David Jedrzejek Sells 2,248 Shares of Levi Strauss & Co. (NYSE:LEVI) Stock

Levi Strauss & Co. (NYSE:LEVI) SVP David Jedrzejek sold 2,248 shares of the firm’s stock in a transaction that occurred 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 owned 106,818 shares of the company’s stock, valued at approximately $2,093,632.80. This trade represents a 2.06% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

David Jedrzejek also recently made the following trade(s):

• On Tuesday, January 27th, David Jedrzejek sold 7,093 shares of Levi Strauss & Co. stock. The shares were sold at an average price of $21.38, for a total value of $151,648.34.

Levi Strauss & Co. Stock Up 4.5%

LEVI stock opened at $20.30 on Thursday. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a 50 day simple moving average of $21.37 and a 200-day simple moving average of $21.46. The company has a market capitalization of $7.93 billion, a P/E ratio of 13.90, a PEG ratio of 1.54 and a beta of 1.33. Levi Strauss & Co. has a twelve month low of $12.17 and a twelve month high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings data on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The firm had revenue of $1.77 billion for the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.50 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. On average, equities research analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be paid a dividend of $0.14 per share. The ex-dividend date is Tuesday, February 10th. This represents a $0.56 annualized dividend and a yield of 2.8%. Levi Strauss & Co.’s dividend payout ratio is presently 38.36%.

Hedge Funds Weigh In On Levi Strauss & Co.

Institutional investors have recently modified their holdings of the company. AQR Capital Management LLC lifted its position in Levi Strauss & Co. by 181.6% in the 1st quarter. AQR Capital Management LLC now owns 151,645 shares of the blue-jean maker’s stock valued at $2,364,000 after purchasing an additional 97,800 shares during the last quarter. Jacobs Levy Equity Management Inc. acquired a new stake in shares of Levi Strauss & Co. in the first quarter valued at approximately $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Levi Strauss & Co. by 133.5% during the first 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 last quarter. Caxton Associates LLP acquired a new position in shares of Levi Strauss & Co. during the first quarter worth approximately $241,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Levi Strauss & Co. by 3.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,597,687 shares of the blue-jean maker’s stock worth $24,908,000 after buying an additional 52,332 shares during the period. Institutional investors own 69.14% of the company’s stock.

Wall Street Analyst Weigh In

LEVI has been the subject of a number of research analyst reports. Jefferies Financial Group began coverage on Levi Strauss & Co. in a report on Wednesday. They issued a “buy” rating and a $25.00 price target for the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Levi Strauss & Co. in a report on Thursday, January 29th. UBS Group increased their target price on shares of Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Raymond James Financial initiated coverage on shares of Levi Strauss & Co. in a research report on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 price target on the stock. Finally, BTIG Research reaffirmed a “buy” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. 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, Levi Strauss & Co. presently has an average rating of “Moderate Buy” and a consensus target price 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.