V.F. Corporation (NYSE:VFC – Get Free Report) has earned an average recommendation of “Hold” from the twenty brokerages that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $18.2059.
A number of research firms have recently commented on VFC. Zacks Research cut shares of V.F. from a “strong-buy” rating to a “hold” rating in a report on Monday, May 25th. Weiss Ratings lowered shares of V.F. from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, June 4th. Williams Trading set a $19.00 target price on shares of V.F. in a research note on Sunday, May 17th. Seaport Research Partners raised shares of V.F. from a “neutral” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Tuesday, April 14th. Finally, The Goldman Sachs Group decreased their price target on shares of V.F. from $18.00 to $16.00 and set a “neutral” rating for the company in a research note on Thursday, July 30th.
Read Our Latest Analysis on VFC
V.F. Price Performance
V.F. (NYSE:VFC – Get Free Report) last announced its quarterly earnings data 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 net margin of 2.88% and a return on equity of 18.91%. The business had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same period last year, the company earned ($0.24) EPS. The business’s revenue was down 5.2% compared to the same quarter last year. As a group, sell-side analysts predict that V.F. will post 1.07 earnings per share for the current year.
V.F. Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a yield of 2.4%. The ex-dividend date is Thursday, September 10th. V.F.’s dividend payout ratio (DPR) is presently 52.17%.
Insiders Place Their Bets
In other news, Director Richard Carucci bought 30,000 shares of the firm’s stock in a transaction on Tuesday, June 9th. The stock was acquired at an average cost of $17.17 per share, with a total value of $515,100.00. Following the transaction, the director directly owned 336,043 shares in the company, valued at approximately $5,769,858.31. This trade represents a 9.80% increase in their position. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bracken Darrell purchased 32,894 shares of V.F. stock in a transaction dated Friday, July 31st. The stock was acquired at an average price of $14.98 per share, with a total value of $492,752.12. Following the acquisition, the insider owned 1,402,109 shares in the company, valued at approximately $21,003,592.82. This represents a 2.40% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 1.54% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently made changes to their positions in the stock. Parallel Advisors LLC raised its holdings in V.F. by 27.9% in the first quarter. Parallel Advisors LLC now owns 2,694 shares of the textile maker’s stock worth $46,000 after purchasing an additional 588 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of V.F. by 282.9% in the 1st quarter. Root Financial Partners LLC now owns 3,052 shares of the textile maker’s stock valued at $52,000 after buying an additional 2,255 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of V.F. by 151.6% in the 4th quarter. EverSource Wealth Advisors LLC now owns 6,915 shares of the textile maker’s stock valued at $125,000 after buying an additional 4,167 shares in the last quarter. Versant Capital Management Inc grew its position 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 worth $135,000 after buying an additional 5,503 shares during the last quarter. Finally, Quent Capital LLC grew its position in shares of V.F. by 1,635.2% in the 4th quarter. Quent Capital LLC now owns 13,170 shares of the textile maker’s stock worth $238,000 after buying an additional 12,411 shares during the last quarter. 86.84% of the stock is currently owned by hedge funds and other institutional investors.
V.F. News Roundup
Here are the key news stories impacting V.F. this week:
- Positive Sentiment: CEO Bracken Darrell bought 32,894 VFC shares for approximately $492,752 at an average price of $14.98, increasing his ownership by 2.4% to more than 1.4 million shares. The open-market purchase may signal management’s confidence that the stock is undervalued. V.F. insider buying report
- Neutral Sentiment: VFC’s international revenue trends remain an important investor focus. Overseas performance could provide growth and help offset weakness elsewhere, but the company’s reliance on international markets also leaves results exposed to currency movements and uneven consumer demand. V.F. international revenue analysis
- Neutral Sentiment: The company’s quarterly dividend remains $0.09 per share, or $0.36 annually, representing a yield of roughly 2.4% at the reported share price. The payout may provide some support for income-oriented investors, although it does not resolve the company’s operating challenges. V.F. dividend and stock information
- Negative Sentiment: VFC’s latest results showed an adjusted loss of $0.27 per share, worse than the $0.22 consensus estimate, while revenue fell 5.2% year over year to $1.67 billion. The earnings miss and continued sales decline reinforce concerns about margins, brand performance and the pace of the turnaround.
- Negative Sentiment: Analysts reduced their price targets after the earnings report, including Wells Fargo and Goldman Sachs to $16 and Telsey Advisory Group to $17. The revisions and generally “Hold” consensus indicate limited near-term conviction despite a median target above the current trading range.
About V.F.
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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