Jupiter Topco LLC Makes New Investment in Levi Strauss & Co. $LEVI

Jupiter Topco LLC purchased a new stake in Levi Strauss & Co. (NYSE:LEVI) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 42,325 shares of the blue-jean maker’s stock, valued at approximately $1,052,000.

A number of other large investors also recently made changes to their positions in the business. Wells Fargo & Company MN grew its position in shares of Levi Strauss & Co. by 0.4% in the fourth quarter. Wells Fargo & Company MN now owns 132,304 shares of the blue-jean maker’s stock valued at $2,744,000 after purchasing an additional 465 shares during the period. Essential Partners LLC lifted its position in Levi Strauss & Co. by 42.1% during the second quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock worth $45,000 after buying an additional 532 shares during the period. US Bancorp DE lifted its position in Levi Strauss & Co. by 260.5% during the third 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 during the period. Northwestern Mutual Wealth Management Co. boosted its stake 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. Finally, EP Wealth Advisors LLC boosted its stake in Levi Strauss & Co. by 6.1% in the 2nd quarter. EP Wealth Advisors LLC now owns 15,136 shares of the blue-jean maker’s stock worth $376,000 after buying an additional 867 shares during the last quarter. Hedge funds and other institutional investors own 69.14% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Levi Strauss & Co. in a report on Monday, August 3rd. Raymond James Financial boosted their target price on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. TD Cowen reaffirmed a “buy” rating and set a $28.00 price target on shares of Levi Strauss & Co. in a research report on Wednesday, May 27th. BTIG Research reaffirmed a “buy” rating and set a $27.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, July 9th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a report on Thursday, July 9th. Twelve equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $27.43.

Levi Strauss & Co. Stock Performance

Shares of NYSE:LEVI opened at $21.05 on Friday. The business has a 50-day moving average of $23.36 and a two-hundred day moving average of $22.20. The firm has a market capitalization of $8.10 billion, a PE ratio of 12.99, a P/E/G ratio of 1.39 and a beta of 1.32. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. 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 released its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share 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 business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the previous year, the company posted $0.22 EPS. The company’s revenue was up 8.0% compared to the same quarter last year. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, research analysts forecast that Levi Strauss & Co. will post 1.54 earnings per share for the current year.

Levi Strauss & Co. Increases Dividend

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

Insider Buying and Selling at Levi Strauss & Co.

In other Levi Strauss & Co. news, major shareholder Margaret E. Haas sold 47,721 shares of the business’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $1,145,781.21. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Harmit Singh sold 98,144 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the completion of the transaction, the executive vice president directly owned 98,747 shares in the company, valued at approximately $2,391,652.34. This represents a 49.85% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 783,560 shares of company stock valued at $18,882,739 in the last ninety days. Corporate insiders own 1.08% of the company’s stock.

Levi Strauss & Co. 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.