Jones Financial Companies Lllp increased its stake in Levi Strauss & Co. (NYSE:LEVI – Free Report) by 42.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 180,423 shares of the blue-jean maker’s stock after purchasing an additional 54,107 shares during the quarter. Jones Financial Companies Lllp’s holdings in Levi Strauss & Co. were worth $4,428,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wells Fargo & Company MN boosted its holdings in Levi Strauss & Co. by 0.4% during the fourth quarter. Wells Fargo & Company MN now owns 132,304 shares of the blue-jean maker’s stock worth $2,744,000 after buying an additional 465 shares in the last quarter. Essential Partners LLC increased its holdings in Levi Strauss & Co. by 42.1% in the second quarter. Essential Partners LLC now owns 1,795 shares of the blue-jean maker’s stock valued at $45,000 after buying an additional 532 shares in the last quarter. US Bancorp DE increased its holdings in 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 buying an additional 810 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in shares of Levi Strauss & Co. by 140.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock valued at $26,000 after acquiring an additional 833 shares during the period. Finally, EP Wealth Advisors LLC lifted its position in shares of Levi Strauss & Co. by 6.1% during the 2nd quarter. EP Wealth Advisors LLC now owns 15,136 shares of the blue-jean maker’s stock valued at $376,000 after acquiring an additional 867 shares during the period. Institutional investors and hedge funds own 69.14% of the company’s stock.
Insider Buying and Selling
In other Levi Strauss & Co. news, major shareholder E. Haas Jr. Family Fund Peter sold 145,662 shares of the firm’s 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 of the company’s stock, valued at approximately $3,497,344.62. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Robert D. Haas sold 488,851 shares of the business’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $24.11, for a total value of $11,786,197.61. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 796,009 shares of company stock worth $19,181,538 in the last 90 days. Corporate insiders own 1.08% of the company’s stock.
Wall Street Analysts Forecast Growth
Read Our Latest Report on LEVI
Levi Strauss & Co. Stock Up 1.0%
Shares of NYSE LEVI opened at $21.70 on Tuesday. Levi Strauss & Co. has a 12-month low of $17.72 and a 12-month high of $25.70. The company has a market capitalization of $8.35 billion, a PE ratio of 13.39, a price-to-earnings-growth ratio of 1.42 and a beta of 1.33. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.60 and a quick ratio of 0.98. The firm’s 50-day moving average is $23.87 and its two-hundred day moving average is $22.22.
Levi Strauss & Co. (NYSE:LEVI – Get Free Report) last released its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 EPS for the quarter, beating the consensus estimate of $0.24 by $0.04. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The business had revenue of $1.56 billion for the quarter, compared to analyst estimates of $1.52 billion. During the same period in the prior year, the business earned $0.22 earnings per share. The company’s quarterly revenue was up 8.0% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Equities analysts anticipate that Levi Strauss & Co. will post 1.54 EPS for the current fiscal year.
Levi Strauss & Co. Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, August 5th. Shareholders of record on Wednesday, July 22nd were issued 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 dividend on an annualized basis and a yield of 2.9%. Levi Strauss & Co.’s payout ratio is currently 39.51%.
Levi Strauss & Co. 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.
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