V.F. (NYSE:VFC) Research Coverage Started at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft assumed coverage on shares of V.F. (NYSE:VFC) in a report issued on Thursday, Marketbeat reports. The brokerage issued a hold rating and a $14.00 price target on the textile maker’s stock.

A number of other analysts also recently issued reports on VFC. Wall Street Zen downgraded shares of V.F. from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. BTIG Research reissued a “buy” rating on shares of V.F. in a research report on Friday, July 24th. Citigroup started coverage on shares of V.F. in a research note on Thursday, May 21st. They set a “neutral” rating and a $18.00 price target for the company. UBS Group lowered their price target on shares of V.F. from $18.00 to $16.00 and set a “neutral” rating on the stock in a report on Thursday, July 30th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of V.F. in a research note on Tuesday, September 1st. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $17.42.

V.F. Stock Down 1.1%

VFC stock opened at $12.79 on Thursday. The stock has a market cap of $5.03 billion, a P/E ratio of 18.53, a P/E/G ratio of 0.91 and a beta of 1.57. The company has a current ratio of 1.43, a quick ratio of 0.78 and a debt-to-equity ratio of 1.70. The stock’s fifty day simple moving average is $14.70 and its two-hundred day simple moving average is $16.52. V.F. has a 1-year low of $12.45 and a 1-year high of $22.27.

V.F. (NYSE:VFC) last announced its earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.22) by ($0.05). The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.64 billion. V.F. had a net margin of 2.88% and a return on equity of 18.91%. The company’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.24) earnings per share. Analysts expect that V.F. will post 1.08 EPS for the current year.

V.F. Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 10th were paid a $0.09 dividend. The ex-dividend date was Thursday, September 10th. This represents a $0.36 annualized dividend and a dividend yield of 2.8%. V.F.’s dividend payout ratio (DPR) is presently 52.17%.

Insider Activity at V.F.

In other V.F. news, Director Richard Carucci purchased 20,000 shares of the stock in a transaction dated Thursday, August 13th. The shares were bought at an average price of $14.73 per share, with a total value of $294,600.00. Following the completion of the transaction, the director directly owned 356,215 shares in the company, valued at approximately $5,247,046.95. This trade represents a 5.95% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bracken Darrell purchased 32,894 shares of the company’s stock in a transaction that occurred on Friday, July 31st. The shares were acquired at an average price of $14.98 per share, for a total transaction of $492,752.12. Following the completion of the purchase, the insider directly owned 1,402,109 shares in the company, valued at $21,003,592.82. This represents a 2.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.54% of the company’s stock.

Hedge Funds Weigh In On V.F.

A number of large investors have recently made changes to their positions in the stock. Optimize Financial Inc raised its stake in shares of V.F. by 1.5% during the 4th quarter. Optimize Financial Inc now owns 40,379 shares of the textile maker’s stock valued at $730,000 after purchasing an additional 580 shares during the period. Parallel Advisors LLC lifted its holdings in V.F. by 27.9% during the 1st quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock worth $46,000 after purchasing an additional 588 shares in the last quarter. HB Wealth Management LLC boosted its stake in V.F. by 4.9% in the 2nd quarter. HB Wealth Management LLC now owns 30,687 shares of the textile maker’s stock worth $512,000 after purchasing an additional 1,428 shares during the period. IFP Advisors Inc grew its holdings in V.F. by 27.3% during the 2nd quarter. IFP Advisors Inc now owns 6,682 shares of the textile maker’s stock valued at $111,000 after buying an additional 1,431 shares in the last quarter. Finally, Hsbc Holdings PLC grew its holdings in V.F. by 7.7% during the 2nd quarter. Hsbc Holdings PLC now owns 29,518 shares of the textile maker’s stock valued at $492,000 after buying an additional 2,121 shares in the last quarter. 86.84% of the stock is owned by institutional investors.

More V.F. News

Here are the key news stories impacting V.F. this week:

• Positive Sentiment: V.F. recently outpaced the broader market, closing at $12.93 after an increase of 1.57% in the latest session, indicating some short-term buying interest. However, the report did not identify a specific fundamental catalyst. Why V.F. VFC Outpaced the Stock Market Today
• Neutral Sentiment: Deutsche Bank initiated coverage of V.F. Corporation with a “hold” rating and a $14 price target, implying potential upside from recent levels but signaling that the firm sees limited near-term conviction. Deutsche Bank coverage of V.F. Corporation
• Negative Sentiment: Robert W. Baird downgraded V.F. to “neutral,” adding to caution around the apparel company’s outlook and potentially limiting investor enthusiasm. V.F. Cut to Neutral at Robert W. Baird

V.F. Company Profile

V.F. Corporation, also known as VF Corporation, is a global apparel, footwear and accessories company. Its portfolio includes recognized outdoor, active, workwear and lifestyle brands such as The North Face, Vans, Timberland, Dickies, JanSport and Eastpak.

The company develops, markets and distributes products including jackets, outdoor and performance apparel, footwear, backpacks, luggage and workwear. Its brands serve consumers through wholesale partners, company-operated and franchised stores, and e-commerce platforms.

Founded in 1899 as the Reading Glove and Mitten Company, the business later adopted the name Vanity Fair Mills and became VF Corporation.