133,627 Shares in Levi Strauss & Co. $LEVI Acquired by Fund 1 Investments LLC

Fund 1 Investments LLC acquired a new stake in Levi Strauss & Co. (NYSE:LEVI) during the 2nd quarter, according to its most recent disclosure with the SEC. The fund acquired 133,627 shares of the blue-jean maker’s stock, valued at approximately $3,318,000. Levi Strauss & Co. makes up about 0.6% of Fund 1 Investments LLC’s portfolio, making the stock its 28th biggest holding.

A number of other large investors also recently modified their holdings of LEVI. Wells Fargo & Company MN grew its position in shares of Levi Strauss & Co. by 0.4% in the fourth quarter. Wells Fargo & Company MN now owns 132,304 shares of the blue-jean maker’s stock valued at $2,744,000 after purchasing an additional 465 shares during the last quarter. Essential Partners LLC lifted its holdings in shares of Levi Strauss & Co. by 42.1% during the second quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock worth $45,000 after buying an additional 532 shares in the last quarter. US Bancorp DE boosted its position 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 valued at $26,000 after acquiring an additional 810 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in Levi Strauss & Co. by 140.7% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock worth $26,000 after acquiring an additional 833 shares during the period. Finally, EP Wealth Advisors LLC increased its position in Levi Strauss & Co. by 6.1% during the second quarter. EP Wealth Advisors LLC now owns 15,136 shares of the blue-jean maker’s stock worth $376,000 after acquiring an additional 867 shares during the period. 69.14% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, major shareholder Margaret E. Haas sold 47,721 shares of the company’s stock in a transaction that occurred on Thursday, June 11th. The stock was sold at an average price of $24.01, for a total value of $1,145,781.21. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of Levi Strauss & Co. stock in a transaction 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 owned 145,662 shares in the company, valued at approximately $3,497,344.62. The trade was a 50.00% decrease in their position. 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 sold 783,560 shares of company stock valued at $18,882,739. 1.08% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

LEVI has been the topic of a number of recent analyst reports. Telsey Advisory Group lifted their target price on Levi Strauss & Co. from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Thursday, July 2nd. Barclays raised their target price on Levi Strauss & Co. from $26.00 to $27.00 and gave the stock an “overweight” rating in a research report on Friday, July 10th. Raymond James Financial boosted their price target on shares of Levi Strauss & Co. from $25.00 to $27.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Citigroup boosted their price objective on Levi Strauss & Co. from $23.00 to $25.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. Finally, BTIG Research restated a “buy” rating and issued a $27.00 price target on shares of Levi Strauss & Co. in a report on Thursday, July 9th. Twelve investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $27.43.

Levi Strauss & Co. Trading Up 1.5%

NYSE:LEVI opened at $21.41 on Thursday. Levi Strauss & Co. has a 12 month low of $17.72 and a 12 month 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 firm’s 50 day moving average is $23.78 and its 200 day moving average is $22.24. The stock has a market capitalization of $8.24 billion, a PE ratio of 13.22, a price-to-earnings-growth ratio of 1.39 and a beta of 1.33.

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

Levi Strauss & Co. Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Wednesday, July 22nd were given 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 was Wednesday, July 22nd. This represents a $0.64 annualized dividend and a dividend yield of 3.0%. Levi Strauss & Co.’s dividend payout ratio is currently 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.