Levi Strauss & Co. (NYSE:LEVI) Given Average Rating of “Moderate Buy” by Analysts

Levi Strauss & Co. (NYSE:LEVI) has earned an average recommendation of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $27.4615.

LEVI has been the topic of several research reports. TD Cowen reiterated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research note on Wednesday, May 27th. BTIG Research restated a “buy” rating and issued a $27.00 target price on shares of Levi Strauss & Co. in a research note on Thursday, July 9th. Wall Street Zen raised Levi Strauss & Co. from a “hold” rating to a “strong-buy” rating in a report on Saturday, April 11th. JPMorgan Chase & Co. increased their price target on Levi Strauss & Co. from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. Finally, Needham & Company LLC reissued a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a report on Thursday, July 9th.

Levi Strauss & Co. Stock Performance

Levi Strauss & Co. stock opened at $24.08 on Friday. 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 $25.58. The company has a fifty day moving average price of $23.52 and a two-hundred day moving average price of $21.86. The company has a market cap of $9.27 billion, a PE ratio of 14.87, a P/E/G ratio of 1.63 and a beta of 1.33.

Levi Strauss & Co. (NYSE:LEVI) last issued its earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. During the same period in the prior year, the company earned $0.22 earnings per share. The firm’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. Research analysts expect that Levi Strauss & Co. will post 1.54 earnings per share for the current year.

Levi Strauss & Co. Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be given a $0.16 dividend. This is a boost from Levi Strauss & Co.’s previous quarterly dividend of $0.14. This represents a $0.64 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Wednesday, July 22nd. Levi Strauss & Co.’s dividend payout ratio is 39.51%.

Insiders Place Their Bets

In other Levi Strauss & Co. news, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the firm’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total value of $3,497,344.62. Following the sale, the insider directly owned 145,662 shares in the company, valued at approximately $3,497,344.62. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.11, for a total transaction of $11,786,197.61. 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 1,236,803 shares of company stock valued at $28,742,192 over the last three months. Company insiders own 1.08% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC raised its holdings in shares of Levi Strauss & Co. by 181.6% during the first quarter. AQR Capital Management LLC now owns 151,645 shares of the blue-jean maker’s stock valued at $2,364,000 after buying an additional 97,800 shares during the last quarter. Jacobs Levy Equity Management Inc. bought a new position in Levi Strauss & Co. in the 1st quarter worth approximately $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Levi Strauss & Co. by 133.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after buying an additional 1,879 shares in the last quarter. Caxton Associates LLP acquired a new stake in Levi Strauss & Co. in the 1st quarter valued at approximately $241,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in Levi Strauss & Co. by 3.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,597,687 shares of the blue-jean maker’s stock valued at $24,908,000 after acquiring an additional 52,332 shares during the period. Institutional investors own 69.14% of the company’s stock.

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.