Shares of Levi Strauss & Co. (NYSE:LEVI – Get Free Report) have earned a consensus rating of “Moderate Buy” from the fifteen analysts that are covering the firm, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $26.6923.
LEVI has been the topic of a number of recent research reports. Raymond James Financial assumed coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price objective on the stock. Needham & Company LLC restated a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Wall Street Zen lowered Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. 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, UBS Group reiterated a “buy” rating on shares of Levi Strauss & Co. in a research report on Thursday.
Levi Strauss & Co. Trading Down 1.1%
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last announced its quarterly earnings data on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. The firm’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, analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.
Levi Strauss & Co. Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio is currently 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 stock was sold at an average price of $21.83, for a total value 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. This trade represents a 30.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP David Jedrzejek sold 2,248 shares of the business’s 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 transaction, the senior vice president owned 106,818 shares in the company, valued at approximately $2,093,632.80. This represents a 2.06% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 49,341 shares of company stock valued at $1,068,909 in the last three months. 1.25% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Levi Strauss & Co.
Hedge funds have recently made changes to their positions in the business. US Bancorp DE increased its position in Levi Strauss & Co. by 260.5% during 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. Measured Wealth Private Client Group LLC purchased a new position in shares of Levi Strauss & Co. during the fourth quarter valued at about $26,000. Northwestern Mutual Wealth Management Co. increased its position 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 valued at $26,000 after buying an additional 833 shares during the period. Kestra Advisory Services LLC bought a new position in Levi Strauss & Co. in the fourth quarter worth about $39,000. Finally, Hara Capital LLC lifted 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 worth $38,000 after buying an additional 2,020 shares during the period. 69.14% of the stock is owned by hedge funds and other institutional investors.
About Levi Strauss & Co.
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.
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