Elo Mutual Pension Insurance Co Grows Position in Levi Strauss & Co. $LEVI

Elo Mutual Pension Insurance Co increased its stake in shares of Levi Strauss & Co. (NYSE:LEVI) by 68.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 65,256 shares of the blue-jean maker’s stock after acquiring an additional 26,469 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Levi Strauss & Co. were worth $1,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of LEVI. Asset Management One Co. Ltd. purchased a new position in shares of Levi Strauss & Co. during the third quarter valued at about $2,540,000. Envestnet Asset Management Inc. boosted its stake in Levi Strauss & Co. by 2,268.2% during the third quarter. Envestnet Asset Management Inc. now owns 238,883 shares of the blue-jean maker’s stock valued at $5,566,000 after buying an additional 228,796 shares during the last quarter. Geode Capital Management LLC grew its holdings in Levi Strauss & Co. by 2.1% during the 2nd quarter. Geode Capital Management LLC now owns 1,210,669 shares of the blue-jean maker’s stock valued at $22,391,000 after buying an additional 24,728 shares in the last quarter. Truist Financial Corp bought a new stake in Levi Strauss & Co. in the 3rd quarter worth approximately $2,478,000. Finally, Formula Growth Ltd. purchased a new stake in shares of Levi Strauss & Co. during the 2nd quarter worth approximately $874,000. 69.14% of the stock is currently owned by institutional investors.

Levi Strauss & Co. Price Performance

LEVI stock opened at $20.29 on Friday. The stock has a market cap of $7.92 billion, a PE ratio of 13.90, a P/E/G ratio of 1.66 and a beta of 1.28. Levi Strauss & Co. has a 12 month low of $12.17 and a 12 month high of $24.82. The company has a 50-day moving average price of $21.32 and a 200 day moving average price of $21.64. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings data on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. The business had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same quarter last year, the firm earned $0.50 earnings per share. The firm’s quarterly revenue was up .9% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Equities research analysts anticipate that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Levi Strauss & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio is 38.36%.

Insider Buying and Selling at Levi Strauss & Co.

In related news, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $21.83, for a total value of $873,200.00. Following the transaction, the executive vice president owned 92,199 shares of the company’s stock, valued at $2,012,704.17. This trade represents a 30.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP David Jedrzejek sold 7,093 shares of Levi Strauss & Co. stock in a transaction dated Tuesday, January 27th. The shares were sold at an average price of $21.38, for a total transaction of $151,648.34. Following the sale, the senior vice president owned 98,193 shares of the company’s stock, valued at $2,099,366.34. The trade was a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 49,341 shares of company stock worth $1,068,909 in the last ninety days. 1.25% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on LEVI shares. Telsey Advisory Group reissued an “outperform” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, January 21st. Raymond James Financial initiated coverage on shares of Levi Strauss & Co. in a research note on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 price objective for the company. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Wall Street Zen downgraded shares of Levi Strauss & Co. from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, UBS Group boosted their price objective on Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a research note on Monday, January 12th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Levi Strauss & Co. presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.69.

Levi Strauss & Co. Company Profile

Levi Strauss & Co is a global apparel company best known for its denim jeans and casual wear. Founded in 1853 in San Francisco by Bavarian immigrant Levi Strauss, the company pioneered the modern blue jean with the introduction of rivet-reinforced work pants. Over its more than 160-year history, Levi Strauss has evolved into a lifestyle brand, offering a broad portfolio that includes denim for men, women and children, as well as tops, outerwear, footwear and accessories.

The company’s flagship label, Levi’s®, is recognized worldwide for its iconic styles such as the 501® Original Fit Jeans, while additional brands, including Dockers®, Target core metric, and Denizen® by Levi’s, cater to diverse price points and consumer segments.