V.F. (NYSE:VFC) Receives Underweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reiterated their underweight rating on shares of V.F. (NYSE:VFC) in a report issued on Monday, MarketBeat reports. The firm currently has a $18.00 price objective on the textile maker’s stock, down from their previous price objective of $19.00.

A number of other brokerages have also commented on VFC. UBS Group restated a “neutral” rating and set a $20.00 price objective on shares of V.F. in a research report on Thursday, January 29th. Barclays reissued an “overweight” rating on shares of V.F. in a research report on Thursday, January 29th. The Goldman Sachs Group raised their price target on shares of V.F. from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Wells Fargo & Company upped their price objective on shares of V.F. from $12.00 to $15.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 16th. Finally, Weiss Ratings upgraded shares of V.F. from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, V.F. presently has a consensus rating of “Hold” and a consensus target price of $18.16.

V.F. Trading Down 7.4%

NYSE VFC opened at $19.65 on Monday. The firm’s 50 day moving average price is $19.53 and its two-hundred day moving average price is $16.68. The company has a debt-to-equity ratio of 1.99, a quick ratio of 1.03 and a current ratio of 1.55. V.F. has a twelve month low of $9.41 and a twelve month high of $25.81. The stock has a market cap of $7.69 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 1.45 and a beta of 1.65.

V.F. (NYSE:VFC) last released its earnings results on Wednesday, January 28th. The textile maker reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.43 by $0.15. V.F. had a return on equity of 19.08% and a net margin of 2.33%.The company had revenue of $2.88 billion during the quarter, compared to analyst estimates of $2.81 billion. During the same quarter in the prior year, the company earned $0.62 earnings per share. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. Equities analysts anticipate that V.F. will post 0.73 EPS for the current year.

V.F. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Tuesday, March 10th will be issued a dividend of $0.09 per share. The ex-dividend date is Tuesday, March 10th. This represents a $0.36 dividend on an annualized basis and a dividend yield of 1.8%. V.F.’s dividend payout ratio (DPR) is currently 65.45%.

Insider Activity

In related news, Director Juliana L. Chugg sold 6,678 shares of V.F. stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $21.30, for a total value of $142,241.40. Following the completion of the sale, the director owned 40 shares of the company’s stock, valued at approximately $852. The trade was a 99.40% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.10% of the company’s stock.

Institutional Trading of V.F.

Several large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its stake in V.F. by 59.7% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 2,748 shares of the textile maker’s stock valued at $40,000 after buying an additional 1,027 shares during the last quarter. Rexford Capital Inc. acquired a new stake in shares of V.F. in the second quarter valued at about $48,000. Rothschild Investment LLC grew its position in shares of V.F. by 705.8% in the third quarter. Rothschild Investment LLC now owns 3,747 shares of the textile maker’s stock valued at $54,000 after purchasing an additional 3,282 shares during the last quarter. Global Wealth Strategies & Associates bought a new position in shares of V.F. in the third quarter worth about $82,000. Finally, Farther Finance Advisors LLC lifted its position in shares of V.F. by 50.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 7,465 shares of the textile maker’s stock worth $108,000 after purchasing an additional 2,490 shares during the last quarter. 86.84% of the stock is owned by institutional investors.

Trending Headlines about V.F.

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: VF’s most recent quarterly results showed an EPS beat and modest revenue growth (EPS $0.58 vs. $0.43 est.; revenue $2.88B vs. $2.81B), evidence that near-term fundamentals are mixed rather than uniformly weak.
• Neutral Sentiment: Key metrics: market cap ~ $7.7B, P/E ~35.7, 50-day / 200-day moving averages near $19.53 / $16.63, and volume running above the stock’s average — technicals show recent volatility but not a clear longer-term trend.
• Negative Sentiment: J.P. Morgan downgraded VFC to Underweight and cut its price target to $18, citing that the Vans turnaround is taking longer than expected and demand remains weak; that downgrade is the main driver of today’s sell‑off. JP Morgan Downgrades V.F. (VFC)
• Negative Sentiment: Other analyst commentary echoes JPMorgan’s view, warning of continued weakness at Vans and forecasting more downside risk to near-term results. Analyst Bets on More Losses for Vans Parent Amid Weak Demand

V.F. Company Profile

VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.

Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.