Levi Strauss & Co. (NYSE:LEVI) Receives $27.46 Average PT from Analysts

Levi Strauss & Co. (NYSE:LEVI) has earned an average recommendation of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat reports. Three research analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $27.4615.

Several research firms recently commented on LEVI. Telsey Advisory Group boosted their price objective on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Citigroup increased their price objective on Levi Strauss & Co. from $23.00 to $25.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Raymond James Financial lifted their target price on Levi Strauss & Co. from $25.00 to $27.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Wall Street Zen upgraded Levi Strauss & Co. from a “hold” rating to a “strong-buy” rating in a research note on Saturday, April 11th. Finally, BTIG Research reissued a “buy” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a research report on Thursday, July 9th.

Levi Strauss & Co. Trading Up 2.9%

NYSE LEVI opened at $24.61 on Friday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. The stock’s 50-day moving average is $23.39 and its 200-day moving average is $21.81. Levi Strauss & Co. has a one year low of $17.72 and a one year high of $25.58. The firm has a market cap of $9.47 billion, a P/E ratio of 15.19, a P/E/G ratio of 1.58 and a beta of 1.33.

Levi Strauss & Co. (NYSE:LEVI) last posted its earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.24 by $0.04. The business had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.Levi Strauss & Co.’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Sell-side analysts anticipate that Levi Strauss & Co. will post 1.54 earnings per share for the current fiscal year.

Levi Strauss & Co. Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd will be paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.6%. The ex-dividend date is Wednesday, July 22nd. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s dividend payout ratio (DPR) is presently 39.51%.

Insider Buying and Selling

In related news, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $3,497,344.62. Following the completion of the transaction, the insider directly owned 145,662 shares of the company’s stock, valued at approximately $3,497,344.62. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of the firm’s stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.11, for a total value of $11,786,197.61. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,236,803 shares of company stock worth $28,742,192. Corporate insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of Levi Strauss & Co. by 3.8% during the 4th quarter. Vanguard Group Inc. now owns 9,320,747 shares of the blue-jean maker’s stock worth $193,312,000 after acquiring an additional 342,009 shares during the period. Bank of New York Mellon Corp raised its position in shares of Levi Strauss & Co. by 462.4% in the first quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker’s stock valued at $89,489,000 after purchasing an additional 3,979,223 shares during the period. Goldman Sachs Group Inc. lifted its stake in shares of Levi Strauss & Co. by 44.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 4,243,680 shares of the blue-jean maker’s stock worth $88,014,000 after buying an additional 1,296,474 shares during the last quarter. Balyasny Asset Management L.P. raised its holdings in Levi Strauss & Co. by 9.3% in the 3rd quarter. Balyasny Asset Management L.P. now owns 3,457,702 shares of the blue-jean maker’s stock valued at $80,564,000 after acquiring an additional 294,053 shares during the period. Finally, Eastern Bank acquired a new stake in Levi Strauss & Co. during the second quarter worth approximately $60,854,000. Institutional investors own 69.14% of the company’s stock.

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.