Levi Strauss & Co. (NYSE:LEVI – Get Free Report) has been assigned an average rating of “Moderate Buy” from the sixteen ratings firms that are presently covering the stock, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $27.4286.
LEVI has been the subject of a number of analyst reports. Telsey Advisory Group upped their price target on Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $25.00 target price on shares of Levi Strauss & Co. in a research note on Tuesday, July 28th. Barclays lifted their price target on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. Wall Street Zen raised shares of Levi Strauss & Co. from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Finally, JPMorgan Chase & Co. upped their price target on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the stock an “overweight” rating in a research report on Tuesday, August 4th.
Get Our Latest Research Report on Levi Strauss & Co.
Levi Strauss & Co. Stock Performance
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last announced its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. The company had revenue of $1.56 billion during the quarter, compared to the consensus estimate of $1.52 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.Levi Strauss & Co.’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period 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 analysts forecast that Levi Strauss & Co. will post 1.54 earnings per share for the current year.
Levi Strauss & Co. Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were paid a dividend of $0.16 per share. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $0.64 annualized dividend and a yield of 3.0%. This is a boost from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio is currently 39.51%.
Insider Buying and Selling
In other news, major shareholder Margaret E. Haas sold 47,721 shares of Levi Strauss & Co. stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $1,145,781.21. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the company’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the sale, the insider directly owned 145,662 shares of the company’s stock, valued at $3,497,344.62. This represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 783,560 shares of company stock valued at $18,882,739 in the last quarter. Corporate insiders own 1.08% of the company’s stock.
Institutional Investors Weigh In On Levi Strauss & Co.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Measured Wealth Private Client Group LLC purchased a new position in shares of Levi Strauss & Co. during the 4th quarter worth $26,000. US Bancorp DE lifted its stake in Levi Strauss & Co. by 260.5% during the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted 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 worth $26,000 after buying an additional 833 shares during the period. Nykredit A S purchased a new position in shares of Levi Strauss & Co. during the second quarter worth $36,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Levi Strauss & Co. in the fourth quarter valued at $39,000. Hedge funds and other 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.
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