Fiduciary Alliance LLC Increases Stock Position in V.F. Corporation $VFC

Key Points

• Fiduciary Alliance LLC increased its stock position in V.F. Corporation by 61.1% during the second quarter, owning 481,091 shares valued at approximately $5.65 million.
• V.F. Corporation reported a quarterly revenue of $1.76 billion, exceeding estimates, despite a 7.3% year-over-year decline in revenue.
• The company declared a quarterly dividend of $0.09 per share, reflecting a 2.4% dividend yield, despite a negative payout ratio of -276.92%.

Fiduciary Alliance LLC raised its position in V.F. Corporation (NYSE:VFC - Free Report) by 61.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 481,091 shares of the textile maker's stock after acquiring an additional 182,495 shares during the quarter. Fiduciary Alliance LLC owned approximately 0.12% of V.F. worth $5,653,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC grew its stake in shares of V.F. by 1,355.2% in the first quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after purchasing an additional 376,615 shares during the last quarter. Rhumbline Advisers lifted its holdings in V.F. by 11.0% in the 1st quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock worth $14,414,000 after buying an additional 92,174 shares during the period. Entropy Technologies LP bought a new stake in shares of V.F. in the 1st quarter worth approximately $749,000. Amalgamated Bank increased its stake in shares of V.F. by 46.2% during the first quarter. Amalgamated Bank now owns 152,410 shares of the textile maker's stock valued at $2,365,000 after buying an additional 48,151 shares during the period. Finally, Russell Investments Group Ltd. increased its stake in shares of V.F. by 11.1% during the first quarter. Russell Investments Group Ltd. now owns 277,442 shares of the textile maker's stock valued at $4,306,000 after buying an additional 27,727 shares during the period. 86.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on VFC. Wall Street Zen cut shares of V.F. from a "buy" rating to a "hold" rating in a report on Saturday, May 24th. BNP Paribas lowered shares of V.F. from a "neutral" rating to an "underperform" rating and cut their target price for the company from $11.00 to $10.00 in a research note on Thursday, July 31st. KGI Securities started coverage on shares of V.F. in a research note on Thursday, July 31st. They issued an "outperform" rating and a $14.80 price target for the company. Baird R W upgraded shares of V.F. from a "hold" rating to a "strong-buy" rating in a report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. reduced their target price on V.F. from $25.00 to $18.00 and set a "neutral" rating on the stock in a report on Monday, May 19th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, V.F. presently has a consensus rating of "Hold" and an average price target of $16.67.

V.F. Price Performance

NYSE VFC opened at $14.74 on Tuesday. V.F. Corporation has a one year low of $9.41 and a one year high of $29.02. The stock has a 50-day moving average of $13.29 and a 200 day moving average of $13.46. The company has a debt-to-equity ratio of 2.76, a quick ratio of 0.65 and a current ratio of 1.27. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of -113.38, a PEG ratio of 2.10 and a beta of 1.69.

V.F. (NYSE:VFC - Get Free Report) last announced its quarterly earnings results on Wednesday, July 30th. The textile maker reported ($0.24) EPS for the quarter, topping analysts' consensus estimates of ($0.35) by $0.11. The firm had revenue of $1.76 billion during the quarter, compared to analyst estimates of $1.70 billion. V.F. had a negative net margin of 0.50% and a positive return on equity of 22.77%. The business's revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the previous year, the business posted ($0.33) earnings per share. V.F. has set its Q2 2026 guidance at EPS. On average, sell-side analysts forecast that V.F. Corporation will post 0.73 EPS for the current year.

V.F. Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 18th. Stockholders of record on Wednesday, September 10th will be issued a dividend of $0.09 per share. This represents a $0.36 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, September 10th. V.F.'s dividend payout ratio is presently -276.92%.

V.F. Profile

VF Corp. engages in the business of producing and marketing apparel, footwear, and accessories. It operates through the following segments: Outdoor, Active, Work, and Other. The Outdoor segment includes authentic outdoor-based lifestyle brands such as performance-based and outdoor apparel, footwear, and equipment.

Want to see what other hedge funds are holding VFC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for V.F. Corporation (NYSE:VFC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.