V.F. (NYSE:VFC – Free Report) had its target price trimmed by Truist Financial from $15.00 to $14.00 in a report issued on Thursday morning,Benzinga reports. The brokerage currently has a hold rating on the textile maker’s stock.
A number of other analysts have also recently commented on the stock. Williams Trading set a $19.00 price target on shares of V.F. in a research note on Sunday, May 17th. UBS Group reiterated a “neutral” rating on shares of V.F. in a research note on Thursday. Wells Fargo & Company lowered their target price on shares of V.F. from $18.00 to $16.00 and set an “equal weight” rating on the stock in a report on Thursday. Evercore set a $16.00 target price on V.F. in a research report on Thursday. Finally, Telsey Advisory Group cut their price target on V.F. from $20.00 to $17.00 and set a “market perform” rating for the company in a report on Thursday. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, V.F. currently has an average rating of “Hold” and an average price target of $18.21.
View Our Latest Research Report on VFC
V.F. Trading Down 0.9%
V.F. (NYSE:VFC – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The textile maker reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.05). The business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.64 billion. V.F. had a net margin of 2.88% and a return on equity of 18.91%. V.F.’s revenue for the quarter was down 5.2% compared to the same quarter last year. During the same period last year, the company earned ($0.24) earnings per share. As a group, research analysts anticipate that V.F. will post 1.09 EPS for the current year.
V.F. Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 10th will be given a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Thursday, September 10th. V.F.’s dividend payout ratio (DPR) is 56.25%.
Insider Buying and Selling
In other news, Director Richard Carucci bought 30,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 9th. The shares were acquired at an average price of $17.17 per share, with a total value of $515,100.00. Following the acquisition, the director owned 336,043 shares of the company’s stock, valued at approximately $5,769,858.31. The trade was a 9.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 1.54% of the company’s stock.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Handelsbanken Fonder AB boosted its stake in V.F. by 3.7% during the second quarter. Handelsbanken Fonder AB now owns 116,200 shares of the textile maker’s stock valued at $1,938,000 after buying an additional 4,200 shares during the period. Versant Capital Management Inc raised its holdings in shares of V.F. by 213.7% in the 2nd quarter. Versant Capital Management Inc now owns 8,078 shares of the textile maker’s stock valued at $135,000 after acquiring an additional 5,503 shares in the last quarter. Essential Partners LLC raised its holdings in shares of V.F. by 14.3% in the 1st quarter. Essential Partners LLC now owns 54,167 shares of the textile maker’s stock valued at $920,000 after acquiring an additional 6,777 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of V.F. by 6.7% during the 1st quarter. Arkadios Wealth Advisors now owns 77,213 shares of the textile maker’s stock valued at $1,312,000 after acquiring an additional 4,845 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of V.F. by 125.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 15,604 shares of the textile maker’s stock valued at $265,000 after acquiring an additional 8,689 shares during the last quarter. 86.84% of the stock is owned by institutional investors.
Trending Headlines about V.F.
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: Management raised its fiscal 2027 revenue outlook to growth of 2% or better while maintaining an approximately 8% operating-margin target. Revenue of $1.67 billion exceeded consensus expectations, and the company cited margin improvement and lower net debt as signs of progress. VF raises FY 2027 revenue outlook
- Positive Sentiment: V.F. appointed Abhishek Dalmia as its new chief financial officer, adding permanent finance leadership as the turnaround continues. The company’s quarterly dividend remains $0.09 per share, equivalent to an annualized yield of roughly 2.4%. VF names new CFO
- Neutral Sentiment: Shareholders approved the board’s director nominees, executive compensation and auditor selection at the annual meeting, providing continuity but no immediate change to the investment thesis. VF shareholders back board, pay and auditor choices
- Negative Sentiment: Adjusted loss was $0.27 per share versus the expected $0.22 loss and a $0.24 loss a year earlier. Revenue declined 5.2% year over year, with Vans wholesale performance weighing on results. Management acknowledged that the quarter “wasn’t great,” reinforcing concerns about the pace of recovery. VF CEO discusses quarterly results
- Negative Sentiment: Analysts reduced their price targets: Truist moved to $14 from $15 with a Hold rating, Wells Fargo to $16 from $18 with an Equal Weight rating, and Telsey to $17 from $20 with a Market Perform rating. Heavy put-option activity also signals elevated near-term bearish positioning.
About V.F.
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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