Peregrine Capital Management LLC Reduces Holdings in Victoria's Secret & Co. $VSCO

Key Points

• Peregrine Capital cut its stake in Victoria's Secret & Co. by 34.9% in the 4th quarter, selling 75,225 shares and leaving it with 140,470 shares (about 0.17% of the company) worth $7.61 million.
• Two directors bought stock on April 2 — Donna James purchased 2,175 shares at $46.23 and Anne Sheehan bought 4,842 shares at $45.86 — increasing their respective holdings and signaling insider buying interest.
• Victoria's Secret beat quarterly EPS estimates ($2.77 vs. $2.48), set FY2026 guidance of $3.20–$3.45 EPS, and carries a consensus "Moderate Buy" rating with an average price target of $60.20 from analysts.

Peregrine Capital Management LLC trimmed its stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 34.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 140,470 shares of the company's stock after selling 75,225 shares during the period. Peregrine Capital Management LLC owned 0.17% of Victoria's Secret & Co. worth $7,609,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Evergreen Capital Management LLC purchased a new stake in shares of Victoria's Secret & Co. in the 4th quarter worth about $424,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Victoria's Secret & Co. by 21.9% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 24,822 shares of the company's stock worth $1,345,000 after purchasing an additional 4,458 shares during the period. Bayforest Capital Ltd purchased a new stake in shares of Victoria's Secret & Co. in the 4th quarter worth about $152,000. Merit Financial Group LLC lifted its position in shares of Victoria's Secret & Co. by 9.2% in the 4th quarter. Merit Financial Group LLC now owns 13,688 shares of the company's stock worth $741,000 after purchasing an additional 1,149 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Victoria's Secret & Co. in the 4th quarter worth about $9,634,000. 90.29% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Donna James acquired 2,175 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were bought at an average cost of $46.23 per share, with a total value of $100,550.25. Following the transaction, the director owned 63,097 shares of the company's stock, valued at $2,916,974.31. This trade represents a 3.57% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Anne Sheehan acquired 4,842 shares of the business's stock in a transaction that occurred on Thursday, April 2nd. The shares were purchased at an average cost of $45.86 per share, for a total transaction of $222,054.12. Following the completion of the transaction, the director directly owned 34,261 shares in the company, valued at $1,571,209.46. The trade was a 16.46% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 0.45% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the stock. Zacks Research raised shares of Victoria's Secret & Co. from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 10th. Wall Street Zen downgraded shares of Victoria's Secret & Co. from a "strong-buy" rating to a "buy" rating in a research report on Sunday, April 5th. TD Cowen reduced their target price on shares of Victoria's Secret & Co. from $60.00 to $58.00 and set a "hold" rating on the stock in a research report on Friday, March 6th. Barclays upped their target price on shares of Victoria's Secret & Co. from $65.00 to $80.00 and gave the stock an "overweight" rating in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group upped their target price on shares of Victoria's Secret & Co. from $47.00 to $53.00 and gave the stock a "neutral" rating in a research report on Thursday, January 29th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $60.20.

Victoria's Secret & Co. Stock Performance

Shares of VSCO stock opened at $52.14 on Friday. Victoria's Secret & Co. has a one year low of $17.50 and a one year high of $66.89. The company's 50-day moving average is $51.84 and its 200 day moving average is $48.50. The company has a market capitalization of $4.20 billion, a price-to-earnings ratio of 28.03, a price-to-earnings-growth ratio of 1.59 and a beta of 2.26. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.54 and a current ratio of 1.25.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings data on Thursday, March 5th. The company reported $2.77 EPS for the quarter, beating the consensus estimate of $2.48 by $0.29. Victoria's Secret & Co. had a net margin of 2.45% and a return on equity of 33.55%. The company had revenue of $2.27 billion for the quarter, compared to the consensus estimate of $2.22 billion. During the same period in the prior year, the firm posted $2.60 EPS. Victoria's Secret & Co.'s revenue for the quarter was up 7.8% on a year-over-year basis. Victoria's Secret & Co. has set its Q1 2026 guidance at 0.200-0.300 EPS and its FY 2026 guidance at 3.200-3.450 EPS. Sell-side analysts expect that Victoria's Secret & Co. will post 3.46 EPS for the current fiscal year.

About Victoria's Secret & Co.

Victoria's Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria's Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria's Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria's Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.

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