Sirios Capital Management L P Takes Position in Levi Strauss & Co. $LEVI

Sirios Capital Management L P purchased a new position in shares of Levi Strauss & Co. (NYSE:LEVI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 34,703 shares of the blue-jean maker’s stock, valued at approximately $809,000.

A number of other large investors also recently bought and sold shares of the business. AQR Capital Management LLC increased its stake in Levi Strauss & Co. by 181.6% in the first quarter. AQR Capital Management LLC now owns 151,645 shares of the blue-jean maker’s stock worth $2,364,000 after purchasing an additional 97,800 shares during the period. Jacobs Levy Equity Management Inc. bought a new stake in shares of Levi Strauss & Co. during the first quarter worth $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of 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 valued at $51,000 after purchasing an additional 1,879 shares during the period. Caxton Associates LLP bought 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 increased its stake in Levi Strauss & Co. by 3.4% in the 1st 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 buying an additional 52,332 shares during the period. Hedge funds and other institutional investors own 69.14% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on LEVI. UBS Group restated a “buy” rating on shares of Levi Strauss & Co. in a research note on Thursday. Jefferies Financial Group started coverage on Levi Strauss & Co. in a research note on Wednesday, February 4th. They issued a “buy” rating and a $25.00 price objective on the stock. Weiss Ratings upgraded Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 24th. Needham & Company LLC restated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Finally, Raymond James Financial started coverage on Levi Strauss & Co. in a research report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 target price for the company. Twelve investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $26.69.

Levi Strauss & Co. Trading Down 1.1%

NYSE LEVI opened at $17.92 on Friday. Levi Strauss & Co. has a one year low of $12.17 and a one year high of $24.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.94 and a current ratio of 1.55. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of 12.27, a price-to-earnings-growth ratio of 1.44 and a beta of 1.28. The company’s 50-day simple moving average is $21.04 and its two-hundred day simple moving average is $21.54.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share 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 firm had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.71 billion. During the same quarter in the prior year, the company earned $0.50 EPS. The company’s revenue was up .9% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. Equities analysts forecast that Levi Strauss & Co. will post 1.27 EPS for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th were issued a dividend of $0.14 per share. The ex-dividend date was Tuesday, February 10th. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. Levi Strauss & Co.’s dividend payout ratio is currently 38.36%.

Insiders Place Their Bets

In other Levi Strauss & Co. news, SVP David Jedrzejek sold 2,248 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $19.60, for a total transaction of $44,060.80. Following the sale, the senior vice president owned 106,818 shares of the company’s stock, valued at approximately $2,093,632.80. This trade represents a 2.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Jason Gowans sold 40,000 shares of Levi Strauss & Co. stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $21.83, for a total value of $873,200.00. Following the completion of the transaction, the executive vice president owned 92,199 shares in the company, valued at $2,012,704.17. This represents a 30.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 49,341 shares of company stock valued at $1,068,909. 1.25% of the stock is owned by company insiders.

Levi Strauss & Co. 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.