V.F. (NYSE:VFC) Cut to “Hold” at KGI Securities

KGI Securities lowered shares of V.F. (NYSE:VFC) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

A number of other analysts have also issued reports on the stock. Baird R W raised shares of V.F. from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 26th. Jefferies Financial Group set a $14.00 price target on shares of V.F. and gave the stock a “hold” rating in a research report on Thursday, October 23rd. Barclays reduced their price target on shares of V.F. from $19.00 to $18.00 and set an “overweight” rating for the company in a research report on Wednesday. JPMorgan Chase & Co. reduced their price target on shares of V.F. from $15.00 to $14.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Finally, Piper Sandler increased their price target on shares of V.F. from $12.00 to $14.00 and gave the stock a “neutral” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $16.19.

V.F. Stock Performance

Shares of VFC opened at $14.04 on Wednesday. V.F. has a one year low of $9.41 and a one year high of $29.02. The company has a 50-day moving average of $14.77 and a two-hundred day moving average of $13.24. The stock has a market cap of $5.48 billion, a price-to-earnings ratio of 63.80, a PEG ratio of 2.06 and a beta of 1.76. The company has a debt-to-equity ratio of 2.40, a current ratio of 1.36 and a quick ratio of 0.65.

V.F. (NYSE:VFC) last announced its earnings results on Tuesday, October 28th. The textile maker reported $0.52 EPS for the quarter, topping the consensus estimate of $0.42 by $0.10. V.F. had a net margin of 0.95% and a return on equity of 20.34%. The company had revenue of $2.80 billion during the quarter, compared to analysts’ expectations of $2.73 billion. During the same period last year, the company posted $0.60 earnings per share. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. V.F. has set its Q3 2026 guidance at EPS. On average, equities research analysts expect that V.F. will post 0.73 earnings per share for the current year.

V.F. Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 18th. Investors of record on Wednesday, December 10th will be given a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, December 10th. V.F.’s dividend payout ratio (DPR) is presently 163.64%.

Hedge Funds Weigh In On V.F.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bard Financial Services Inc. grew its holdings in V.F. by 3.1% during the third quarter. Bard Financial Services Inc. now owns 33,440 shares of the textile maker’s stock valued at $483,000 after purchasing an additional 1,000 shares during the last quarter. 1620 Investment Advisors Inc. grew its holdings in V.F. by 5.7% during the third quarter. 1620 Investment Advisors Inc. now owns 21,903 shares of the textile maker’s stock valued at $316,000 after purchasing an additional 1,172 shares during the last quarter. Farther Finance Advisors LLC grew its holdings in V.F. by 94.8% during the second quarter. Farther Finance Advisors LLC now owns 4,975 shares of the textile maker’s stock valued at $58,000 after purchasing an additional 2,421 shares during the last quarter. Rexford Capital Inc. acquired a new position in V.F. during the second quarter valued at approximately $48,000. Finally, Global Wealth Strategies & Associates acquired a new position in V.F. during the third quarter valued at approximately $82,000. Institutional investors own 86.84% of the company’s stock.

V.F. Company 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.