Oppenheimer Asset Management Inc. Makes New $838,000 Investment in Levi Strauss & Co. $LEVI

Oppenheimer Asset Management Inc. purchased a new stake in Levi Strauss & Co. (NYSE:LEVI) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 35,948 shares of the blue-jean maker’s stock, valued at approximately $838,000.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Jones Financial Companies Lllp lifted its stake in Levi Strauss & Co. by 10.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 6,553 shares of the blue-jean maker’s stock valued at $151,000 after acquiring an additional 614 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of Levi Strauss & Co. by 3.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,094 shares of the blue-jean maker’s stock valued at $639,000 after purchasing an additional 806 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Levi Strauss & Co. by 140.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 833 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Levi Strauss & Co. by 46.6% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,817 shares of the blue-jean maker’s stock worth $89,000 after purchasing an additional 1,531 shares during the last quarter. Finally, Legal & General Group Plc boosted its holdings in Levi Strauss & Co. by 1.8% during the second quarter. Legal & General Group Plc now owns 94,280 shares of the blue-jean maker’s stock worth $1,743,000 after purchasing an additional 1,711 shares during the last quarter. 69.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Levi Strauss & Co.

In other news, EVP Jason Gowans sold 40,000 shares of the stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $21.83, for a total value of $873,200.00. Following the transaction, the executive vice president directly owned 92,199 shares of the company’s stock, valued at $2,012,704.17. This represents a 30.26% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP David Jedrzejek sold 7,093 shares of Levi Strauss & Co. stock in a transaction dated Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total transaction of $151,648.34. Following the sale, the senior vice president directly owned 98,193 shares of the company’s stock, valued at $2,099,366.34. The trade was a 6.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 49,341 shares of company stock worth $1,068,909. Corporate insiders own 1.25% of the company’s stock.

Levi Strauss & Co. Price Performance

Shares of NYSE LEVI opened at $21.92 on Friday. The business’s 50 day moving average price is $21.26 and its two-hundred day moving average price is $21.49. The company has a market cap of $8.56 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 1.74 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 twelve month low of $12.17 and a twelve month high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last released 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. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The company had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same period last year, the firm posted $0.50 earnings per share. The business’s revenue was up .9% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. On average, analysts predict that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Tuesday, February 10th. Levi Strauss & Co.’s payout ratio is currently 38.36%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Jefferies Financial Group assumed coverage on shares of Levi Strauss & Co. in a research report on Wednesday, February 4th. They set a “buy” rating and a $25.00 price target on the stock. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a research report on Wednesday, January 21st. BTIG Research reissued a “buy” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Raymond James Financial assumed coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 price target for the company. Finally, Needham & Company LLC reiterated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Eleven research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $26.69.

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.