Fund 1 Investments LLC Acquires Shares of 133,627 Levi Strauss & Co. $LEVI

Fund 1 Investments LLC purchased a new stake in shares of Levi Strauss & Co. (NYSE:LEVI) in the 2nd quarter, Holdings Channel reports. The fund purchased 133,627 shares of the blue-jean maker’s stock, valued at approximately $3,318,000. Levi Strauss & Co. comprises approximately 0.6% of Fund 1 Investments LLC’s holdings, making the stock its 28th biggest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Measured Wealth Private Client Group LLC bought a new position in shares of Levi Strauss & Co. during the fourth quarter valued at $26,000. US Bancorp DE increased its holdings in Levi Strauss & Co. by 260.5% in the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Levi Strauss & Co. by 140.7% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after buying an additional 833 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Levi Strauss & Co. in the 4th quarter worth about $39,000. Finally, Essential Partners LLC lifted its stake in Levi Strauss & Co. by 42.1% during the 2nd quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock valued at $45,000 after acquiring an additional 532 shares during the period. 69.14% of the stock is owned by institutional investors.

Levi Strauss & Co. Stock Performance

Shares of NYSE LEVI opened at $21.41 on Thursday. The firm has a fifty day moving average price of $23.78 and a 200-day moving average price of $22.24. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. The stock has a market cap of $8.24 billion, a PE ratio of 13.22, a price-to-earnings-growth ratio of 1.39 and a beta of 1.33. Levi Strauss & Co. has a 1 year low of $17.72 and a 1 year high of $25.70.

Levi Strauss & Co. (NYSE:LEVI) last issued its earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.04. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The company had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. During the same quarter last year, the company earned $0.22 EPS. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Equities analysts anticipate that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were paid a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Wednesday, July 22nd. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio is 39.51%.

Insider Buying and Selling at Levi Strauss & Co.

In related news, major shareholder Robert D. Haas sold 488,851 shares of the stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.11, for a total transaction of $11,786,197.61. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of Levi Strauss & Co. stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the transaction, the insider directly owned 145,662 shares of the company’s stock, valued at $3,497,344.62. The trade was a 50.00% decrease in their ownership of the stock. 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. In the last 90 days, insiders have sold 783,560 shares of company stock valued at $18,882,739. Corporate insiders own 1.08% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. BTIG Research reiterated a “buy” rating and set a $27.00 target price on shares of Levi Strauss & Co. in a research note on Thursday, July 9th. Telsey Advisory Group increased their price target on Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. raised their price target on 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 raised Levi Strauss & Co. from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $27.43.

Levi Strauss & Co. Company Profile

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.