Levi Strauss & Co. $LEVI Stock Position Raised by Sei Investments Co.

Sei Investments Co. increased its position in Levi Strauss & Co. (NYSE:LEVI) by 36.1% in the first quarter, HoldingsChannel reports. The firm owned 115,383 shares of the blue-jean maker’s stock after acquiring an additional 30,574 shares during the period. Sei Investments Co.’s holdings in Levi Strauss & Co. were worth $2,133,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its position in 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 purchasing an additional 342,009 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings 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 in the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Levi Strauss & Co. by 44.0% in the fourth 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 period. Balyasny Asset Management L.P. boosted its position in shares of Levi Strauss & Co. by 9.3% in the third quarter. Balyasny Asset Management L.P. now owns 3,457,702 shares of the blue-jean maker’s stock worth $80,564,000 after buying an additional 294,053 shares during the period. Finally, GW&K Investment Management LLC grew its holdings in shares of Levi Strauss & Co. by 31.5% during the fourth quarter. GW&K Investment Management LLC now owns 2,219,599 shares of the blue-jean maker’s stock valued at $46,034,000 after buying an additional 531,963 shares in the last quarter. 69.14% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Levi Strauss & Co.

In other news, major shareholder Margaret E. Haas sold 47,721 shares of Levi Strauss & Co. stock in a transaction dated Thursday, June 11th. The stock was sold at an average price of $24.01, for a total transaction of $1,145,781.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 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 business’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. Insiders have sold 1,296,009 shares of company stock valued at $30,227,170 in the last quarter. Corporate insiders own 1.08% of the company’s stock.

Wall Street Analysts Forecast Growth

LEVI has been the topic of several recent analyst reports. Citigroup upped their price target on Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. TD Cowen restated a “buy” rating and set a $28.00 price objective on shares of Levi Strauss & Co. in a research report on Wednesday, May 27th. JPMorgan Chase & Co. lifted 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 increased their price target on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Levi Strauss & Co. in a report on Monday, August 3rd. Twelve analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.43.

Levi Strauss & Co. Trading Down 0.0%

NYSE LEVI opened at $24.40 on Monday. Levi Strauss & Co. has a 1-year low of $17.72 and a 1-year high of $25.70. 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 $9.39 billion, a PE ratio of 15.06, a price-to-earnings-growth ratio of 1.61 and a beta of 1.33. The firm’s fifty day simple moving average is $24.09 and its 200-day simple moving average is $22.10.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings data on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.04. Levi Strauss & Co. had a return on equity of 25.79% and a net margin of 9.66%.The firm had revenue of $1.56 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter last year, the firm earned $0.22 earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. As a group, 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 company also recently declared a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were paid a dividend of $0.16 per share. This is a boost from Levi Strauss & Co.’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend was Wednesday, July 22nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.6%. Levi Strauss & Co.’s dividend payout ratio (DPR) is 39.51%.

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.