Bracken Darrell Purchases 32,894 Shares of V.F. (NYSE:VFC) Stock

V.F. Corporation (NYSE:VFC) insider Bracken Darrell acquired 32,894 shares of the business’s stock in a transaction dated Friday, July 31st. The shares were bought at an average price of $14.98 per share, for a total transaction of $492,752.12. Following the completion of the acquisition, the insider owned 1,402,109 shares in the company, valued at approximately $21,003,592.82. This trade represents a 2.40% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

V.F. Price Performance

V.F. stock opened at $15.23 on Wednesday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.78 and a current ratio of 1.43. The company has a market cap of $5.99 billion, a price-to-earnings ratio of 22.08, a PEG ratio of 1.07 and a beta of 1.57. V.F. Corporation has a 1 year low of $11.65 and a 1 year high of $22.27. The firm has a 50 day moving average price of $16.75 and a 200 day moving average price of $17.94.

V.F. (NYSE:VFC) last announced its quarterly earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). V.F. had a net margin of 2.88% and a return on equity of 18.91%. The company had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the business earned ($0.24) EPS. The firm’s revenue for the quarter was down 5.2% compared to the same quarter last year. Sell-side analysts predict that V.F. Corporation will post 1.07 earnings per share for the current year.

V.F. Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 10th will be given a dividend of $0.09 per share. This represents a $0.36 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend is Thursday, September 10th. V.F.’s dividend payout ratio is 52.17%.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Barclays decreased their price objective on shares of V.F. from $24.00 to $23.00 and set an “overweight” rating for the company in a research note on Thursday, July 30th. Truist Financial lowered their price target on V.F. from $15.00 to $14.00 and set a “hold” rating for the company in a report on Thursday, July 30th. Weiss Ratings lowered V.F. from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, June 4th. Citigroup began coverage on V.F. in a research note on Thursday, May 21st. They set a “neutral” rating and a $18.00 price objective on the stock. Finally, BTIG Research reaffirmed a “buy” rating on shares of V.F. in a research report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $18.21.

Hedge Funds Weigh In On V.F.

A number of institutional investors have recently added to or reduced their stakes in VFC. Hillsdale Investment Management Inc. purchased a new position in V.F. in the 1st quarter valued at about $3,209,000. Russell Investments Group Ltd. increased its position in shares of V.F. by 14.0% during the fourth 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 lifted its stake in shares of V.F. by 10.3% in the fourth 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 in the last quarter. Entropy Technologies LP acquired a new position in shares of V.F. in the first quarter worth about $815,000. Finally, Captrust Financial Advisors boosted its holdings in V.F. by 28.0% in the fourth quarter. Captrust Financial Advisors now owns 90,873 shares of the textile maker’s stock valued at $1,643,000 after purchasing an additional 19,880 shares during the last quarter. Institutional investors and hedge funds own 86.84% of the company’s stock.

Trending Headlines about V.F.

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

• Positive Sentiment: CEO Bracken Darrell bought 32,894 VFC shares for approximately $492,752 at an average price of $14.98, increasing his ownership by 2.4% to more than 1.4 million shares. The open-market purchase may signal management’s confidence that the stock is undervalued. V.F. insider buying report
• Neutral Sentiment: VFC’s international revenue trends remain an important investor focus. Overseas performance could provide growth and help offset weakness elsewhere, but the company’s reliance on international markets also leaves results exposed to currency movements and uneven consumer demand. V.F. international revenue analysis
• Neutral Sentiment: The company’s quarterly dividend remains $0.09 per share, or $0.36 annually, representing a yield of roughly 2.4% at the reported share price. The payout may provide some support for income-oriented investors, although it does not resolve the company’s operating challenges. V.F. dividend and stock information
• Negative Sentiment: VFC’s latest results showed an adjusted loss of $0.27 per share, worse than the $0.22 consensus estimate, while revenue fell 5.2% year over year to $1.67 billion. The earnings miss and continued sales decline reinforce concerns about margins, brand performance and the pace of the turnaround.
• Negative Sentiment: Analysts reduced their price targets after the earnings report, including Wells Fargo and Goldman Sachs to $16 and Telsey Advisory Group to $17. The revisions and generally “Hold” consensus indicate limited near-term conviction despite a median target above the current trading range.

V.F. Company Profile

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.