Key Points
- SVP David Jedrzejek sold 3,091 Levi Strauss shares for $74,184 at $24 per share, under a pre-arranged Rule 10b5-1 plan to cover tax withholding on vested equity awards; he retained 97,178 shares.
- Levi Strauss reported quarterly EPS of $0.48, beating the $0.36 consensus, while revenue of $1.61 billion slightly missed estimates and rose 4.3% year over year. The company set FY2026 EPS guidance of $1.54–$1.56.
- Analysts’ average rating was “Moderate Buy,” with an average price target of $26.92; the company’s annualized dividend was $0.64 per share, a 2.6% yield.
Levi Strauss & Co. (NYSE:LEVI - Get Free Report) SVP David Jedrzejek sold 3,091 shares of the stock in a transaction dated Tuesday, November 10th. The stock was sold at an average price of $24.00, for a total transaction of $74,184.00. Following the transaction, the senior vice president owned 97,178 shares of the company's stock, valued at $2,332,272. This represents a 3.08% decrease in their position. 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Levi Strauss & Co. Price Performance
Shares of NYSE:LEVI opened at $24.37 on Wednesday. The stock has a market cap of $9.35 billion, a P/E ratio of 16.25, a P/E/G ratio of 1.45 and a beta of 1.30. Levi Strauss & Co. has a 12 month low of $17.72 and a 12 month high of $25.70. The company has a 50 day moving average of $20.77 and a 200 day moving average of $21.76. The company has a current ratio of 1.63, a quick ratio of 1.00 and a debt-to-equity ratio of 0.43.
Levi Strauss & Co. (NYSE:LEVI - Get Free Report) last issued its quarterly earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.36 by $0.12. Levi Strauss & Co. had a return on equity of 27.40% and a net margin of 8.83%. The firm had revenue of $1.61 billion during the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter last year, the company posted $0.34 EPS. The company's revenue for the quarter was up 4.3% on a year-over-year basis. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. As a group, sell-side analysts forecast that Levi Strauss & Co. will post 1.56 EPS for the current fiscal year.
Levi Strauss & Co. Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, November 4th. Stockholders of record on Wednesday, October 21st were paid a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, October 21st. Levi Strauss & Co.'s dividend payout ratio is 42.67%.
Institutional Investors Weigh In On Levi Strauss & Co.
Hedge funds have recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in shares of Levi Strauss & Co. by 462.4% in the 1st quarter. Bank of New York Mellon Corp now owns 4,839,861 shares of the blue-jean maker's stock valued at $89,489,000 after acquiring an additional 3,979,223 shares during the last quarter. Eastern Bank purchased a new stake in Levi Strauss & Co. during the 2nd quarter valued at $60,854,000. Dimensional Fund Advisors LP lifted its position in Levi Strauss & Co. by 8.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,849,014 shares of the blue-jean maker's stock worth $34,185,000 after buying an additional 148,174 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in Levi Strauss & Co. by 0.5% in the second quarter. The Manufacturers Life Insurance Company now owns 1,644,561 shares of the blue-jean maker's stock worth $40,834,000 after buying an additional 7,827 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Levi Strauss & Co. by 12.6% during the first quarter. Allspring Global Investments Holdings LLC now owns 1,325,256 shares of the blue-jean maker's stock worth $25,180,000 after buying an additional 148,067 shares during the period. 69.14% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
LEVI has been the topic of several research analyst reports. BNP Paribas Exane reissued an "outperform" rating and set a $35.00 target price on shares of Levi Strauss & Co. in a research note on Friday, October 9th. Wall Street Zen downgraded shares of Levi Strauss & Co. from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 3rd. TD Cowen began coverage on Levi Strauss & Co. in a research note on Friday, October 30th. They set a "strong-buy" rating for the company. Raymond James Financial reduced their price target on Levi Strauss & Co. from $24.00 to $22.00 and set an "outperform" rating for the company in a report on Thursday, October 8th. Finally, Bank of America reduced their target price on Levi Strauss & Co. from $27.00 to $25.00 and set a "buy" rating for the company in a report on Thursday, October 8th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, Levi Strauss & Co. currently has an average rating of "Moderate Buy" and an average target price of $26.92.
View Our Latest Analysis on LEVI
About Levi Strauss & Co.
(
Get Free Report)
Levi Strauss & Co. is a global apparel company best known for its Levi's denim jeans. Founded in 1853 by Levi Strauss, the company has grown from a San Francisco dry-goods business into a designer, marketer and distributor of jeans, casual apparel and related accessories. Its portfolio includes the Levi's, Dockers and Beyond Yoga brands. Products are sold through wholesale partners and the company's own retail stores and e-commerce channels in markets around the world. Michelle Gass became president and chief executive officer in January 2024.
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