Levi Strauss & Co. (NYSE:LEVI) Stock Gets Price Target Reduction from JPMorgan Chase & Co.

Levi Strauss & Co. (NYSE:LEVI) had its target price decreased by JPMorgan Chase & Co. from $34.00 to $33.00 in a report published on Thursday morning,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the blue-jean maker’s stock.

Several other research firms have also issued reports on LEVI. Barclays dropped their price objective on Levi Strauss & Co. from $27.00 to $26.00 and set an “overweight” rating for the company in a research note on Thursday. Telsey Advisory Group boosted their target price on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research note on Thursday, July 2nd. Needham & Company LLC reaffirmed a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a report on Thursday. Raymond James Financial dropped their target price on shares of Levi Strauss & Co. from $24.00 to $22.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, Wells Fargo & Company cut their price target on shares of Levi Strauss & Co. from $25.00 to $20.00 and set an “equal weight” rating for the company in a report on Thursday. Twelve research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $27.31.

Levi Strauss & Co. Trading Down 1.8%

LEVI stock opened at $18.71 on Thursday. Levi Strauss & Co. has a 1-year low of $17.72 and a 1-year high of $25.70. The firm has a market cap of $7.20 billion, a P/E ratio of 12.47, a P/E/G ratio of 1.22 and a beta of 1.32. The business’s 50 day moving average is $21.07 and its 200-day moving average is $22.12. 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. (NYSE:LEVI) last issued its earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.36 by $0.12. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Levi Strauss & Co. had a return on equity of 27.89% and a net margin of 8.83%. Levi Strauss & Co.’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.34 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. Equities analysts anticipate that Levi Strauss & Co. will post 1.56 earnings per share for the current fiscal year.

Levi Strauss & Co. Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be issued a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Wednesday, October 21st. Levi Strauss & Co.’s dividend payout ratio (DPR) is currently 42.67%.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of the business’s stock in a transaction 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 transaction, the executive vice president owned 98,747 shares of the company’s stock, valued at approximately $2,391,652.34. The trade was a 49.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Several large investors have recently made changes to their positions in LEVI. Farther Finance Advisors LLC raised its holdings in shares of Levi Strauss & Co. by 139.7% in the third quarter. Farther Finance Advisors LLC now owns 23,390 shares of the blue-jean maker’s stock valued at $461,000 after buying an additional 13,633 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Levi Strauss & Co. by 8.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 392,152 shares of the blue-jean maker’s stock worth $9,737,000 after acquiring an additional 29,501 shares during the last quarter. State Street Corp grew its holdings in Levi Strauss & Co. by 7.6% during the 2nd quarter. State Street Corp now owns 983,097 shares of the blue-jean maker’s stock worth $24,410,000 after acquiring an additional 69,437 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Levi Strauss & Co. by 0.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker’s stock valued at $40,834,000 after acquiring an additional 7,827 shares in the last quarter. Finally, Engineers Gate Manager LP increased its position in Levi Strauss & Co. by 74.3% in the 2nd quarter. Engineers Gate Manager LP now owns 811,600 shares of the blue-jean maker’s stock valued at $20,152,000 after acquiring an additional 345,855 shares in the last quarter. Institutional investors own 69.14% of the company’s stock.

Key Headlines Impacting Levi Strauss & Co.

Here are the key news stories impacting Levi Strauss & Co. this week:

• Positive Sentiment: Levi Strauss reported third-quarter adjusted EPS of $0.48, above estimates of roughly $0.35-$0.36, helped by tariff refunds and stronger wholesale performance. The company raised its fiscal 2026 EPS outlook to $1.54-$1.56. LEVI Q3 Earnings Beat on Tariff Refunds, FY26 Profit Outlook Raised
• Positive Sentiment: The company received an approximately $80 million tariff refund and plans to reinvest much of the benefit in its business, including digital initiatives and an AI shopping assistant. Management also cited international growth, holiday demand and a stronger balance sheet. Levi’s Got $80 Million in Trump Tariff Refunds
• Positive Sentiment: Analyst support remains broadly favorable: BNP Paribas Exane raised its price target to $35, while Needham reaffirmed a Buy rating at $28. JPMorgan and Barclays maintained Overweight ratings, and unusually heavy call-option activity suggests some traders expect a recovery. Levi Strauss PT Raised to $35
• Neutral Sentiment: Levi declared a quarterly dividend of $0.16 per share, equivalent to a $0.64 annualized payout and approximately a 3.4% yield, supporting the stock’s income appeal. Levi Strauss Shareholders to Get $0.16 Quarterly Dividend
• Negative Sentiment: Third-quarter revenue of about $1.61 billion was slightly below expectations, while DTC sales growth of approximately 2% disappointed investors. Analysts warned that softer U.S. consumer demand and lower visibility into growth could pressure the shares even as margins improve. Levi’s Raises Margin Outlook
• Negative Sentiment: Several firms reduced price targets, including Wells Fargo to $20, Barclays to $26 and JPMorgan to $33. The cuts reflect concern that improved profitability is being driven partly by temporary tariff benefits rather than broad-based sales acceleration.

About Levi Strauss & Co.

Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.

Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.

The company serves customers in North America, Europe, Asia and other international markets.