Jupiter Topco LLC Makes New $1.05 Million Investment in Levi Strauss & Co. $LEVI

Jupiter Topco LLC bought a new stake in shares of Levi Strauss & Co. (NYSE:LEVI) in the 2nd quarter, Holdings Channel reports. The fund bought 42,325 shares of the blue-jean maker’s stock, valued at approximately $1,052,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. US Bancorp DE lifted its stake in shares of Levi Strauss & Co. by 260.5% in the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after acquiring an additional 810 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in Levi Strauss & Co. during the 4th quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. increased its holdings in Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 833 shares during the last quarter. 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 during the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in Levi Strauss & Co. during the 4th quarter worth approximately $39,000. 69.14% of the stock is owned by hedge funds and other institutional investors.

Levi Strauss & Co. Price Performance

Shares of NYSE LEVI opened at $21.05 on Friday. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 12.99, a price-to-earnings-growth ratio of 1.39 and a beta of 1.32. Levi Strauss & Co. has a twelve month low of $17.72 and a twelve month high of $25.70. The business has a 50 day simple moving average of $23.36 and a 200-day simple moving average of $22.20.

Levi Strauss & Co. (NYSE:LEVI) last announced its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. The firm had revenue of $1.56 billion for 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%.The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, equities research analysts expect that Levi Strauss & Co. will post 1.54 earnings per share for the current year.

Levi Strauss & Co. Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given a $0.16 dividend. This represents a $0.64 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Wednesday, July 22nd. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. Levi Strauss & Co.’s payout ratio is 39.51%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on LEVI. JPMorgan Chase & Co. increased their target price on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a research note on Tuesday, August 4th. Telsey Advisory Group upped their price target on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a report on Thursday, July 2nd. Wells Fargo & Company reiterated an “equal weight” rating and set a $25.00 price objective on shares of Levi Strauss & Co. in a research note on Tuesday, July 28th. Raymond James Financial raised their price objective on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a report on Thursday, July 2nd. Finally, Barclays boosted their target price on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Twelve research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $27.43.

Insider Buying and Selling at Levi Strauss & Co.

In other news, EVP Harmit Singh sold 98,144 shares of Levi Strauss & Co. stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total value of $2,377,047.68. Following the completion of the transaction, the executive vice president directly 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 position. The transaction was disclosed in a filing 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 Margaret E. Haas sold 47,721 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $24.01, for a total transaction of $1,145,781.21. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 783,560 shares of company stock valued at $18,882,739. Corporate insiders own 1.08% of the company’s stock.

About Levi Strauss & Co.

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.