V.F. (NYSE:VFC – Free Report) had its price target reduced by Needham & Company LLC from $25.00 to $21.00 in a report published on Wednesday morning,Benzinga reports. Needham & Company LLC currently has a buy rating on the textile maker’s stock.
VFC has been the topic of a number of other research reports. Wells Fargo & Company cut their price objective on shares of V.F. from $20.00 to $18.00 and set an “equal weight” rating on the stock in a research report on Thursday, May 21st. Evercore set a $18.00 target price on shares of V.F. in a research report on Thursday, May 21st. Barclays lowered their price target on shares of V.F. from $25.00 to $24.00 and set an “overweight” rating on the stock in a research note on Thursday, May 21st. Weiss Ratings downgraded shares of V.F. from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 4th. Finally, UBS Group decreased their price objective on V.F. from $20.00 to $18.00 and set a “neutral” rating for the company in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $18.21.
Check Out Our Latest Report on V.F.
V.F. Trading Down 4.2%
V.F. (NYSE:VFC – Get Free Report) last announced its earnings results on Wednesday, July 29th. The textile maker reported ($0.27) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.05). V.F. had a return on equity of 18.91% and a net margin of 2.88%.The company had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the business posted ($0.24) earnings per share. The business’s quarterly revenue was down 5.2% on a year-over-year basis. Sell-side analysts anticipate that V.F. will post 1.08 earnings per share for the current fiscal year.
V.F. Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 10th will be given a $0.09 dividend. The ex-dividend date is Thursday, September 10th. This represents a $0.36 dividend on an annualized basis and a yield of 2.5%. V.F.’s dividend payout ratio (DPR) is currently 52.17%.
Insider Transactions at V.F.
In other news, Director Richard Carucci bought 30,000 shares of the company’s stock in a transaction on Tuesday, June 9th. The stock was purchased at an average cost of $17.17 per share, for a total transaction of $515,100.00. Following the completion of the transaction, the director owned 336,043 shares of the company’s stock, valued at $5,769,858.31. This trade represents a 9.80% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 1.54% of the stock is currently owned by insiders.
Institutional Trading of V.F.
Hedge funds and other institutional investors have recently made changes to their positions in the company. Parallel Advisors LLC grew its position in shares of 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 buying an additional 588 shares during the last quarter. Root Financial Partners LLC raised its position in shares of V.F. by 282.9% during the first quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock worth $52,000 after acquiring an additional 2,255 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of V.F. by 151.6% in the fourth 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 during the period. Versant Capital Management Inc boosted its stake in shares of V.F. by 213.7% in the 2nd quarter. Versant Capital Management Inc now owns 8,078 shares of the textile maker’s stock valued at $135,000 after purchasing an additional 5,503 shares during the last quarter. Finally, Quent Capital LLC lifted its holdings in V.F. by 1,635.2% in the fourth quarter. Quent Capital LLC now owns 13,170 shares of the textile maker’s stock valued at $238,000 after buying an additional 12,411 shares during the period. 86.84% of the stock is currently owned by institutional investors.
Key Stories Impacting V.F.
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 its approximately 8% operating-margin target, signaling expectations for a gradual turnaround across its brands. VF raises FY 2027 revenue outlook
- Positive Sentiment: V.F. declared a quarterly dividend of $0.09 per share, equivalent to a roughly 2.4% annualized yield at the referenced price, providing ongoing shareholder income. VF shareholder meeting and dividend update
- Neutral Sentiment: Shareholders approved the board, executive compensation and auditor-related proposals at V.F.’s annual meeting, removing a potential governance overhang but providing little direct change to the company’s operating outlook. VF shareholders back board, pay and auditor choices
- Neutral Sentiment: Wells Fargo lowered its price target to $16 from $18 and maintained an Equal Weight rating, while Telsey reduced its target to $17 from $20 with a Market Perform rating. These targets remain above the referenced trading level but reflect reduced confidence in the recovery.
- Negative Sentiment: Fiscal first-quarter adjusted loss was $0.27 per share, worse than the expected $0.22 loss. Revenue of $1.67 billion exceeded estimates but declined 5.2% year over year, highlighting continued demand and brand-recovery challenges. V.F. Corporation Q1 2027 earnings call summary
- Negative Sentiment: The earnings disappointment triggered a sharp gap lower, while Truist also cut its price target to $14 from $15 and kept a Hold rating. The combination of weaker-than-expected profitability and multiple target reductions is the primary pressure on VFC today. V.F. shares gap down on disappointing earnings
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.
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