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

Shares of Levi Strauss & Co. (NYSE:LEVI) have earned a consensus recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the stock, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $27.4286.

LEVI has been the topic of a number of research analyst reports. Raymond James Financial raised their target price on Levi Strauss & Co. from $25.00 to $27.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. BTIG Research restated a “buy” rating and set a $27.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. Wells Fargo & Company reiterated an “equal weight” rating and issued a $25.00 target price on shares of Levi Strauss & Co. in a research report on Tuesday, July 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Levi Strauss & Co. in a report on Monday, August 3rd. Finally, UBS Group reissued a “buy” rating and issued a $34.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday, July 9th.

Levi Strauss & Co. Price Performance

LEVI stock opened at $20.36 on Friday. The company’s 50-day moving average price is $23.13 and its two-hundred day moving average price is $22.17. The firm has a market cap of $7.83 billion, a P/E ratio of 12.57, a P/E/G ratio of 1.37 and a beta of 1.32. The company has a quick ratio of 0.98, a current ratio of 1.60 and a debt-to-equity ratio of 0.46. 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 posted its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter last year, the business posted $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. On average, analysts anticipate that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were issued a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a dividend yield of 3.1%. This is a boost from Levi Strauss & Co.’s previous quarterly dividend of $0.14. The ex-dividend date was Wednesday, July 22nd. Levi Strauss & Co.’s dividend payout ratio (DPR) is currently 39.51%.

Insider Buying and Selling at Levi Strauss & Co.

In related news, EVP Harmit Singh sold 98,144 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the sale, the executive vice president owned 98,747 shares of the company’s stock, valued at $2,391,652.34. This trade represents a 49.85% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.08% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Levi Strauss & Co.

Large investors have recently bought and sold shares of the company. Vanguard Group Inc. increased its stake in shares of Levi Strauss & Co. by 3.8% in the fourth quarter. Vanguard Group Inc. now owns 9,320,747 shares of the blue-jean maker’s stock valued at $193,312,000 after buying an additional 342,009 shares during the period. Bank of New York Mellon Corp boosted its position in Levi Strauss & Co. by 462.4% during the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock worth $89,489,000 after buying an additional 3,979,223 shares during the period. Goldman Sachs Group Inc. grew its holdings in Levi Strauss & Co. by 44.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock worth $88,014,000 after acquiring an additional 1,296,474 shares during the last quarter. Balyasny Asset Management L.P. increased its position in Levi Strauss & Co. by 9.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 3,457,702 shares of the blue-jean maker’s stock valued at $80,564,000 after acquiring an additional 294,053 shares during the period. Finally, California State Teachers Retirement System increased its position in Levi Strauss & Co. by 2,316.8% in the 2nd quarter. California State Teachers Retirement System now owns 2,593,816 shares of the blue-jean maker’s stock valued at $64,404,000 after acquiring an additional 2,486,491 shares during the period. 69.14% of the stock is currently owned by institutional investors.

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.