Vest Financial LLC Buys 95,189 Shares of Levi Strauss & Co. $LEVI

Vest Financial LLC purchased a new position in shares of Levi Strauss & Co. (NYSE:LEVI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 95,189 shares of the blue-jean maker’s stock, valued at approximately $1,875,000.

A number of other large investors have also bought and sold shares of the business. Nykredit A S bought a new stake in Levi Strauss & Co. in the 2nd quarter valued at $36,000. Essential Partners LLC increased its holdings in Levi Strauss & Co. by 42.1% during the 2nd quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock worth $45,000 after purchasing an additional 532 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in Levi Strauss & Co. by 479.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 4,042 shares of the blue-jean maker’s stock worth $80,000 after purchasing an additional 3,345 shares in the last quarter. State of Alaska Department of Revenue acquired a new stake in shares of Levi Strauss & Co. in the 3rd quarter valued at about $96,000. Finally, Integrated Wealth Concepts LLC acquired a new stake in shares of Levi Strauss & Co. in the 2nd quarter valued at about $127,000. 69.14% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Wells Fargo & Company reduced their price objective on Levi Strauss & Co. from $25.00 to $20.00 and set an “equal weight” rating for the company in a research report on Thursday, October 8th. Barclays cut their target price on Levi Strauss & Co. from $27.00 to $26.00 and set an “overweight” rating on the stock in a research note on Thursday, October 8th. Jefferies Financial Group reduced their price target on Levi Strauss & Co. from $27.00 to $25.00 and set a “buy” rating for the company in a research report on Thursday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $28.00 price target on shares of Levi Strauss & Co. in a research note on Thursday, October 8th. Finally, Citigroup decreased their price target on shares of Levi Strauss & Co. from $25.00 to $22.00 and set a “neutral” rating for the company in a research note on Wednesday, September 30th. Eleven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $26.92.

Levi Strauss & Co. Stock Performance

LEVI opened at $21.17 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.00 and a current ratio of 1.63. The business’s 50-day simple moving average is $20.43 and its 200 day simple moving average is $22.25. The firm has a market capitalization of $8.12 billion, a PE ratio of 13.43, a PEG ratio of 1.28 and a beta of 1.32. Levi Strauss & Co. has a 52-week low of $17.72 and a 52-week high of $25.70.

Levi Strauss & Co. (NYSE:LEVI) last posted its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share for the quarter, topping the consensus estimate of $0.36 by $0.12. The firm had revenue of $1.61 billion for the quarter, compared to analyst estimates of $1.62 billion. Levi Strauss & Co. had a return on equity of 27.40% and a net margin of 8.83%. The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.34 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, sell-side analysts expect that Levi Strauss & Co. will post 1.56 earnings per share for the current fiscal year.

Levi Strauss & Co. Announces Dividend

The company also recently announced 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 3.0%. The ex-dividend date is Wednesday, October 21st. Levi Strauss & Co.’s payout ratio is presently 42.67%.

Levi Strauss & Co. Company Profile

Levi Strauss & Co (NYSE: LEVI) is an apparel company best known for its Levi’s brand of denim jeans and casualwear. Founded in 1853 by Levi Strauss, the company has developed a broad portfolio of apparel, accessories and footwear designed for consumers worldwide.

The company’s brands include Levi’s, Dockers, Beyond Yoga and Signature by Levi Strauss & Co Its products are sold through company-operated and franchised stores, e-commerce platforms, department stores, specialty retailers and other wholesale channels.

Levi Strauss & Co serves customers across the Americas, Europe and Asia, with operations spanning product design, marketing, distribution and retail.