M. Kulyk & Associates LLC Raises Stake in Levi Strauss & Co. $LEVI

M. Kulyk & Associates LLC boosted its stake in Levi Strauss & Co. (NYSE:LEVI) by 4,921.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 524,975 shares of the blue-jean maker’s stock after purchasing an additional 514,520 shares during the quarter. Levi Strauss & Co. makes up 2.5% of M. Kulyk & Associates LLC’s investment portfolio, making the stock its 12th largest position. M. Kulyk & Associates LLC’s holdings in Levi Strauss & Co. were worth $12,232,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. 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. Hara Capital LLC grew its stake in Levi Strauss & Co. by 8,080.0% during the second quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after acquiring an additional 2,020 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 worth $51,000 after acquiring an additional 1,879 shares during the period. First Command Advisory Services Inc. purchased a new stake in Levi Strauss & Co. in the 2nd quarter worth approximately $71,000. Finally, LSV Asset Management bought a new position in Levi Strauss & Co. in the 3rd quarter valued at $117,000. Hedge funds and other institutional investors own 69.14% of the company’s stock.

Levi Strauss & Co. Stock Down 5.0%

LEVI opened at $21.75 on Tuesday. The stock has a market cap of $8.49 billion, a PE ratio of 14.89, a P/E/G ratio of 1.82 and a beta of 1.33. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. Levi Strauss & Co. has a 52 week low of $12.17 and a 52 week high of $24.82. The business’s fifty day simple moving average is $21.31 and its 200 day simple moving average is $21.60.

Levi Strauss & Co. (NYSE:LEVI) last issued its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.02. The firm had revenue of $1.77 billion during the quarter, compared to analyst estimates of $1.71 billion. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The company’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. As a group, research analysts expect 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 announced a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Tuesday, February 10th. This represents a $0.56 annualized dividend and a yield of 2.6%. Levi Strauss & Co.’s dividend payout ratio is currently 38.36%.

Insider Buying and Selling

In other Levi Strauss & Co. news, EVP Jason Gowans sold 40,000 shares of the 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 transaction, the executive vice president directly owned 92,199 shares in the company, valued at $2,012,704.17. This trade represents a 30.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP David Jedrzejek sold 7,093 shares of the business’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total transaction of $151,648.34. Following the completion of the sale, the senior vice president owned 98,193 shares of the company’s stock, valued at approximately $2,099,366.34. The trade was a 6.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 49,341 shares of company stock worth $1,068,909 over the last quarter. Company insiders own 1.25% of the company’s stock.

Analyst Upgrades and Downgrades

LEVI has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Jefferies Financial Group initiated coverage on Levi Strauss & Co. in a research report on Wednesday, February 4th. They set a “buy” rating and a $25.00 target price for the company. Telsey Advisory Group restated an “outperform” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, January 21st. Wall Street Zen cut Levi Strauss & Co. from a “buy” rating to a “hold” rating in a report on Saturday, January 31st. Finally, Weiss Ratings downgraded Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $26.69.

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.