Susquehanna Fundamental Investments LLC Acquires New Position in Levi Strauss & Co. $LEVI

Susquehanna Fundamental Investments LLC bought a new position in Levi Strauss & Co. (NYSE:LEVI) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 88,737 shares of the blue-jean maker’s stock, valued at approximately $2,203,000.

A number of other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC raised its stake 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 worth $2,364,000 after acquiring an additional 97,800 shares in the last quarter. Jacobs Levy Equity Management Inc. bought a new position in shares of Levi Strauss & Co. during the 1st quarter valued at $224,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Levi Strauss & Co. by 133.5% during the 1st 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 last quarter. Caxton Associates LLP purchased a new position in Levi Strauss & Co. in the 1st quarter worth $241,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised 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 worth $24,908,000 after purchasing an additional 52,332 shares during the period. Institutional investors own 69.14% of the company’s stock.

Levi Strauss & Co. Price Performance

LEVI stock opened at $20.36 on Wednesday. The stock has a market capitalization of $7.84 billion, a price-to-earnings ratio of 12.57, a PEG ratio of 1.37 and a beta of 1.33. The firm’s 50-day moving average price is $23.56 and its two-hundred day moving average price is $22.22. The company has a current ratio of 1.60, a quick ratio of 0.98 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 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. The company had revenue of $1.56 billion during 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%. Levi Strauss & Co.’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.22 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, equities analysts predict that Levi Strauss & Co. will post 1.54 earnings per share for the current year.

Levi Strauss & Co. Increases Dividend

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

Insiders Place Their Bets

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

Analysts Set New Price Targets

Several analysts have issued reports on LEVI shares. JPMorgan Chase & Co. upped their price target on shares of Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research report on Tuesday, August 4th. Citigroup boosted their target price on Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. TD Cowen restated a “buy” rating and set a $28.00 target price on shares of Levi Strauss & Co. in a report on Wednesday, May 27th. UBS Group restated a “buy” rating and set a $34.00 price target on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. Finally, Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $25.00 price target on shares of Levi Strauss & Co. in a research note on Tuesday, July 28th. Twelve equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.43.

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.