Aurora Investment Counsel Acquires New Shares in Levi Strauss & Co. $LEVI

Aurora Investment Counsel acquired a new position in shares of Levi Strauss & Co. (NYSE:LEVI) in the 1st quarter, HoldingsChannel.com reports. The fund acquired 28,842 shares of the blue-jean maker’s stock, valued at approximately $533,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LEVI. US Bancorp DE boosted its position in Levi Strauss & Co. by 260.5% during the third quarter. US Bancorp DE now owns 1,121 shares of the blue-jean maker’s stock worth $26,000 after purchasing an additional 810 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in shares of Levi Strauss & Co. in the fourth quarter valued at $26,000. Northwestern Mutual Wealth Management Co. increased its position in shares of Levi Strauss & Co. by 140.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,425 shares of the blue-jean maker’s stock valued at $26,000 after buying an additional 833 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of Levi Strauss & Co. during the 4th quarter worth $39,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Levi Strauss & Co. by 133.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,286 shares of the blue-jean maker’s stock worth $51,000 after buying an additional 1,879 shares during the last quarter. 69.14% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Levi Strauss & Co. news, major shareholder Robert D. Haas sold 488,851 shares of Levi Strauss & Co. stock in a transaction that occurred on Thursday, June 11th. The shares were sold at an average price of $24.11, for a total value of $11,786,197.61. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, major shareholder Margaret E. Haas sold 47,721 shares of the business’s stock in a transaction on Thursday, June 11th. The shares were sold at an average price of $24.01, for a total value of $1,145,781.21. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,468,570 shares of company stock worth $34,136,152. 1.08% of the stock is owned by insiders.

Analysts Set New Price Targets

LEVI has been the topic of several recent research reports. JPMorgan Chase & Co. boosted their price objective on shares of Levi Strauss & Co. from $30.00 to $32.00 and gave the stock an “overweight” rating in a research report on Thursday, July 2nd. Weiss Ratings upgraded shares of Levi Strauss & Co. from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 6th. TD Cowen reaffirmed a “buy” rating and issued a $28.00 price target on shares of Levi Strauss & Co. in a report on Wednesday, May 27th. UBS Group reiterated a “buy” rating and issued a $34.00 price target on shares of Levi Strauss & Co. in a research report on Thursday, July 9th. Finally, Telsey Advisory Group raised their price objective on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a research note on Thursday, July 2nd. Twelve research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.46.

Levi Strauss & Co. Price Performance

NYSE:LEVI opened at $24.36 on Friday. The firm has a market cap of $9.37 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 1.61 and a beta of 1.33. The company has a current ratio of 1.60, a quick ratio of 0.98 and a debt-to-equity ratio of 0.46. The company’s 50-day moving average is $23.29 and its two-hundred day moving average is $21.76. Levi Strauss & Co. has a 12-month low of $17.72 and a 12-month high of $25.58.

Levi Strauss & Co. (NYSE:LEVI) last released its quarterly earnings results on Wednesday, July 8th. The blue-jean maker reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.24 by $0.04. The company had revenue of $1.56 billion for the quarter, compared to analysts’ expectations of $1.52 billion. Levi Strauss & Co. had a net margin of 9.66% and a return on equity of 25.79%. The firm’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the company earned $0.22 EPS. Levi Strauss & Co. has set its FY 2026 guidance at 1.460-1.520 EPS. Research analysts expect that Levi Strauss & Co. will post 1.54 EPS for the current year.

Levi Strauss & Co. Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 5th. Investors of record on Wednesday, July 22nd will be given a dividend of $0.16 per share. This represents a $0.64 dividend on an annualized basis and a yield of 2.6%. This is an increase from Levi Strauss & Co.’s previous quarterly dividend of $0.14. The ex-dividend date is Wednesday, July 22nd. Levi Strauss & Co.’s dividend payout ratio (DPR) is 34.57%.

About Levi Strauss & Co.

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.