Algert Global LLC Has $13.82 Million Position in Levi Strauss & Co. $LEVI

Algert Global LLC raised its holdings in Levi Strauss & Co. (NYSE:LEVI) by 204.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 593,035 shares of the blue-jean maker’s stock after acquiring an additional 398,104 shares during the quarter. Algert Global LLC owned about 0.15% of Levi Strauss & Co. worth $13,818,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. US Bancorp DE lifted its stake in shares of Levi Strauss & Co. by 260.5% in the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock valued at $26,000 after purchasing an additional 810 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Levi Strauss & Co. by 140.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 833 shares during the period. Hara Capital LLC increased its holdings in Levi Strauss & Co. by 8,080.0% in the second quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after purchasing an additional 2,020 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Levi Strauss & Co. by 133.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock valued at $51,000 after purchasing an additional 1,879 shares during the last quarter. Finally, LSV Asset Management acquired a new position in Levi Strauss & Co. in the third quarter valued at about $117,000. Institutional investors own 69.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on LEVI shares. Weiss Ratings upgraded Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 24th. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Telsey Advisory Group reiterated an “outperform” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, January 21st. UBS Group reissued a “buy” rating on shares of Levi Strauss & Co. in a research report on Thursday. Finally, BTIG Research restated a “buy” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Twelve research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $26.69.

Levi Strauss & Co. Trading Down 1.1%

LEVI opened at $17.92 on Monday. The stock has a market capitalization of $7.00 billion, a P/E ratio of 12.27, a P/E/G ratio of 1.42 and a beta of 1.28. 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. has a 12 month low of $12.17 and a 12 month high of $24.82. The firm’s fifty day simple moving average is $21.04 and its 200 day simple moving average is $21.53.

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

Levi Strauss & Co. Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th were given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio (DPR) is currently 38.36%.

Insider Activity at Levi Strauss & Co.

In other news, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $21.83, for a total transaction of $873,200.00. Following the completion of the transaction, the executive vice president directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP David Jedrzejek sold 2,248 shares of Levi Strauss & Co. stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total transaction of $44,060.80. Following the completion of the sale, the senior vice president owned 106,818 shares in the company, valued at $2,093,632.80. This trade represents a 2.06% decrease in their ownership of the stock. 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 90 days. Company insiders own 1.25% of the company’s stock.

Levi Strauss & Co. 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.