Spirepoint Private Client LLC Purchases Shares of 28,799 Victoria's Secret & Co. $VSCO

Key Points

• Spirepoint Private Client LLC has purchased 28,799 shares of Victoria's Secret & Co., marking a stake valued at approximately $533,000.
• Victoria's Secret reported earnings of $0.33 per share for the quarter, significantly surpassing analyst estimates of $0.13, and its revenue was up 2.9% year-over-year.
• Institutional investors hold 90.29% of Victoria's Secret's stock, reflecting significant market interest and involvement from major firms like Vanguard and T. Rowe Price.

Spirepoint Private Client LLC acquired a new stake in Victoria's Secret & Co. (NYSE:VSCO - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 28,799 shares of the company's stock, valued at approximately $533,000.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in Victoria's Secret & Co. by 0.4% during the 1st quarter. Vanguard Group Inc. now owns 8,966,584 shares of the company's stock valued at $166,599,000 after acquiring an additional 38,695 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Victoria's Secret & Co. by 18.3% during the first quarter. T. Rowe Price Investment Management Inc. now owns 1,868,817 shares of the company's stock worth $34,723,000 after buying an additional 288,629 shares during the period. Victory Capital Management Inc. grew its stake in shares of Victoria's Secret & Co. by 54.2% in the 1st quarter. Victory Capital Management Inc. now owns 1,430,016 shares of the company's stock valued at $26,570,000 after purchasing an additional 502,622 shares during the last quarter. Millennium Management LLC boosted its stake in shares of Victoria's Secret & Co. by 9,595.8% in the first quarter. Millennium Management LLC now owns 1,419,080 shares of the company's stock valued at $26,367,000 after buying an additional 1,404,444 shares in the last quarter. Finally, Cramer Rosenthal Mcglynn LLC boosted its stake in shares of Victoria's Secret & Co. by 163.0% in the first quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock valued at $26,140,000 after buying an additional 871,968 shares in the last quarter. 90.29% of the stock is currently owned by hedge funds and other institutional investors.

Victoria's Secret & Co. Stock Up 2.6%

VSCO opened at $26.25 on Friday. The company's 50-day moving average price is $23.10 and its two-hundred day moving average price is $20.76. 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 cap of $2.10 billion, a price-to-earnings ratio of 14.58, a PEG ratio of 1.38 and a beta of 2.20.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the firm posted $0.40 EPS. Victoria's Secret & Co.'s 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 expect that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VSCO. JPMorgan Chase & Co. upped their target price on Victoria's Secret & Co. from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Monday, September 15th. Barclays raised their target price on Victoria's Secret & Co. from $23.00 to $27.00 and gave the company an "overweight" rating in a research report on Friday, August 29th. Jefferies Financial Group decreased their target price on Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, August 29th. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. Finally, Wall Street Zen raised Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and four have assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Reduce" and a consensus target price 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.

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