V.F. (NYSE:VFC – Get Free Report) had its price objective cut by equities research analysts at Truist Financial from $15.00 to $14.00 in a research note issued on Thursday,Benzinga reports. The firm currently has a “hold” rating on the textile maker’s stock. Truist Financial’s target price indicates a potential downside of 7.01% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Weiss Ratings cut V.F. from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 4th. Wall Street Zen cut shares of V.F. from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Evercore set a $16.00 price objective on V.F. in a research report on Thursday. Wells Fargo & Company dropped their price target on shares of V.F. from $18.00 to $16.00 and set an “equal weight” rating for the company in a research report on Thursday. Finally, BTIG Research reaffirmed a “buy” rating on shares of V.F. in a report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $17.75.
V.F. Trading Down 0.2%
V.F. (NYSE:VFC – Get Free Report) last announced its earnings results on Wednesday, July 29th. The textile maker reported ($0.27) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.05). V.F. had a net margin of 2.65% and a return on equity of 21.05%. The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter in the prior year, the company earned ($0.24) EPS. V.F.’s revenue was down 5.2% compared to the same quarter last year. On average, research analysts predict that V.F. will post 1.09 EPS for the current year.
Insider Buying and Selling at V.F.
In other news, Director Richard Carucci acquired 30,000 shares of V.F. stock in a transaction dated Tuesday, June 9th. The stock was purchased at an average cost of $17.17 per share, for a total transaction of $515,100.00. Following the completion of the purchase, the director directly owned 336,043 shares in the company, valued at $5,769,858.31. This trade represents a 9.80% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 1.54% of the company’s stock.
Institutional Trading of V.F.
Several large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. lifted its position in V.F. by 1.9% during the third quarter. Russell Investments Group Ltd. now owns 578,767 shares of the textile maker’s stock valued at $8,352,000 after purchasing an additional 10,881 shares during the period. Fiduciary Alliance LLC lifted its holdings in V.F. by 10.3% in the fourth quarter. Fiduciary Alliance LLC now owns 647,496 shares of the textile maker’s stock valued at $11,707,000 after acquiring an additional 60,619 shares during the period. Quent Capital LLC grew its stake in shares of V.F. by 1,635.2% during the 4th quarter. Quent Capital LLC now owns 13,170 shares of the textile maker’s stock worth $238,000 after purchasing an additional 12,411 shares during the period. Handelsbanken Fonder AB lifted its stake in shares of V.F. by 19.1% in the 4th quarter. Handelsbanken Fonder AB now owns 112,000 shares of the textile maker’s stock valued at $2,025,000 after purchasing an additional 18,000 shares during the period. Finally, EverSource Wealth Advisors LLC grew its position in V.F. by 151.6% during the fourth quarter. EverSource Wealth Advisors LLC now owns 6,915 shares of the textile maker’s stock valued at $125,000 after buying an additional 4,167 shares during the period. 86.84% of the stock is owned by hedge funds and other institutional investors.
Key V.F. News
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: V.F. raised its fiscal 2027 revenue outlook to growth of 2% or better while maintaining an approximately 8% operating-margin target. Management also highlighted improving margins, lower net debt and progress at The North Face, Timberland and Vans’ direct-to-consumer business. V.F. outlook article
- Positive Sentiment: Quarterly revenue of $1.67 billion exceeded analysts’ $1.64 billion estimate, and the company declared a quarterly dividend of $0.09 per share, equivalent to an approximately 2.4% annualized yield.
- Positive Sentiment: Needham retained a “buy” rating despite reducing its price target from $25 to $21, implying substantial potential upside based on the referenced share price. Needham price-target report
- Neutral Sentiment: V.F. named Abhishek Dalmia as its incoming chief financial officer. The leadership transition may support the turnaround, but it also adds uncertainty while the company works to stabilize its brands. V.F. CFO announcement
- Neutral Sentiment: Unusually heavy put-option activity suggests elevated near-term hedging or bearish speculation, although options flow does not establish the company’s fundamental outlook. V.F. options activity
- Negative Sentiment: V.F. reported an adjusted loss of $0.27 per share, missing the $0.22 loss estimate and worsening from a $0.24 loss a year earlier. Revenue fell 5.2% year over year, with Vans wholesale weighing on sales. The CEO acknowledged the quarter was challenging. V.F. earnings report
- Negative Sentiment: Wells Fargo cut its price target from $18 to $16 and assigned an “equal weight” rating, while Telsey lowered its target from $20 to $17 with a “market perform” rating. These revisions signal limited conviction in a rapid recovery. Analyst target revisions
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.
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