Entropy Technologies LP Boosts Stock Holdings in Levi Strauss & Co. $LEVI

Entropy Technologies LP increased its stake in shares of Levi Strauss & Co. (NYSE:LEVI) by 57.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,982 shares of the blue-jean maker’s stock after acquiring an additional 28,424 shares during the quarter. Entropy Technologies LP’s holdings in Levi Strauss & Co. were worth $1,442,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. lifted 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 acquiring an additional 833 shares in the last quarter. US Bancorp DE boosted its stake in shares of 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 worth $26,000 after acquiring an additional 810 shares during the last quarter. Measured Wealth Private Client Group LLC bought a new stake in Levi Strauss & Co. during the fourth quarter valued at about $26,000. Kestra Advisory Services LLC bought a new position in shares of Levi Strauss & Co. in the fourth quarter worth about $39,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of 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 worth $51,000 after buying an additional 1,879 shares during the period. 69.14% of the stock is currently owned by institutional investors.

Levi Strauss & Co. Stock Up 4.0%

Shares of NYSE:LEVI opened at $25.52 on Tuesday. The firm has a market capitalization of $9.82 billion, a PE ratio of 15.75, a price-to-earnings-growth ratio of 1.62 and a beta of 1.33. The business has a 50 day simple moving average of $23.68 and a two-hundred day simple moving average of $21.91. Levi Strauss & Co. has a 1 year low of $17.72 and a 1 year high of $25.58. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98.

Levi Strauss & Co. (NYSE:LEVI) last issued its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.04. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the prior year, the business posted $0.22 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, equities analysts predict that Levi Strauss & Co. will post 1.54 EPS for the current year.

Levi Strauss & Co. Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a $0.16 dividend. The ex-dividend date is Wednesday, July 22nd. This is a positive change from Levi Strauss & Co.’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a yield of 2.5%. Levi Strauss & Co.’s payout ratio is 39.51%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on LEVI. Citigroup boosted their price objective on Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. BTIG Research reissued a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a research note on Thursday, July 9th. Raymond James Financial lifted their price target on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Telsey Advisory Group upped their price objective on Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Finally, Barclays upped their target price on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $27.46.

Insider Transactions at Levi Strauss & Co.

In other news, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of Levi Strauss & Co. stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the sale, the insider directly owned 145,662 shares in the company, valued at approximately $3,497,344.62. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Margaret E. Haas sold 47,721 shares of the company’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $1,145,781.21. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,236,803 shares of company stock worth $28,742,192. 1.08% of the stock is currently owned by insiders.

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.