Dean Capital Management Invests $1.67 Million in Levi Strauss & Co. $LEVI

Dean Capital Management bought a new position in Levi Strauss & Co. (NYSE:LEVI) during the first quarter, HoldingsChannel reports. The firm bought 90,125 shares of the blue-jean maker’s stock, valued at approximately $1,666,000.

Several other hedge funds have also bought and sold shares of LEVI. Weiss Asset Management LP bought a new stake in Levi Strauss & Co. during the 1st quarter valued at $1,254,000. Entropy Technologies LP lifted its stake in shares of Levi Strauss & Co. by 57.4% in the first quarter. Entropy Technologies LP now owns 77,982 shares of the blue-jean maker’s stock valued at $1,442,000 after buying an additional 28,424 shares in the last quarter. Sei Investments Co. lifted its stake in shares of Levi Strauss & Co. by 36.1% in the first quarter. Sei Investments Co. now owns 115,383 shares of the blue-jean maker’s stock valued at $2,133,000 after buying an additional 30,574 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Levi Strauss & Co. by 141.6% during the first quarter. First Trust Advisors LP now owns 81,396 shares of the blue-jean maker’s stock valued at $1,505,000 after buying an additional 47,706 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Levi Strauss & Co. by 9.9% during the first quarter. PNC Financial Services Group Inc. now owns 16,866 shares of the blue-jean maker’s stock valued at $312,000 after buying an additional 1,523 shares during the last quarter. Institutional investors and hedge funds own 69.14% of the company’s stock.

Levi Strauss & Co. Stock Performance

NYSE LEVI opened at $24.54 on Monday. The company has a fifty day moving average price of $23.59 and a 200-day moving average price of $21.88. The firm has a market cap of $9.44 billion, a price-to-earnings ratio of 15.15, a PEG ratio of 1.62 and a beta of 1.33. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. Levi Strauss & Co. has a 1 year low of $17.72 and a 1 year high of $25.58.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The company had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period last year, the firm earned $0.22 earnings per share. The firm’s revenue was up 8.0% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, equities research analysts predict that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a dividend of $0.16 per share. The ex-dividend date of this dividend is Wednesday, July 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.6%. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s payout ratio is 39.51%.

Wall Street Analyst Weigh In

LEVI has been the topic of a number of analyst reports. UBS Group restated a “buy” rating and issued a $34.00 target price on shares of Levi Strauss & Co. in a report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price target on Levi Strauss & Co. from $30.00 to $32.00 and gave the company an “overweight” rating in a research note on Thursday, July 2nd. Citigroup boosted their price objective on Levi Strauss & Co. from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Raymond James Financial increased their price objective on Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Finally, TD Cowen restated a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, May 27th. Twelve research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.46.

Insiders Place Their Bets

In other news, major shareholder Robert D. Haas sold 488,851 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.11, for a total value of $11,786,197.61. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Margaret E. Haas sold 47,721 shares of the stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.01, for a total value of $1,145,781.21. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,236,803 shares of company stock worth $28,742,192 over the last 90 days. 1.08% of the stock is currently owned by corporate 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.