Levi Strauss & Co. (NYSE:LEVI) Stock Gets Price Target Trim from Wells Fargo & Company

Levi Strauss & Co. (NYSE:LEVI) had its target price cut by Wells Fargo & Company from $25.00 to $20.00 in a research report report published on Thursday morning,Benzinga reports. They currently have an equal weight rating on the blue-jean maker’s stock.

Other equities research analysts have also issued reports about the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday. Jefferies Financial Group decreased their price target on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, October 1st. UBS Group restated a “buy” rating on shares of Levi Strauss & Co. in a research report on Wednesday, September 23rd. Bank of America dropped their price objective on shares of Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating for the company in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their price objective 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. Twelve investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $27.31.

Levi Strauss & Co. Stock Down 1.8%

Shares of NYSE LEVI opened at $18.71 on Thursday. 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. The firm’s 50-day moving average price is $21.07 and its 200-day moving average price is $22.12. The stock has a market capitalization of $7.20 billion, a price-to-earnings ratio of 12.47, a P/E/G ratio of 1.22 and a beta of 1.32.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, topping the consensus estimate of $0.36 by $0.12. Levi Strauss & Co. had a return on equity of 27.89% and a net margin of 8.83%. The company had revenue of $1.61 billion during the quarter, compared to analyst estimates of $1.62 billion. During the same quarter last year, the business posted $0.34 earnings per share. The firm’s revenue was up 4.3% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. On average, equities research analysts anticipate that Levi Strauss & Co. will post 1.56 EPS for the current fiscal year.

Levi Strauss & Co. Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st will be issued a $0.16 dividend. This represents a $0.64 annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Wednesday, October 21st. Levi Strauss & Co.’s dividend payout ratio is presently 42.67%.

Insider Activity

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the stock in a transaction on 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 sale, the executive vice president owned 98,747 shares in the company, valued at $2,391,652.34. This trade represents a 49.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

A number of large investors have recently made changes to their positions in LEVI. Bank of New York Mellon Corp increased its stake in 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 worth $89,489,000 after buying an additional 3,979,223 shares during the period. Eastern Bank bought a new position in Levi Strauss & Co. in the 2nd quarter worth about $60,854,000. The Manufacturers Life Insurance Company grew its stake in Levi Strauss & Co. by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock worth $40,834,000 after acquiring an additional 7,827 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of Levi Strauss & Co. by 8.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,849,014 shares of the blue-jean maker’s stock worth $34,185,000 after acquiring an additional 148,174 shares during the period. Finally, Allspring Global Investments Holdings LLC increased its position in shares of Levi Strauss & Co. by 12.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,325,256 shares of the blue-jean maker’s stock worth $25,180,000 after acquiring an additional 148,067 shares during the period. 69.14% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Levi Strauss & Co.

Here are the key news stories impacting Levi Strauss & Co. this week:

• Positive Sentiment: Levi Strauss reported third-quarter adjusted EPS of $0.48, above estimates of roughly $0.35-$0.36, helped by tariff refunds and stronger wholesale performance. The company raised its fiscal 2026 EPS outlook to $1.54-$1.56. LEVI Q3 Earnings Beat on Tariff Refunds, FY26 Profit Outlook Raised
• Positive Sentiment: The company received an approximately $80 million tariff refund and plans to reinvest much of the benefit in its business, including digital initiatives and an AI shopping assistant. Management also cited international growth, holiday demand and a stronger balance sheet. Levi’s Got $80 Million in Trump Tariff Refunds
• Positive Sentiment: Analyst support remains broadly favorable: BNP Paribas Exane raised its price target to $35, while Needham reaffirmed a Buy rating at $28. JPMorgan and Barclays maintained Overweight ratings, and unusually heavy call-option activity suggests some traders expect a recovery. Levi Strauss PT Raised to $35
• Neutral Sentiment: Levi declared a quarterly dividend of $0.16 per share, equivalent to a $0.64 annualized payout and approximately a 3.4% yield, supporting the stock’s income appeal. Levi Strauss Shareholders to Get $0.16 Quarterly Dividend
• Negative Sentiment: Third-quarter revenue of about $1.61 billion was slightly below expectations, while DTC sales growth of approximately 2% disappointed investors. Analysts warned that softer U.S. consumer demand and lower visibility into growth could pressure the shares even as margins improve. Levi’s Raises Margin Outlook
• Negative Sentiment: Several firms reduced price targets, including Wells Fargo to $20, Barclays to $26 and JPMorgan to $33. The cuts reflect concern that improved profitability is being driven partly by temporary tariff benefits rather than broad-based sales acceleration.

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.