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Friday, February 20th. Bath & Body Works's dividend payout ratio is 25.40%.

Analyst Upgrades and Downgrades

BBWI has been the topic of a number of recent research reports. Jefferies Financial Group started coverage on shares of Bath & Body Works in a research note on Wednesday, January 14th. They set a "hold" rating and a $24.00 target price on the stock. Barclays boosted their price target on shares of Bath & Body Works from $20.00 to $21.00 and gave the stock an "equal weight" rating in a report on Monday, March 2nd. UBS Group raised their price objective on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a "neutral" rating in a report on Monday, February 23rd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Bath & Body Works from $21.00 to $22.00 and gave the company a "hold" rating in a report on Tuesday, March 3rd. Finally, Weiss Ratings restated a "hold (c-)" rating on shares of Bath & Body Works in a report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $23.00.

About Bath & Body Works

Bath & Body Works, Inc is a leading specialty retailer focused on personal care, home fragrance and complementary products. Through its flagship Bath & Body Works brand, the company offers a diverse assortment of shower gels, lotions, fragrance mists, candles and home fragrance items. Its product portfolio also includes the White Barn Candle Co range of premium scented candles and diffusers. Bath & Body Works serves consumers through a combination of brick-and-mortar stores and e-commerce platforms, delivering seasonal collections, limited-edition releases and signature scent lines.

Founded in 1990 as part of Limited Brands (now L Brands), Bath & Body Works opened its first store in New Albany, Ohio, and quickly expanded across the United States.

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