Illinois Municipal Retirement Fund Purchases 44,239 Shares of Levi Strauss & Co. $LEVI

Illinois Municipal Retirement Fund grew its holdings in Levi Strauss & Co. (NYSE:LEVI) by 60.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 116,936 shares of the blue-jean maker’s stock after purchasing an additional 44,239 shares during the period. Illinois Municipal Retirement Fund’s holdings in Levi Strauss & Co. were worth $2,725,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of LEVI. Balyasny Asset Management L.P. boosted its position in Levi Strauss & Co. by 123,970.4% during the second quarter. Balyasny Asset Management L.P. now owns 3,163,649 shares of the blue-jean maker’s stock worth $58,496,000 after purchasing an additional 3,166,203 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Levi Strauss & Co. by 83.4% during the second quarter. Ameriprise Financial Inc. now owns 1,958,271 shares of the blue-jean maker’s stock worth $36,208,000 after buying an additional 890,752 shares in the last quarter. Hook Mill Capital Partners LP acquired a new position in shares of Levi Strauss & Co. in the second quarter valued at about $14,103,000. Fisher Asset Management LLC increased its position in Levi Strauss & Co. by 121.1% during the second quarter. Fisher Asset Management LLC now owns 1,272,867 shares of the blue-jean maker’s stock worth $23,535,000 after acquiring an additional 697,214 shares during the period. Finally, Loomis Sayles & Co. L P bought a new stake in Levi Strauss & Co. in the 2nd quarter valued at about $8,398,000. Institutional investors own 69.14% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on LEVI shares. Wall Street Zen cut Levi Strauss & Co. from a “buy” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings cut shares of Levi Strauss & Co. from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, February 9th. Needham & Company LLC restated a “buy” rating and issued a $28.00 target price on shares of Levi Strauss & Co. in a research report on Thursday, January 29th. BTIG Research reissued a “buy” rating and issued a $27.00 price objective on shares of Levi Strauss & Co. in a research note on Thursday, January 29th. Finally, Raymond James Financial assumed coverage on Levi Strauss & Co. in a research note on Tuesday, December 23rd. They set an “outperform” rating and a $26.00 target price for the company. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, Levi Strauss & Co. presently has a consensus rating of “Moderate Buy” and an average target price of $26.69.

Levi Strauss & Co. Price Performance

Shares of LEVI opened at $21.92 on Monday. The firm has a market cap of $8.56 billion, a PE ratio of 15.02, a price-to-earnings-growth ratio of 1.74 and a beta of 1.33. Levi Strauss & Co. has a 52-week low of $12.17 and a 52-week high of $24.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.94 and a current ratio of 1.55. The business’s 50 day moving average price is $21.26 and its two-hundred day moving average price is $21.50.

Levi Strauss & Co. (NYSE:LEVI) last released its earnings results on Wednesday, January 28th. The blue-jean maker reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.02. The company had revenue of $1.77 billion for the quarter, compared to the consensus estimate of $1.71 billion. Levi Strauss & Co. had a net margin of 9.20% and a return on equity of 25.08%. Levi Strauss & Co.’s quarterly revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.400-1.460 EPS. On average, equities analysts anticipate that Levi Strauss & Co. will post 1.27 EPS for the current year.

Levi Strauss & Co. Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, February 25th. Investors of record on Tuesday, February 10th will be given a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, February 10th. Levi Strauss & Co.’s payout ratio is presently 38.36%.

Insider Buying and Selling

In other news, EVP Jason Gowans sold 40,000 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $21.83, for a total transaction of $873,200.00. Following the completion of the sale, the executive vice president owned 92,199 shares in the company, valued at $2,012,704.17. The trade was a 30.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP David Jedrzejek sold 7,093 shares of the company’s stock in a transaction that occurred on Tuesday, January 27th. The stock was sold at an average price of $21.38, for a total value of $151,648.34. Following the transaction, the senior vice president directly owned 98,193 shares in the company, valued at $2,099,366.34. The trade was a 6.74% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 49,341 shares of company stock worth $1,068,909. 1.25% of the stock is owned by company insiders.

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.