LNW> Gross Profit Margin 71.21% EBIT Margin 24.36% Net Income Margin 10.48% Return on Equity 46.19% Return on Assets 6.16%
Alpine Global Management LLC Acquires Shares of 14,850 Bath & Body Works, Inc. (NYSE:BBWI)... I SMELL A PRIVATE PARTY.... Several other institutional investors have also added to or reduced their stakes in the business. Northwest Bank & Trust Co lifted its holdings in Bath & Body Works by 2.9% during the fourth quarter. Northwest Bank & Trust Co now owns 14,700 shares of the company's stock valued at $533,000 after purchasing an additional 419 shares during the last quarter. PharVision Advisers LLC purchased a new stake in shares of Bath & Body Works in the fourth quarter worth about $364,000. Worldquant Millennium Advisors LLC purchased a new stake in shares of Bath & Body Works in the fourth quarter worth about $6,822,000. Tremblant Capital Group purchased a new stake in shares of Bath & Body Works in the fourth quarter worth about $6,891,000. Finally, Twinbeech Capital LP purchased a new stake in shares of Bath & Body Works in the fourth quarter worth about $11,916,000. ------>95.14% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analysts Forecast Growth A number of equities research analysts have recently issued reports on the stock. Telsey Advisory Group reissued an "outperform" rating and issued a $43.00 price target on shares of Bath & Body Works in a report on Tuesday On Monday, Bath & Body Works Inc. (NYSE:BBWI) maintained its Buy rating and a $48.00 price target from TD Cowen analysts following the announcement of preliminary results for the first quarter of 2025 and the immediate appointment of Daniel Heaf as the new CEO. The company’s pre-announced earnings per share (EPS) for 1Q25 surpassed consensus expectations, and the full-year guidance was reiterated. The appointment of Daniel Heaf, previouslyNike(NYSE:NKE)’s Chief Strategy and Transformative Officer, is seen as a strategic move to propel Bath & Body Works into its next phase of growth. Analysts believe his experience will be instrumental in making the brand more relevant to younger consumers, enhancing the company’s fragrance and beauty segments, and capitalizing on the potential for international expansion, which currently accounts for approximately 4% of the company’s sales in FY24. Heaf’s strategy includes a focus on the fragrance and beauty categories, modernizing the in-store experience to foster a sense of community, and improving communication around product innovations. These initiatives are expected to strengthen the company’s position and drive ongoing engagement with a younger demographic. Despite the fragrance category growing at a rate of 7% year to date and 13% in 2024 according to Nielsen data, Bath & Body Works’ growth in the body care and fragrance category has been modest in recent quarters. However, analysts at TD Cowen see significant opportunities for the company to dominate these categories and secure repeat business from younger customers. The analysts concluded by expressing continued support for Bath & Body Works’ unique product offerings. They also highlighted the stock’s attractive valuation at approximately 9 times forward year two price-to-earnings (P/E), which they consider compelling given the company’s margin profile of around 17% EBIT and its growth prospects.