Jefferies Financial Group began coverage on shares of Levi Strauss & Co. (NYSE:LEVI – Free Report) in a research report released on Wednesday, MarketBeat reports. The brokerage issued a buy rating and a $25.00 target price on the blue-jean maker’s stock.
Other equities analysts also recently issued research reports about the stock. BTIG Research reaffirmed a “buy” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Weiss Ratings upgraded Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, January 26th. Wall Street Zen downgraded Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research report on Saturday, January 31st. Telsey Advisory Group restated an “outperform” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a report on Wednesday, January 21st. Finally, JPMorgan Chase & Co. boosted their target price on Levi Strauss & Co. from $23.00 to $33.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $26.69.
Get Our Latest Analysis on LEVI
Levi Strauss & Co. Stock Performance
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, beating the consensus estimate 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 quarter in the previous year, the business earned $0.50 EPS. The firm’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. As a group, analysts predict that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.
Levi Strauss & Co. Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th will be given a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Tuesday, February 10th. Levi Strauss & Co.’s payout ratio is 38.36%.
Insiders Place Their Bets
In related news, SVP David Jedrzejek sold 2,248 shares of the stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the completion of the transaction, the senior vice president owned 106,818 shares in the company, valued at $2,093,632.80. This represents a 2.06% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. 1.25% of the stock is owned by insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in LEVI. Figure 8 Investment Strategies LLC raised its holdings in Levi Strauss & Co. by 1.2% during the fourth quarter. Figure 8 Investment Strategies LLC now owns 50,939 shares of the blue-jean maker’s stock worth $1,056,000 after purchasing an additional 583 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of Levi Strauss & Co. by 10.3% in the third quarter. Jones Financial Companies Lllp now owns 6,553 shares of the blue-jean maker’s stock valued at $151,000 after buying an additional 614 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in Levi Strauss & Co. by 2.4% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 26,732 shares of the blue-jean maker’s stock valued at $575,000 after buying an additional 638 shares in the last quarter. US Bancorp DE grew its holdings 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 acquiring an additional 810 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in 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 acquiring an additional 833 shares in the last quarter. 69.14% of the stock is currently owned by institutional investors.
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.
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