Victoria’s Secret & Co. $VSCO Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. decreased its holdings in shares of Victoria’s Secret & Co. (NYSE:VSCO) by 26.3% in the 3rd quarter, Holdings Channel reports. The firm owned 40,954 shares of the company’s stock after selling 14,588 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Victoria’s Secret & Co. were worth $1,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. State of Wyoming acquired a new position in shares of Victoria’s Secret & Co. in the 3rd quarter valued at about $48,000. Hara Capital LLC bought a new position in Victoria’s Secret & Co. in the second quarter worth about $36,000. Lazard Asset Management LLC boosted its stake in Victoria’s Secret & Co. by 7.7% in the second quarter. Lazard Asset Management LLC now owns 7,258 shares of the company’s stock valued at $133,000 after acquiring an additional 521 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Victoria’s Secret & Co. in the second quarter valued at approximately $200,000. Finally, Savvy Advisors Inc. grew its holdings in shares of Victoria’s Secret & Co. by 9.9% during the second quarter. Savvy Advisors Inc. now owns 11,549 shares of the company’s stock valued at $214,000 after purchasing an additional 1,039 shares during the last quarter. 90.29% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages recently issued reports on VSCO. Morgan Stanley raised Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Friday, December 5th. Weiss Ratings upgraded Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and upped their price target for the stock from $34.00 to $60.00 in a research report on Friday, December 5th. The Goldman Sachs Group lifted their price objective on shares of Victoria’s Secret & Co. from $47.00 to $53.00 and gave the company a “neutral” rating in a research report on Thursday, January 29th. Finally, Jefferies Financial Group boosted their target price on shares of Victoria’s Secret & Co. from $57.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, December 19th. Seven investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.20.

Victoria’s Secret & Co. Stock Performance

Shares of VSCO opened at $62.03 on Thursday. The firm has a market capitalization of $4.98 billion, a PE ratio of 30.26, a P/E/G ratio of 2.35 and a beta of 2.21. The company has a quick ratio of 0.38, a current ratio of 1.30 and a debt-to-equity ratio of 1.96. The firm has a 50-day moving average price of $58.83 and a 200 day moving average price of $41.48. Victoria’s Secret & Co. has a 52-week low of $13.76 and a 52-week high of $66.89.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.33. The company had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.41 billion. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.50) EPS. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. On average, sell-side analysts anticipate that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Victoria’s Secret & Co. Profile

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.