Levi Strauss & Co. $LEVI Holdings Decreased by Ceredex Value Advisors LLC

Ceredex Value Advisors LLC lowered its stake in Levi Strauss & Co. (NYSE:LEVI) by 11.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 368,700 shares of the blue-jean maker’s stock after selling 48,550 shares during the quarter. Ceredex Value Advisors LLC owned about 0.09% of Levi Strauss & Co. worth $8,591,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of LEVI. US Bancorp DE raised its position in shares of Levi Strauss & Co. by 260.5% during the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings 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 valued at $26,000 after acquiring an additional 833 shares in the last quarter. Hara Capital LLC increased its stake in shares of Levi Strauss & Co. by 8,080.0% during the second quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after acquiring an additional 2,020 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Levi Strauss & Co. by 133.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after purchasing an additional 1,879 shares in the last quarter. Finally, LSV Asset Management bought a new stake in Levi Strauss & Co. during the third quarter worth approximately $117,000. Institutional investors and hedge funds own 69.14% of the company’s stock.

Insider Activity at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Jason Gowans sold 40,000 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $21.83, for a total transaction of $873,200.00. Following 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 Securities & Exchange Commission, which is available through this hyperlink. Also, SVP David Jedrzejek sold 7,093 shares of the stock in a transaction on Tuesday, January 27th. The shares were sold at an average price of $21.38, for a total value of $151,648.34. Following the completion of the sale, the senior vice president 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 have sold 49,341 shares of company stock worth $1,068,909. Corporate insiders own 1.25% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on LEVI shares. Needham & Company LLC restated a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Wall Street Zen downgraded Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings upgraded Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 24th. Raymond James Financial began coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 target price for the company. Finally, UBS Group lifted their target price on Levi Strauss & Co. from $32.00 to $33.00 and gave the stock a “buy” rating in a report on Monday, January 12th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.69.

Levi Strauss & Co. Price Performance

NYSE LEVI opened at $18.79 on Wednesday. The company has a current ratio of 1.55, a quick ratio of 0.94 and a debt-to-equity ratio of 0.46. Levi Strauss & Co. has a 1 year low of $12.17 and a 1 year high of $24.82. The company has a market cap of $7.34 billion, a PE ratio of 12.87, a PEG ratio of 1.50 and a beta of 1.28. The stock’s 50-day moving average price is $21.20 and its two-hundred day moving average price is $21.61.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 EPS for the quarter, topping the consensus estimate of $0.39 by $0.02. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. 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 company posted $0.50 earnings per share. The business’s revenue for the quarter 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. Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a yield of 3.0%. The ex-dividend date was Tuesday, February 10th. Levi Strauss & Co.’s payout ratio is presently 38.36%.

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.