Victoria's Secret & Co. $VSCO Shares Sold by Oppenheimer Asset Management Inc.

Key Points

• Oppenheimer Asset Management cut its stake in Victoria's Secret & Co. by 85.9% in Q4, selling 33,274 shares and retaining 5,444 shares valued at about $295,000.
• Insider buying: Directors Donna James and Anne Sheehan bought 2,175 and 4,842 shares respectively on April 2 (at ~$46.23 and ~$45.86), increasing their individual ownership stakes.
• Victoria's Secret beat Q4 estimates (EPS $2.77 vs. $2.48; revenue $2.27B vs. $2.22B), issued FY26 EPS guidance of 3.20–3.45, and analysts maintain a generally positive stance with an average "Moderate Buy" rating and a $61.80 price target (Barclays raised its target to $80).

Oppenheimer Asset Management Inc. lowered its position in shares of Victoria's Secret & Co. (NYSE:VSCO - Free Report) by 85.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 5,444 shares of the company's stock after selling 33,274 shares during the quarter. Oppenheimer Asset Management Inc.'s holdings in Victoria's Secret & Co. were worth $295,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optimize Financial Inc acquired a new stake in Victoria's Secret & Co. during the 3rd quarter worth about $617,000. Public Sector Pension Investment Board lifted its position in Victoria's Secret & Co. by 14.5% during the 3rd quarter. Public Sector Pension Investment Board now owns 311,502 shares of the company's stock worth $8,454,000 after acquiring an additional 39,356 shares during the period. Y Intercept Hong Kong Ltd lifted its position in Victoria's Secret & Co. by 362.1% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 84,410 shares of the company's stock worth $2,291,000 after acquiring an additional 66,144 shares during the period. Premier Fund Managers Ltd acquired a new stake in Victoria's Secret & Co. during the 3rd quarter worth about $540,000. Finally, Royce & Associates LP lifted its position in Victoria's Secret & Co. by 11.2% during the 3rd quarter. Royce & Associates LP now owns 398,992 shares of the company's stock worth $10,829,000 after acquiring an additional 40,155 shares during the period. Institutional investors and hedge funds own 90.29% of the company's stock.

Insider Buying and Selling

In related news, Director Donna James purchased 2,175 shares of the company's stock in a transaction dated Thursday, April 2nd. The stock was acquired at an average cost of $46.23 per share, for a total transaction of $100,550.25. Following the completion of the transaction, the director directly owned 63,097 shares of the company's stock, valued at approximately $2,916,974.31. This trade represents a 3.57% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Anne Sheehan purchased 4,842 shares of the company's stock in a transaction dated Thursday, April 2nd. The stock was bought at an average price of $45.86 per share, with a total value of $222,054.12. Following the completion of the transaction, the director directly owned 34,261 shares of the company's stock, valued at approximately $1,571,209.46. This represents a 16.46% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.45% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have recently commented on VSCO. Barclays upped their target price on Victoria's Secret & Co. from $65.00 to $80.00 and gave the stock an "overweight" rating in a research note on Monday, March 2nd. The Goldman Sachs Group upped their target price on Victoria's Secret & Co. from $47.00 to $53.00 and gave the stock a "neutral" rating in a research note on Thursday, January 29th. Jefferies Financial Group restated a "buy" rating on shares of Victoria's Secret & Co. in a research note on Thursday, March 5th. Zacks Research upgraded Victoria's Secret & Co. from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, March 10th. Finally, TD Cowen lowered their target price on Victoria's Secret & Co. from $60.00 to $58.00 and set a "hold" rating on the stock in a research note on Friday, March 6th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Victoria's Secret & Co. has an average rating of "Moderate Buy" and an average price target of $61.80.

Victoria's Secret & Co. Stock Performance

NYSE VSCO opened at $47.51 on Friday. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 25.54, a PEG ratio of 0.89 and a beta of 2.18. Victoria's Secret & Co. has a twelve month low of $17.53 and a twelve month high of $66.89. The company has a current ratio of 1.25, a quick ratio of 0.54 and a debt-to-equity ratio of 1.07. The stock has a 50-day moving average of $50.27 and a 200 day moving average of $49.99.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings results on Thursday, March 5th. The company reported $2.77 earnings per share for the quarter, topping analysts' consensus estimates of $2.48 by $0.29. The company had revenue of $2.27 billion during the quarter, compared to analysts' expectations of $2.22 billion. Victoria's Secret & Co. had a return on equity of 33.55% and a net margin of 2.45%.Victoria's Secret & Co.'s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.60 EPS. 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 anticipate that Victoria's Secret & Co. will post 3.49 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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