Levi Strauss & Co.’s (LEVI) Buy Rating Reiterated at Needham & Company LLC

Needham & Company LLC reiterated their buy rating on shares of Levi Strauss & Co. (NYSE:LEVI) in a report published on Thursday,Benzinga reports. Needham & Company LLC currently has a $28.00 target price on the blue-jean maker’s stock.

A number of other brokerages have also weighed in on LEVI. JPMorgan Chase & Co. raised their price objective on Levi Strauss & Co. from $33.00 to $34.00 and gave the company an “overweight” rating in a report on Tuesday, August 4th. Telsey Advisory Group boosted their price target on shares of Levi Strauss & Co. from $27.00 to $30.00 and gave the stock an “outperform” rating in a research report on Thursday, July 2nd. Barclays upped their price objective on shares of Levi Strauss & Co. from $26.00 to $27.00 and gave the company an “overweight” rating in a research note on Friday, July 10th. UBS Group reiterated a “buy” rating on shares of Levi Strauss & Co. in a report on Wednesday, September 23rd. Finally, Citigroup decreased their target price on shares of Levi Strauss & Co. from $25.00 to $22.00 and set a “neutral” rating on the stock in a research note on Wednesday, September 30th. Twelve equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Levi Strauss & Co. has a consensus rating of “Moderate Buy” and a consensus target price of $27.31.

Levi Strauss & Co. Trading Down 1.8%

LEVI stock opened at $18.71 on Thursday. Levi Strauss & Co. has a 12-month low of $17.72 and a 12-month high of $25.70. The business’s 50-day moving average is $21.07 and its 200 day moving average is $22.12. 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 stock has a market cap of $7.20 billion, a price-to-earnings ratio of 12.47, a PEG ratio of 1.22 and a beta of 1.32.

Levi Strauss & Co. (NYSE:LEVI) last announced its earnings results on Wednesday, October 7th. The blue-jean maker reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.12. The business had revenue of $1.61 billion during the quarter, compared to analysts’ expectations of $1.62 billion. Levi Strauss & Co. had a return on equity of 27.89% and a net margin of 8.83%. The business’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.34 earnings per share. Levi Strauss & Co. has set its FY 2026 guidance at 1.540-1.560 EPS. On average, sell-side analysts anticipate that Levi Strauss & Co. will post 1.56 EPS for the current fiscal year.

Levi Strauss & Co. Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 4th. Investors of record on Wednesday, October 21st will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 3.4%. The ex-dividend date is Wednesday, October 21st. Levi Strauss & Co.’s dividend payout ratio (DPR) is presently 42.67%.

Insider Transactions at Levi Strauss & Co.

In other Levi Strauss & Co. news, EVP Harmit Singh sold 98,144 shares of Levi Strauss & Co. stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $24.22, for a total transaction of $2,377,047.68. Following the transaction, the executive vice president directly owned 98,747 shares of the company’s stock, valued at $2,391,652.34. The trade was a 49.85% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 1.08% of the company’s stock.

Institutional Trading of Levi Strauss & Co.

Several hedge funds have recently made changes to their positions in LEVI. Nykredit A S purchased a new stake in shares of Levi Strauss & Co. during the 2nd quarter valued at approximately $36,000. Essential Partners LLC grew its position 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 worth $45,000 after acquiring an additional 532 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in Levi Strauss & Co. by 417,900.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 4,180 shares of the blue-jean maker’s stock worth $87,000 after acquiring an additional 4,179 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new stake in Levi Strauss & Co. during the second quarter worth $127,000. Finally, Fifth Third Bancorp raised its position in Levi Strauss & Co. by 212,880.0% in the first quarter. Fifth Third Bancorp now owns 10,649 shares of the blue-jean maker’s stock valued at $197,000 after purchasing an additional 10,644 shares during the period. Hedge funds and other institutional investors own 69.14% of the company’s stock.

Key Levi Strauss & Co. News

Here are the key news stories impacting Levi Strauss & Co. this week:

• Positive Sentiment: Levi Strauss reported third-quarter adjusted EPS of $0.48, above estimates of roughly $0.35-$0.36, helped by tariff refunds and stronger wholesale performance. The company raised its fiscal 2026 EPS outlook to $1.54-$1.56. LEVI Q3 Earnings Beat on Tariff Refunds, FY26 Profit Outlook Raised
• Positive Sentiment: The company received an approximately $80 million tariff refund and plans to reinvest much of the benefit in its business, including digital initiatives and an AI shopping assistant. Management also cited international growth, holiday demand and a stronger balance sheet. Levi’s Got $80 Million in Trump Tariff Refunds
• Positive Sentiment: Analyst support remains broadly favorable: BNP Paribas Exane raised its price target to $35, while Needham reaffirmed a Buy rating at $28. JPMorgan and Barclays maintained Overweight ratings, and unusually heavy call-option activity suggests some traders expect a recovery. Levi Strauss PT Raised to $35
• Neutral Sentiment: Levi declared a quarterly dividend of $0.16 per share, equivalent to a $0.64 annualized payout and approximately a 3.4% yield, supporting the stock’s income appeal. Levi Strauss Shareholders to Get $0.16 Quarterly Dividend
• Negative Sentiment: Third-quarter revenue of about $1.61 billion was slightly below expectations, while DTC sales growth of approximately 2% disappointed investors. Analysts warned that softer U.S. consumer demand and lower visibility into growth could pressure the shares even as margins improve. Levi’s Raises Margin Outlook
• Negative Sentiment: Several firms reduced price targets, including Wells Fargo to $20, Barclays to $26 and JPMorgan to $33. The cuts reflect concern that improved profitability is being driven partly by temporary tariff benefits rather than broad-based sales acceleration.

Levi Strauss & Co. Company Profile

Levi Strauss & Co is an apparel company best known for its Levi’s brand of denim jeans and related clothing. Its product portfolio includes jeans, tops, bottoms, jackets, footwear, accessories and other casualwear for men, women and children.

Founded in 1853 and headquartered in San Francisco, California, the company also owns the Dockers, Beyond Yoga and Signature by Levi Strauss & Co brands. Levi Strauss & Co sells its products through company-operated stores, e-commerce platforms, wholesale partners and other distribution channels.

The company serves customers in North America, Europe, Asia and other international markets.