SCHEDULE: Victory Capital Discloses 6.04% Stake in Bath & Body Works

Victory Capital Management, Inc. has reported a 6.04% beneficial ownership stake in Bath & Body Works, Inc. common stock.

Summary

• Victory Capital Management, Inc. reported beneficial ownership of 12,773,211 shares of Bath & Body Works, Inc. common stock.
• This ownership represents 6.04% of the total class of securities.
• Victory Capital Management, Inc. holds sole voting power over 12,524,960 shares and sole dispositive power over 12,773,211 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant institutional stake is generally positive as it signals confidence from a major investor, though it does not provide operational or financial performance details.

Positives

• The disclosure of a significant 6.04% stake by Victory Capital Management, Inc., a reputable investment adviser, indicates institutional confidence in Bath & Body Works, Inc.
• The acquisition of shares in the ordinary course of business suggests a long-term investment strategy rather than an activist intent.

Future Outlook

No forward-looking statements or guidance are provided in this beneficial ownership disclosure.

Industry Context

This filing indicates continued institutional investment interest in established retail companies like Bath & Body Works, reflecting a potential belief in the stability and long-term value of consumer discretionary brands within the personal care and home fragrance sectors.

Stakeholder Impact

• Shareholders may perceive increased confidence in the company due to the significant institutional investment by Victory Capital Management, Inc.

Key Dates

Keywords

Bath & Body Works, Victory Capital Management, SEC filing, Schedule 13G, institutional ownership, common stock, retail, personal care