Levi Strauss & Co. (NYSE:LEVI) Receives $27.46 Consensus PT from Brokerages

Shares of Levi Strauss & Co. (NYSE:LEVI) have been assigned an average rating of “Moderate Buy” from the fifteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $27.4615.

LEVI has been the topic of several recent analyst reports. BTIG Research reiterated a “buy” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. Citigroup upped their target price on shares of Levi Strauss & Co. from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Weiss Ratings raised shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, May 6th. Barclays boosted their price target on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. Finally, JPMorgan Chase & Co. boosted their target price on Levi Strauss & Co. from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd.

Levi Strauss & Co. Price Performance

Shares of NYSE:LEVI opened at $24.36 on Friday. 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. The company has a market capitalization of $9.37 billion, a P/E ratio of 15.04, a P/E/G ratio of 1.61 and a beta of 1.33. The firm’s 50 day simple moving average is $23.29 and its two-hundred day simple moving average is $21.76.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the company posted $0.22 earnings per share. The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Research analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Wednesday, July 22nd. This is a positive change from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio is presently 34.57%.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, major shareholder Margaret E. Haas sold 47,721 shares of the stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $1,145,781.21. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of the business’s stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.11, for a total transaction of $11,786,197.61. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,358,570 shares of company stock valued at $31,606,152 in the last ninety days. Corporate insiders own 1.08% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Wells Fargo & Company MN raised its position in Levi Strauss & Co. by 0.4% in the fourth quarter. Wells Fargo & Company MN now owns 132,304 shares of the blue-jean maker’s stock worth $2,744,000 after acquiring an additional 465 shares in the last quarter. Figure 8 Investment Strategies LLC boosted its position in shares of Levi Strauss & Co. by 1.2% during the 4th quarter. Figure 8 Investment Strategies LLC now owns 50,939 shares of the blue-jean maker’s stock worth $1,056,000 after purchasing an additional 583 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Levi Strauss & Co. by 2.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 26,732 shares of the blue-jean maker’s stock worth $575,000 after purchasing an additional 638 shares in the last quarter. US Bancorp DE grew its stake 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 purchasing an additional 810 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 833 shares during the period. Institutional investors own 69.14% of the company’s stock.

About Levi Strauss & Co.

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.