Envestnet Asset Management Inc. Grows Position in Levi Strauss & Co. $LEVI

Envestnet Asset Management Inc. raised its stake in Levi Strauss & Co. (NYSE:LEVI) by 2,268.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 238,883 shares of the blue-jean maker’s stock after acquiring an additional 228,796 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.06% of Levi Strauss & Co. worth $5,566,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in LEVI. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Levi Strauss & Co. by 140.7% during the 2nd 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 last quarter. Hara Capital LLC raised its position in shares of 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 buying an additional 2,020 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Levi Strauss & Co. by 133.5% during 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 buying an additional 1,879 shares during the period. First Command Advisory Services Inc. purchased a new position in shares of Levi Strauss & Co. during the second quarter valued at approximately $71,000. Finally, Headlands Technologies LLC boosted its position in Levi Strauss & Co. by 17,721.6% during the second quarter. Headlands Technologies LLC now owns 6,594 shares of the blue-jean maker’s stock worth $122,000 after acquiring an additional 6,557 shares during the last quarter. Institutional investors and hedge funds own 69.14% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on LEVI. Weiss Ratings downgraded Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, February 9th. Raymond James Financial assumed coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 target price for the company. UBS Group increased their target price on Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Jefferies Financial Group assumed coverage on Levi Strauss & Co. in a report on Wednesday, February 4th. They issued a “buy” rating and a $25.00 price target for the company. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, January 21st. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Levi Strauss & Co. presently has an average rating of “Moderate Buy” and a consensus target price of $26.69.

Levi Strauss & Co. Stock Performance

Levi Strauss & Co. stock opened at $22.87 on Friday. The company has a market cap of $8.93 billion, a price-to-earnings ratio of 15.66, a price-to-earnings-growth ratio of 1.82 and a beta of 1.33. Levi Strauss & Co. has a 12 month low of $12.17 and a 12 month high of $24.82. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.94. The stock’s 50-day moving average is $21.32 and its 200-day moving average is $21.58.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, beating the consensus estimate of $0.39 by $0.02. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.71 billion. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. During the same quarter last year, the firm posted $0.50 earnings per share. Levi Strauss & Co.’s revenue for the quarter 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 analysts anticipate that Levi Strauss & Co. will post 1.27 earnings per share for the current year.

Levi Strauss & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio is 38.36%.

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Jason Gowans sold 40,000 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP David Jedrzejek sold 2,248 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the completion of the sale, the senior vice president owned 106,818 shares of the company’s stock, valued at approximately $2,093,632.80. This trade represents a 2.06% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 49,341 shares of company stock valued at $1,068,909. 1.25% of the stock is owned by insiders.

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.