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

Key Points

  • Director Richard Carucci bought 20,000 V.F. shares at an average price of $14.73, investing $294,600 and increasing his ownership by approximately 5.9%. The purchase follows another 30,000-share acquisition in June.
  • V.F.’s latest quarterly results showed weakening momentum: revenue fell 5.2% year over year to $1.67 billion, while adjusted earnings of negative $0.27 per share missed estimates by $0.05.
  • Analysts maintain a generally cautious outlook, with the stock carrying an average “Hold” rating and an $18.21 price target, while V.F. continues to pay a quarterly dividend of $0.09 per share.

V.F. Corporation (NYSE:VFC - Get Free Report) Director Richard Carucci acquired 20,000 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $14.73 per share, with a total value of $294,600.00. Following the completion of the acquisition, the director owned 356,215 shares of the company's stock, valued at $5,247,046.95. The trade was a 5.95% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 purchased at an average cost of $17.17 per share, for a total transaction of $515,100.00.

V.F. Price Performance

Shares of VFC opened at $14.48 on Tuesday. The firm has a market cap 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 stock has a 50 day moving average of $16.38 and a 200-day moving average of $17.65. The company has a current ratio of 1.43, a quick ratio of 0.78 and a debt-to-equity ratio of 1.70. V.F. Corporation has a 52 week low of $12.60 and a 52 week high of $22.27.




V.F. (NYSE:VFC - Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The textile maker reported ($0.27) earnings per share for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.05). V.F. had a net margin of 2.88% and a return on equity of 18.91%. The firm had revenue of $1.67 billion during the quarter, compared to the consensus estimate of $1.64 billion. During the same quarter last year, the firm posted ($0.24) earnings per share. V.F.'s revenue was down 5.2% compared to the same quarter last year. As a group, analysts forecast that V.F. Corporation will post 1.07 EPS for the current year.

V.F. Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Thursday, September 10th. V.F.'s dividend payout ratio is 52.17%.

Trending Headlines about V.F.

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

Analyst Ratings Changes

Several research firms have recently commented on VFC. Citigroup assumed coverage on shares of V.F. in a report on Thursday, May 21st. They issued a "neutral" rating and a $18.00 price target for the company. Evercore set a $16.00 target price on shares of V.F. in a report on Thursday, July 30th. Wall Street Zen downgraded V.F. from a "buy" rating to a "hold" rating in a research note on Sunday, July 12th. UBS Group lowered their target price on V.F. from $18.00 to $16.00 and set a "neutral" rating for the company in a report on Thursday, July 30th. Finally, BTIG Research reissued a "buy" rating on shares of V.F. in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, twelve have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $18.21.

Read Our Latest Analysis on VFC

Institutional Trading of V.F.

A number of large investors have recently modified their holdings of VFC. Hillsdale Investment Management Inc. acquired a new position in V.F. during the 1st quarter valued at about $3,209,000. Entropy Technologies LP acquired a new stake in shares of V.F. in the first quarter valued at approximately $815,000. Handelsbanken Fonder AB increased its stake in shares of V.F. by 3.7% in the second quarter. Handelsbanken Fonder AB now owns 116,200 shares of the textile maker's stock valued at $1,938,000 after purchasing an additional 4,200 shares during the period. Versant Capital Management Inc raised its holdings in shares of V.F. by 213.7% during the second quarter. Versant Capital Management Inc now owns 8,078 shares of the textile maker's stock valued at $135,000 after buying an additional 5,503 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its position in shares of V.F. by 125.7% during the first quarter. EverSource Wealth Advisors LLC now owns 15,604 shares of the textile maker's stock worth $265,000 after buying an additional 8,689 shares during the period. Institutional investors and hedge funds own 86.84% of the company's stock.

About V.F.

(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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