5 Best Beauty Stocks To Buy Now

3. Bath & Body Works, Inc. (NYSE:BBWI)

Number of Hedge Fund Holders: 47

Bath & Body Works, Inc. (NYSE:BBWI) is one of the best beauty stocks to watch. It operates as a specialty retailer of home fragrance, body care, soaps, and sanitizer products. On November 4, Bath & Body Works, Inc. (NYSE:BBWI) declared a quarterly dividend of $0.20 per share, in line with previous. The dividend is payable on December 2, to shareholders of record on November 18. 

Jefferies analyst Ashley Helgans on October 21 assumed coverage of Bath & Body Works, Inc. (NYSE:BBWI) with a Buy rating but lowered the price target on the shares to $43 from $47. 

According to Insider Monkey’s data, 47 hedge funds were bullish on Bath & Body Works, Inc. (NYSE:BBWI) at the end of the second quarter of 2022, compared to 57 funds in the last quarter. 

Follow Bath & Body Works Inc. (NYSE:BBWI)