V.F. Target of Unusually Large Options Trading (NYSE:VFC)

V.F. Corporation (NYSE:VFC) was the recipient of unusually large options trading on Wednesday. Investors purchased 33,220 put options on the stock. This represents an increase of 285% compared to the typical volume of 8,623 put options.

V.F. Stock Down 0.9%

V.F. stock opened at $14.95 on Friday. The business’s 50-day moving average price is $16.87 and its 200 day moving average price is $18.04. The company has a quick ratio of 1.21, a current ratio of 1.43 and a debt-to-equity ratio of 1.70. The firm has a market cap of $5.86 billion, a price-to-earnings ratio of 21.66, a price-to-earnings-growth ratio of 1.05 and a beta of 1.56. V.F. has a 52 week low of $11.10 and a 52 week high of $22.27.

V.F. (NYSE:VFC) 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 company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.64 billion. V.F. had a return on equity of 18.91% and a net margin of 2.88%.The company’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.24) EPS. As a group, sell-side analysts anticipate that V.F. will post 1.09 earnings per share for the current year.

V.F. Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Investors of record on Thursday, September 10th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 2.4%. V.F.’s dividend payout ratio is 56.25%.

V.F. News Roundup

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.

Insider Activity

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 stock was purchased at an average price of $17.17 per share, with a total value of $515,100.00. Following the completion of the acquisition, the director directly owned 336,043 shares of the company’s stock, valued at $5,769,858.31. This trade represents a 9.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.54% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VFC. Optimize Financial Inc raised its stake in shares of V.F. by 1.5% during the 4th quarter. Optimize Financial Inc now owns 40,379 shares of the textile maker’s stock worth $730,000 after buying an additional 580 shares during the period. Parallel Advisors LLC grew its stake in V.F. by 27.9% in the 1st quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock valued at $46,000 after acquiring an additional 588 shares during the period. Root Financial Partners LLC grew its stake in V.F. by 282.9% in the 1st quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock valued at $52,000 after acquiring an additional 2,255 shares during the period. EverSource Wealth Advisors LLC increased its holdings in V.F. by 151.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,915 shares of the textile maker’s stock worth $125,000 after acquiring an additional 4,167 shares in the last quarter. Finally, Handelsbanken Fonder AB increased its holdings in V.F. by 3.7% in the 2nd quarter. Handelsbanken Fonder AB now owns 116,200 shares of the textile maker’s stock worth $1,938,000 after acquiring an additional 4,200 shares in the last quarter. Hedge funds and other institutional investors own 86.84% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Wall Street Zen downgraded shares of V.F. from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Seaport Research Partners upgraded shares of V.F. from a “neutral” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Tuesday, April 14th. UBS Group reaffirmed a “neutral” rating on shares of V.F. in a report on Thursday. Citigroup assumed coverage on shares of V.F. in a research note on Thursday, May 21st. They issued a “neutral” rating and a $18.00 price objective on the stock. Finally, Stifel Nicolaus reduced their target price on shares of V.F. from $19.00 to $17.00 and set a “hold” rating for the company in a report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $18.21.

V.F. Company Profile

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.