Baird Financial Group Inc. cut its position in V.F. Corporation (NYSE:VFC – Free Report) by 14.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,727 shares of the textile maker’s stock after selling 10,667 shares during the quarter. Baird Financial Group Inc.’s holdings in V.F. were worth $942,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of the company. Rhumbline Advisers grew its stake in shares of V.F. by 11.0% in the first quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker’s stock valued at $14,414,000 after buying an additional 92,174 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of V.F. by 1,355.2% in the first quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker’s stock valued at $6,276,000 after buying an additional 376,615 shares in the last quarter. Fiduciary Alliance LLC grew its stake in shares of V.F. by 16.4% in the first quarter. Fiduciary Alliance LLC now owns 298,596 shares of the textile maker’s stock valued at $4,634,000 after buying an additional 42,065 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of V.F. by 11.1% in the first quarter. Russell Investments Group Ltd. now owns 277,442 shares of the textile maker’s stock valued at $4,306,000 after buying an additional 27,727 shares in the last quarter. Finally, Amalgamated Bank grew its stake in shares of V.F. by 46.2% in the first quarter. Amalgamated Bank now owns 152,410 shares of the textile maker’s stock valued at $2,365,000 after buying an additional 48,151 shares in the last quarter. 86.84% of the stock is owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Wells Fargo & Company decreased their target price on V.F. from $13.00 to $12.00 and set an “equal weight” rating for the company in a report on Thursday, May 22nd. BNP Paribas cut V.F. from a “neutral” rating to an “underperform” rating and decreased their price objective for the company from $11.00 to $10.00 in a research note on Thursday, July 31st. Stifel Nicolaus decreased their price objective on V.F. from $28.00 to $15.00 and set a “buy” rating for the company in a research note on Thursday, May 22nd. Robert W. Baird upgraded V.F. from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $14.00 to $20.00 in a research note on Tuesday, August 26th. Finally, Zacks Research upgraded V.F. from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, V.F. has an average rating of “Hold” and an average target price of $16.67.
V.F. Stock Performance
Shares of VFC stock opened at $15.24 on Wednesday. The company has a debt-to-equity ratio of 2.76, a quick ratio of 0.65 and a current ratio of 1.27. V.F. Corporation has a 1 year low of $9.41 and a 1 year high of $29.02. The stock’s 50-day moving average is $13.09 and its two-hundred day moving average is $13.82. The firm has a market cap of $5.95 billion, a price-to-earnings ratio of -117.23, a PEG ratio of 2.20 and a beta of 1.70.
V.F. (NYSE:VFC – Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The textile maker reported ($0.24) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.11. V.F. had a positive return on equity of 22.77% and a negative net margin of 0.50%.The company had revenue of $1.76 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter in the previous year, the business earned ($0.33) earnings per share. The firm’s revenue for the quarter was down 7.3% on a year-over-year basis. V.F. has set its Q2 2026 guidance at EPS. Analysts predict that V.F. Corporation will post 0.73 earnings per share for the current year.
V.F. Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.09 per share. The ex-dividend date is Wednesday, September 10th. This represents a $0.36 annualized dividend and a dividend yield of 2.4%. V.F.’s dividend payout ratio is -276.92%.
V.F. Profile
VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.
Further Reading
- Five stocks we like better than V.F.
- How to Calculate Inflation Rate
- Is Qualcomm Tesla’s Next Rival in Autonomous Driving?
- There Are Different Types of Stock To Invest In
- 3 Under-the-Radar Biotechs Under $5 That Could Soar 200%
- Consumer Discretionary Stocks Explained
- The Quiet Before the Catalyst: Vertical Aerospace’s Next Move
Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V.F. Corporation (NYSE:VFC – Free Report).
Receive News & Ratings for V.F. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V.F. and related companies with MarketBeat.com's FREE daily email newsletter.