BTIG Research reissued their buy rating on shares of Levi Strauss & Co. (NYSE:LEVI – Free Report) in a report published on Wednesday,Benzinga reports. BTIG Research currently has a $27.00 price objective on the blue-jean maker’s stock.
LEVI has been the topic of several other research reports. JPMorgan Chase & Co. raised their price target on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Barclays boosted their price objective on Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a report on Friday, July 10th. Citigroup upped their target price on shares of Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Telsey Advisory Group raised their target price on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Finally, Raymond James Financial lifted their price target on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Ten research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.25.
View Our Latest Stock Report on LEVI
Levi Strauss & Co. Stock Performance
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last announced its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. The firm had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The business’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same period last year, the company earned $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Analysts forecast that Levi Strauss & Co. will post 1.54 EPS for the current year.
Levi Strauss & Co. Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd were issued a $0.16 dividend. This is a boost from Levi Strauss & Co.’s previous quarterly dividend of $0.14. This represents a $0.64 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Wednesday, July 22nd. Levi Strauss & Co.’s dividend payout ratio is currently 39.51%.
Insiders Place Their Bets
In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $24.22, for a total value of $2,377,047.68. Following the transaction, the executive vice president owned 98,747 shares of the company’s stock, valued at approximately $2,391,652.34. This represents a 49.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.08% of the company’s stock.
Hedge Funds Weigh In On Levi Strauss & Co.
Several institutional investors have recently modified their holdings of LEVI. Bank of New York Mellon Corp raised its position in shares of Levi Strauss & Co. by 462.4% in the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock valued at $89,489,000 after acquiring an additional 3,979,223 shares during the period. Goldman Sachs Group Inc. grew its holdings in Levi Strauss & Co. by 44.0% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock valued at $88,014,000 after purchasing an additional 1,296,474 shares during the period. Eastern Bank bought a new stake in Levi Strauss & Co. in the second quarter valued at approximately $60,854,000. GW&K Investment Management LLC increased its stake in Levi Strauss & Co. by 31.5% in the fourth quarter. GW&K Investment Management LLC now owns 2,219,599 shares of the blue-jean maker’s stock valued at $46,034,000 after purchasing an additional 531,963 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in Levi Strauss & Co. by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock worth $40,834,000 after purchasing an additional 7,827 shares during the period. 69.14% of the stock is currently owned by institutional investors and hedge funds.
Trending Headlines about Levi Strauss & Co.
Here are the key news stories impacting Levi Strauss & Co. this week:
- Positive Sentiment: Healthy denim demand may support the third quarter. Jefferies expects a solid quarter and said full-year profit guidance could move modestly higher, although revenue guidance may be reiterated because of persistent inflation. Jefferies expects a solid third quarter for Levi Strauss
- Positive Sentiment: BTIG reaffirmed its “Buy” rating. The bullish stance provides some support ahead of the earnings release, while Needham reportedly viewed Levi’s incoming finance chief favorably. BTIG reaffirms Buy rating
- Positive Sentiment: Levi is strengthening its finance organization. Skechers CFO John Vandemore is scheduled to become Levi’s CFO and executive vice president on November 1, potentially bringing additional operating and financial-management expertise. Skechers CFO joins Levi’s
- Neutral Sentiment: Investors are focused on the upcoming third-quarter report. Wall Street forecasts and key operating metrics for the quarter ended August 2026 will shape expectations for revenue, margins and the company’s full-year outlook. Levi Strauss third-quarter earnings forecasts
- Negative Sentiment: Analysts are trimming valuation expectations ahead of earnings. Citigroup lowered its expectations for LEVI’s stock price, while other reports cited reduced price targets. The cuts signal concern about inflation, the revenue outlook or limited upside despite continued denim demand. Citigroup lowers expectations for Levi Strauss
- Negative Sentiment: The CFO transition creates near-term uncertainty. Levi is replacing its finance chief while also making broader strategic adjustments; reports that former creative executive Derek Lam is returning add to the perception of an ongoing management and strategy reshuffle. Levi’s management changes
About Levi Strauss & Co.
Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.
Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.
The company serves customers in North America, Europe, Asia and other international markets.
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