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

Victoria's Secret & Co. logo with Retail/Wholesale background

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.
  • Interested in Victoria's Secret & Co.? Here are five stocks we like better.

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.

Get Our Latest Research Report on Victoria's Secret & Co.

Victoria's Secret & Co. Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VSCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Victoria's Secret & Co. (NYSE:VSCO - Free Report).

Institutional Ownership by Quarter for Victoria's Secret & Co. (NYSE:VSCO)

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