Analysts Set Levi Strauss & Co. (NYSE:LEVI) Price Target at $27.43

Shares of Levi Strauss & Co. (NYSE:LEVI) have received a consensus recommendation of “Moderate Buy” from the sixteen research firms that are covering the stock, Marketbeat reports. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $27.4286.

LEVI has been the subject of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. TD Cowen reaffirmed a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a research note on Wednesday, May 27th. Telsey Advisory Group boosted their price target on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. JPMorgan Chase & Co. increased their price target on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 4th. Finally, Wall Street Zen lowered shares of Levi Strauss & Co. from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 8th.

Insider Transactions at Levi Strauss & Co.

In other news, major shareholder Margaret E. Haas sold 47,721 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total value of $1,145,781.21. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of Levi Strauss & Co. stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.11, for a total value of $11,786,197.61. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,296,009 shares of company stock worth $30,227,170 over the last 90 days. 1.08% of the stock is currently owned by insiders.

Institutional Trading of Levi Strauss & Co.

Hedge funds have recently modified their holdings of the business. Algert Global LLC boosted its stake in Levi Strauss & Co. by 21.2% during the second quarter. Algert Global LLC now owns 689,411 shares of the blue-jean maker’s stock worth $17,118,000 after acquiring an additional 120,596 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of Levi Strauss & Co. during the second quarter valued at approximately $795,000. Emerald Investment Advisers LLC increased its stake in shares of Levi Strauss & Co. by 91.1% during the second quarter. Emerald Investment Advisers LLC now owns 81,190 shares of the blue-jean maker’s stock valued at $2,016,000 after purchasing an additional 38,709 shares in the last quarter. Landscape Capital Management L.L.C. increased its stake in shares of Levi Strauss & Co. by 55.2% during the second quarter. Landscape Capital Management L.L.C. now owns 59,787 shares of the blue-jean maker’s stock valued at $1,485,000 after purchasing an additional 21,253 shares in the last quarter. Finally, EP Wealth Advisors LLC lifted its holdings in shares of Levi Strauss & Co. by 6.1% during the second quarter. EP Wealth Advisors LLC now owns 15,136 shares of the blue-jean maker’s stock valued at $376,000 after purchasing an additional 867 shares during the last quarter. Institutional investors own 69.14% of the company’s stock.

Levi Strauss & Co. Price Performance

LEVI stock opened at $22.42 on Tuesday. The stock has a market capitalization of $8.63 billion, a price-to-earnings ratio of 13.84, a PEG ratio of 1.48 and a beta of 1.33. The firm’s 50-day moving average price is $24.09 and its two-hundred day moving average price is $22.14. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. Levi Strauss & Co. has a 12-month low of $17.72 and a 12-month high of $25.70.

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

Levi Strauss & Co. Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given a $0.16 dividend. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $0.64 annualized dividend and a dividend yield of 2.9%. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio is currently 39.51%.

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.