Levi Strauss & Co. (NYSE:LEVI – Get Free Report)‘s stock had its “buy” rating restated by BTIG Research in a research report issued on Wednesday, Benzinga reports. They currently have a $27.00 price target on the blue-jean maker’s stock. BTIG Research’s price objective points to a potential upside of 37.24% from the stock’s previous close.
LEVI has been the subject of a number of other research reports. Barclays boosted their price objective 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. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $25.00 target price on shares of Levi Strauss & Co. in a report on Tuesday, July 28th. Citigroup increased their price target on Levi Strauss & Co. from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. JPMorgan Chase & Co. boosted their price objective on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Finally, Wall Street Zen upgraded Levi Strauss & Co. from a “buy” rating to a “strong-buy” rating in a research note on Sunday, September 20th. Twelve equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Levi Strauss & Co. presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.21.
Levi Strauss & Co. Stock Performance
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The firm had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The firm’s revenue was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.22 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, equities research analysts predict that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.
Insiders Place Their Bets
In related news, EVP Harmit Singh sold 98,144 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total value of $2,377,047.68. Following the completion of the transaction, the executive vice president owned 98,747 shares in the company, valued at $2,391,652.34. This represents a 49.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.08% of the stock is owned by insiders.
Institutional Trading of Levi Strauss & Co.
A number of institutional investors have recently made changes to their positions in the stock. Envestnet Asset Management Inc. boosted its holdings in shares of Levi Strauss & Co. by 8.1% in the second quarter. Envestnet Asset Management Inc. now owns 392,152 shares of the blue-jean maker’s stock valued at $9,737,000 after acquiring an additional 29,501 shares in the last quarter. State Street Corp raised its holdings in Levi Strauss & Co. by 7.6% during the second quarter. State Street Corp now owns 983,097 shares of the blue-jean maker’s stock worth $24,410,000 after purchasing an additional 69,437 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Levi Strauss & Co. by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock worth $40,834,000 after purchasing an additional 7,827 shares during the period. Engineers Gate Manager LP lifted its position in Levi Strauss & Co. by 74.3% in the second quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker’s stock worth $20,152,000 after purchasing an additional 345,855 shares during the period. Finally, Integrated Wealth Concepts LLC bought a new position in Levi Strauss & Co. during the 2nd quarter valued at $127,000. 69.14% of the stock is owned by institutional investors and hedge funds.
Levi Strauss & Co. News Roundup
Here are the key news stories impacting Levi Strauss & Co. this week:
- Positive Sentiment: BTIG Research reaffirmed its “buy” rating and set a $27.00 price target, implying substantial potential upside from recent trading levels. The bullish view provides support for the stock ahead of earnings.
- Positive Sentiment: Levi Strauss & Co. has a consensus price target of $27.43, well above the recent share price, suggesting analysts collectively see meaningful upside. Levi Strauss & Co. Stock Has Consensus Price Target of $27.43
- Neutral Sentiment: The company is expected to report quarterly earnings shortly. Investors will focus on revenue growth, margins and whether management maintains its fiscal 2026 earnings guidance. Levi Strauss & Co. Projected to Post Quarterly Earnings on Wednesday
- Neutral Sentiment: Levi Strauss appointed Debasish Satapathy to lead its e-commerce business. The move could support digital sales and direct-to-consumer growth, although its financial impact is not yet clear. Debasish Satapathy joins Levi Strauss & Co. to lead E-commerce business
- Negative Sentiment: Citigroup lowered its price target from $25.00 to $22.00 and downgraded its stance to “neutral.” Although the revised target still indicates upside, the reduction signals more cautious expectations and may pressure the stock.
About Levi Strauss & Co.
Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.
Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.
The company serves customers in North America, Europe, Asia and other international markets.
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