CreativeOne Wealth LLC Buys Shares of 32,878 Levi Strauss & Co. $LEVI

CreativeOne Wealth LLC purchased a new position in shares of Levi Strauss & Co. (NYSE:LEVI) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 32,878 shares of the blue-jean maker’s stock, valued at approximately $766,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. US Bancorp DE raised its stake in shares of Levi Strauss & Co. by 260.5% during the third 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 in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Levi Strauss & Co. by 140.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock valued at $26,000 after buying an additional 833 shares in the last quarter. Hara Capital LLC grew its position in Levi Strauss & Co. by 8,080.0% in the 2nd 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Levi Strauss & Co. by 133.5% during the 1st 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. Finally, LSV Asset Management bought a new stake in shares of Levi Strauss & Co. during the 3rd quarter worth about $117,000. Institutional investors own 69.14% of the company’s stock.

Levi Strauss & Co. Stock Performance

Shares of LEVI opened at $18.11 on Friday. 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 firm’s 50 day moving average is $21.09 and its 200-day moving average is $21.56. Levi Strauss & Co. has a 12-month low of $12.17 and a 12-month high of $24.82. The stock has a market capitalization of $7.07 billion, a P/E ratio of 12.40, a P/E/G ratio of 1.45 and a beta of 1.28.

Levi Strauss & Co. (NYSE:LEVI) last released its 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 business had revenue of $1.77 billion during 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%. The business’s quarterly revenue was up .9% on a year-over-year basis. During the same period in the prior year, the business earned $0.50 earnings per share. 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 EPS for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Stockholders of record on Tuesday, February 10th were given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio is 38.36%.

Insider Buying and Selling at Levi Strauss & Co.

In other news, EVP Jason Gowans sold 40,000 shares of the business’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total transaction of $873,200.00. Following the sale, the executive vice president directly owned 92,199 shares of the company’s stock, valued at $2,012,704.17. The trade was a 30.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP David Jedrzejek sold 2,248 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the sale, the senior vice president directly owned 106,818 shares of the company’s stock, valued at approximately $2,093,632.80. This represents a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 49,341 shares of company stock valued at $1,068,909. Corporate insiders own 1.25% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of Levi Strauss & Co. in a research note on Thursday. BTIG Research reissued a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Jefferies Financial Group assumed coverage on Levi Strauss & Co. in a research report on Wednesday, February 4th. They issued a “buy” rating and a $25.00 target price for the company. Weiss Ratings raised Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 24th. Finally, Raymond James Financial began coverage on Levi Strauss & Co. in a research report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price target on the stock. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.69.

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.