Levi Strauss & Co. (NYSE:LEVI) Receives Buy Rating from BTIG Research

BTIG Research reiterated their buy rating on shares of Levi Strauss & Co. (NYSE:LEVI) in a research report report published on Wednesday,Benzinga reports. They currently have a $27.00 price objective on the blue-jean maker’s stock.

Several other analysts have also commented on the company. Wall Street Zen lowered Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Telsey Advisory Group reiterated an “outperform” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday. Raymond James Financial began coverage on Levi Strauss & Co. in a report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price objective for the company. Jefferies Financial Group began coverage on shares of Levi Strauss & Co. in a report on Wednesday, February 4th. They issued a “buy” rating and a $25.00 target price on the stock. Finally, Needham & Company LLC reiterated a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Twelve analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Levi Strauss & Co. currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.69.

Levi Strauss & Co. Stock Up 2.7%

Shares of LEVI opened at $18.98 on Wednesday. The stock has a market cap of $7.41 billion, a price-to-earnings ratio of 13.00, a P/E/G ratio of 1.47 and a beta of 1.28. 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 12 month low of $12.17 and a 12 month high of $24.82. The company has a 50-day moving average price of $20.23 and a two-hundred day moving average price of $21.19.

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 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 for the quarter, compared to the consensus estimate of $1.71 billion. During the same period in the previous year, the business earned $0.50 earnings per share. The company’s quarterly 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. Equities analysts predict that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th were issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio (DPR) is currently 38.36%.

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 7,093 shares of the business’s stock in a transaction on Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total value of $151,648.34. Following the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jason Gowans sold 40,000 shares of the stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following the sale, the executive vice president owned 92,199 shares in the company, valued at $2,012,704.17. The trade was a 30.26% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 49,341 shares of company stock valued at $1,068,909. Corporate insiders own 1.08% of the company’s stock.

Institutional Investors Weigh In On Levi Strauss & Co.

A number of hedge funds have recently added to or reduced their stakes in the stock. US Bancorp DE increased its position in Levi Strauss & Co. by 260.5% in the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock valued at $26,000 after acquiring an additional 810 shares in the last quarter. Measured Wealth Private Client Group LLC bought a new stake in shares of Levi Strauss & Co. during the fourth quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. grew its stake 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 purchasing an additional 833 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter valued at approximately $39,000. Finally, Hara Capital LLC increased its holdings in shares of Levi Strauss & Co. by 8,080.0% in the second quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after purchasing an additional 2,020 shares in the last quarter. Institutional investors own 69.14% of the company’s stock.

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.