V.F. (NYSE:VFC) Director Richard Carucci Buys 20,000 Shares of Stock

V.F. Corporation (NYSE:VFCGet Free Report) Director Richard Carucci acquired 20,000 shares of V.F. stock in a transaction dated Thursday, August 13th. The stock was purchased at an average cost of $14.73 per share, for a total transaction of $294,600.00. Following the completion of the purchase, the director directly owned 356,215 shares in the company, valued at approximately $5,247,046.95. This represents a 5.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link.

Richard Carucci also recently made the following trade(s):

  • On Tuesday, June 9th, Richard Carucci bought 30,000 shares of V.F. stock. The shares were acquired at an average cost of $17.17 per share, with a total value of $515,100.00.

V.F. Trading Down 2.6%

NYSE VFC opened at $14.48 on Tuesday. The firm has a market capitalization of $5.69 billion, a price-to-earnings ratio of 20.99, a PEG ratio of 1.07 and a beta of 1.57. The company has a debt-to-equity ratio of 1.70, a quick ratio of 0.78 and a current ratio of 1.43. V.F. Corporation has a one year low of $12.60 and a one year high of $22.27. The company’s 50 day moving average price is $16.38 and its 200 day moving average price is $17.65.

V.F. (NYSE:VFCGet Free Report) last released its quarterly earnings data on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share (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 business had revenue of $1.67 billion for the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the prior year, the firm earned ($0.24) earnings per share. V.F.’s quarterly revenue was down 5.2% compared to the same quarter last year. On average, sell-side analysts predict that V.F. Corporation will post 1.07 EPS for the current year.

V.F. Dividend Announcement

The business also recently disclosed 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 of this dividend is Thursday, September 10th. This represents a $0.36 annualized dividend and a yield of 2.5%. V.F.’s dividend payout ratio (DPR) is 52.17%.

Key V.F. News

Here are the key news stories impacting V.F. this week:

  • Positive Sentiment: Director Richard Carucci purchased 20,000 VFC shares at an average price of $14.73, investing approximately $294,600 and increasing his holdings by about 5.9%. The transaction follows additional insider buying by Carucci and CEO Bracken Darrell, with no reported insider sales over the past six months. V.F. insider purchase details
  • Neutral Sentiment: VFC’s institutional activity was mixed in the second quarter. Some investors increased positions—including Millennium Management, Arrowstreet Capital and American Century—while Dodge & Cox, Citadel Advisors and Massachusetts Financial Services reduced or exited holdings. The conflicting moves do not establish a clear institutional sentiment trend. VFC insider and institutional activity
  • Neutral Sentiment: Analyst price targets reported in recent months have a median of $18, above the current trading level, although targets range widely from $15 to $24. Only limited recent rating activity was cited, including one positive rating, so the analyst outlook remains incomplete. VFC analyst targets
  • Negative Sentiment: VFC continues to show weakening operating momentum. Reported revenue of roughly $1.7 billion declined 5.2% year over year, while its latest quarterly earnings missed analyst expectations by $0.05 per share. These results reinforce concerns about demand and profitability despite the insider buying. V.F. Corporation financial results

Institutional Trading of V.F.

Several large investors have recently modified their holdings of VFC. Bank of New York Mellon Corp purchased a new stake in shares of V.F. during the second quarter worth about $42,038,000. Madison Asset Management LLC purchased a new position in V.F. in the second quarter valued at about $3,913,000. Hillsdale Investment Management Inc. acquired a new stake in V.F. during the 1st quarter valued at approximately $3,209,000. Public Employees Retirement System of Ohio acquired a new stake in V.F. during the 2nd quarter valued at approximately $1,670,000. Finally, Russell Investments Group Ltd. increased its holdings in V.F. by 14.0% during the 4th quarter. Russell Investments Group Ltd. now owns 659,773 shares of the textile maker’s stock worth $11,930,000 after purchasing an additional 81,006 shares during the last quarter. 86.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VFC has been the subject of a number of recent research reports. BTIG Research reiterated a “buy” rating on shares of V.F. in a research note on Friday, July 24th. Wells Fargo & Company reduced their price target on V.F. from $18.00 to $16.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 30th. Evercore set a $16.00 price target on V.F. in a report on Thursday, July 30th. Wall Street Zen downgraded shares of V.F. from a “buy” rating to a “hold” rating in a research report on Sunday, July 12th. Finally, UBS Group dropped their price objective on shares of V.F. from $18.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday, July 30th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, twelve have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $18.21.

Read Our Latest Analysis on VFC

V.F. Company Profile

(Get Free Report)

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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