Levi Strauss & Co. (NYSE:LEVI) EVP Sells $873,200.00 in Stock

Levi Strauss & Co. (NYSE:LEVI) EVP Jason Gowans sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total transaction of $873,200.00. Following the completion of the sale, the executive vice president directly owned 92,199 shares of the company’s stock, valued at $2,012,704.17. The trade was a 30.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Levi Strauss & Co. Stock Performance

Shares of LEVI stock opened at $21.92 on Monday. The firm has a market cap of $8.56 billion, a price-to-earnings ratio of 15.02, a PEG ratio of 1.74 and a beta of 1.33. Levi Strauss & Co. has a 52-week low of $12.17 and a 52-week high of $24.82. The company has a quick ratio of 0.94, a current ratio of 1.55 and a debt-to-equity ratio of 0.46. The company’s 50 day moving average is $21.26 and its 200 day moving average is $21.50.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.02. The business had revenue of $1.77 billion for the quarter, compared to analysts’ expectations of $1.71 billion. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The business’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter last year, the firm earned $0.50 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. On average, sell-side analysts anticipate that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.

Levi Strauss & Co. Announces Dividend

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

Institutional Investors Weigh In On Levi Strauss & Co.

Several institutional investors and hedge funds have recently made changes to their positions in the stock. AQR Capital Management LLC increased its position in shares of 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 acquiring an additional 97,800 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in shares of Levi Strauss & Co. in the first quarter valued at about $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Levi Strauss & Co. by 133.5% in 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 purchasing an additional 1,879 shares during the period. Caxton Associates LLP purchased a new position in shares of Levi Strauss & Co. in the first quarter worth about $241,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings 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 purchasing an additional 52,332 shares during the period. 69.14% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on LEVI. BTIG Research restated a “buy” rating and issued a $27.00 price target on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Weiss Ratings downgraded shares of Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, February 9th. Raymond James Financial initiated coverage on shares of Levi Strauss & Co. in a report on Tuesday, December 23rd. They issued an “outperform” rating and a $26.00 price target on the stock. Jefferies Financial Group started coverage on 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. Finally, Telsey Advisory Group restated an “outperform” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, January 21st. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average 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.