V.F. (NYSE:VFC – Get Free Report) had its price objective lowered by investment analysts at Wells Fargo & Company from $18.00 to $16.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the textile maker’s stock. Wells Fargo & Company‘s price target indicates a potential upside of 11.61% from the company’s previous close.
A number of other research firms have also weighed in on VFC. Truist Financial dropped their price target on shares of V.F. from $18.00 to $15.00 and set a “hold” rating on the stock in a research report on Thursday, May 21st. Evercore set a $18.00 price objective on shares of V.F. in a research report on Thursday, May 21st. Wall Street Zen lowered shares of V.F. from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Barclays dropped their target price on shares of V.F. from $24.00 to $23.00 and set an “overweight” rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group cut their target price on V.F. from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $18.21.
Check Out Our Latest Stock Report on V.F.
V.F. Trading Down 4.2%
V.F. (NYSE:VFC – Get Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.05). The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.64 billion. V.F. had a net margin of 2.88% and a return on equity of 18.91%. V.F.’s revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted ($0.24) earnings per share. On average, sell-side analysts anticipate that V.F. will post 1.08 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, Director Richard Carucci bought 30,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The shares were purchased at an average cost of $17.17 per share, for a total transaction of $515,100.00. Following the completion of the purchase, the director directly owned 336,043 shares in the company, valued at $5,769,858.31. The trade was a 9.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 1.54% of the company’s stock.
Institutional Investors Weigh In On V.F.
Several large investors have recently modified their holdings of the stock. Hillsdale Investment Management Inc. purchased a new position in shares of V.F. during the 1st quarter valued at $3,209,000. Russell Investments Group Ltd. increased its holdings in V.F. by 14.0% in the 4th quarter. Russell Investments Group Ltd. now owns 659,773 shares of the textile maker’s stock worth $11,930,000 after acquiring an additional 81,006 shares during the last quarter. Fiduciary Alliance LLC increased its holdings in V.F. by 10.3% in the 4th quarter. Fiduciary Alliance LLC now owns 647,496 shares of the textile maker’s stock worth $11,707,000 after acquiring an additional 60,619 shares during the last quarter. Entropy Technologies LP bought a new stake in V.F. in the 1st quarter valued at about $815,000. Finally, Captrust Financial Advisors raised its stake in V.F. by 28.0% in the 4th quarter. Captrust Financial Advisors now owns 90,873 shares of the textile maker’s stock valued at $1,643,000 after acquiring an additional 19,880 shares during the period. Hedge funds and other institutional investors own 86.84% of the company’s stock.
Key V.F. News
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: Management raised its fiscal 2027 revenue outlook to growth of 2% or better while maintaining its approximately 8% operating-margin target, signaling expectations for a gradual turnaround across its brands. VF raises FY 2027 revenue outlook
- Positive Sentiment: V.F. declared a quarterly dividend of $0.09 per share, equivalent to a roughly 2.4% annualized yield at the referenced price, providing ongoing shareholder income. VF shareholder meeting and dividend update
- Neutral Sentiment: Shareholders approved the board, executive compensation and auditor-related proposals at V.F.’s annual meeting, removing a potential governance overhang but providing little direct change to the company’s operating outlook. VF shareholders back board, pay and auditor choices
- Neutral Sentiment: Wells Fargo lowered its price target to $16 from $18 and maintained an Equal Weight rating, while Telsey reduced its target to $17 from $20 with a Market Perform rating. These targets remain above the referenced trading level but reflect reduced confidence in the recovery.
- Negative Sentiment: Fiscal first-quarter adjusted loss was $0.27 per share, worse than the expected $0.22 loss. Revenue of $1.67 billion exceeded estimates but declined 5.2% year over year, highlighting continued demand and brand-recovery challenges. V.F. Corporation Q1 2027 earnings call summary
- Negative Sentiment: The earnings disappointment triggered a sharp gap lower, while Truist also cut its price target to $14 from $15 and kept a Hold rating. The combination of weaker-than-expected profitability and multiple target reductions is the primary pressure on VFC today. V.F. shares gap down on disappointing earnings
About V.F.
VF Corporation, commonly branded as VF, is a global apparel and footwear company that develops, markets and distributes a diverse portfolio of consumer brands. Its offerings span outdoor and action sports apparel, footwear and accessories under marquee names such as The North Face, Vans, Timberland, Dickies, JanSport and Smartwool. Through a “house of brands” strategy, VF leverages the unique heritage and design expertise of each label to serve distinct lifestyle and performance segments.
Founded in 1899 in Pennsylvania as the Reading Glove and Mitten Manufacturing Company, VF evolved through a series of acquisitions and strategic expansions to become a leading player in the global apparel industry.
Recommended Stories
- Five stocks we like better than V.F.
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Receive News & Ratings for V.F. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for V.F. and related companies with MarketBeat.com's FREE daily email newsletter.
