SCHEDULE: Vanguard Group Reports Zero Beneficial Ownership in Bath & Body Works

The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Bath & Body Works Inc. following an internal realignment.

Summary

• The Vanguard Group filed an Amendment No. 14 to Schedule 13G for Bath & Body Works Inc. Common Stock (CUSIP 070830104).
• The filing indicates that The Vanguard Group now beneficially owns 0 shares, representing 0% of the class of securities.
• This change is a result of an internal realignment within The Vanguard Group, Inc. that occurred on January 12, 2026.
• Following the realignment, certain subsidiaries or business divisions of Vanguard will report beneficial ownership separately (on a disaggregated basis) in reliance on SEC Release No. 34-39538 (January 12, 1998).
• The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by these subsidiaries and/or business divisions.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative update reflecting an internal organizational change at Vanguard, with no direct positive or negative implications for Bath & Body Works' operational or financial performance.

Future Outlook

NA

Management Comments

• "On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release."
• "These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions."

Industry Context

StockSavvy.ai notes this filing is a routine administrative update for a large institutional investor like The Vanguard Group. It reflects internal structural changes in how beneficial ownership is reported, rather than a strategic change in investment thesis regarding Bath & Body Works Inc. Such realignments are common among large asset managers to optimize reporting structures.

Key Dates

Keywords

Vanguard Group, Bath & Body Works, Schedule 13G, Beneficial Ownership, SEC Filing, Institutional Ownership, Investment Management