Portolan Capital Management LLC Invests $4.99 Million in Levi Strauss & Co. $LEVI

Portolan Capital Management LLC bought a new stake in Levi Strauss & Co. (NYSE:LEVI) during the third quarter, HoldingsChannel.com reports. The fund bought 214,221 shares of the blue-jean maker’s stock, valued at approximately $4,991,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. US Bancorp DE lifted its holdings in shares of Levi Strauss & Co. by 260.5% during the 3rd quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock valued at $26,000 after acquiring an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings 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 valued at $26,000 after purchasing an additional 833 shares in the last quarter. Hara Capital LLC raised its position in Levi Strauss & Co. by 8,080.0% in the second quarter. Hara Capital LLC now owns 2,045 shares of the blue-jean maker’s stock valued at $38,000 after purchasing an additional 2,020 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Levi Strauss & Co. by 133.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock valued at $51,000 after purchasing an additional 1,879 shares during the period. Finally, LSV Asset Management acquired a new position in shares of Levi Strauss & Co. during the third quarter worth about $117,000. Institutional investors and hedge funds own 69.14% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. Jefferies Financial Group assumed coverage on Levi Strauss & Co. in a report on Wednesday, February 4th. They set a “buy” rating and a $25.00 target price on the stock. Raymond James Financial started coverage on Levi Strauss & Co. in a research report on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 price target on the stock. BTIG Research restated a “buy” rating and issued a $27.00 price target on shares of Levi Strauss & Co. in a report on Thursday, January 29th. Finally, UBS Group reaffirmed a “buy” rating on shares of Levi Strauss & Co. in a research report on Thursday. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $26.69.

Levi Strauss & Co. Stock Performance

NYSE:LEVI opened at $17.92 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.55 and a quick ratio of 0.94. The firm has a 50-day moving average of $21.04 and a two-hundred day moving average of $21.54. The stock has a market cap of $7.00 billion, a P/E ratio of 12.27, a PEG ratio of 1.44 and a beta of 1.28. Levi Strauss & Co. has a 1-year low of $12.17 and a 1-year high of $24.82.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share for the quarter, beating the consensus estimate of $0.39 by $0.02. Levi Strauss & Co. had a return on equity of 25.08% and a net margin of 9.20%.The company had revenue of $1.77 billion during the quarter, compared to the consensus estimate of $1.71 billion. During the same period last year, the firm earned $0.50 earnings per share. The company’s revenue was up .9% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. On average, research analysts expect that Levi Strauss & Co. will post 1.27 earnings per share for the current fiscal year.

Levi Strauss & Co. Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Shareholders of record on Tuesday, February 10th were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date was Tuesday, February 10th. Levi Strauss & Co.’s dividend payout ratio (DPR) is 38.36%.

Insider Buying and Selling

In other Levi Strauss & Co. news, EVP Jason Gowans sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total value of $873,200.00. Following the transaction, the executive vice president directly owned 92,199 shares of the company’s stock, valued at $2,012,704.17. This represents a 30.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP David Jedrzejek sold 2,248 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $19.60, for a total value of $44,060.80. Following the completion of the transaction, the senior vice president directly owned 106,818 shares in the company, valued at approximately $2,093,632.80. The trade was a 2.06% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 49,341 shares of company stock valued at $1,068,909. 1.25% of the stock is owned by insiders.

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.