Russell Investments Group Ltd. Acquires 27,727 Shares of V.F. Corporation $VFC

Key Points

• Russell Investments Group Ltd. increased its stake in V.F. Corporation by 11.1%, owning 277,442 shares worth approximately $4.3 million as of the latest SEC filing.
• Several institutional investors, including GAMMA Investing LLC and Amalgamated Bank, significantly boosted their positions in V.F. during the first quarter, reflecting strong institutional interest in the company.
• V.F. reported a negative EPS of ($0.24) for the last quarter, surpassing expectations, while quarterly revenue decreased by 7.3% compared to the previous year.

Russell Investments Group Ltd. increased its holdings in V.F. Corporation (NYSE:VFC - Free Report) by 11.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 277,442 shares of the textile maker's stock after acquiring an additional 27,727 shares during the period. Russell Investments Group Ltd. owned about 0.07% of V.F. worth $4,306,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. GAMMA Investing LLC lifted its holdings in shares of V.F. by 1,355.2% during the 1st quarter. GAMMA Investing LLC now owns 404,405 shares of the textile maker's stock worth $6,276,000 after acquiring an additional 376,615 shares during the last quarter. Rhumbline Advisers lifted its holdings in shares of V.F. by 11.0% during the 1st quarter. Rhumbline Advisers now owns 928,753 shares of the textile maker's stock worth $14,414,000 after acquiring an additional 92,174 shares during the last quarter. Entropy Technologies LP bought a new stake in shares of V.F. during the 1st quarter worth $749,000. Amalgamated Bank lifted its holdings in shares of V.F. by 46.2% during the 1st quarter. Amalgamated Bank now owns 152,410 shares of the textile maker's stock worth $2,365,000 after acquiring an additional 48,151 shares during the last quarter. Finally, Fiduciary Alliance LLC lifted its holdings in shares of V.F. by 16.4% during the 1st quarter. Fiduciary Alliance LLC now owns 298,596 shares of the textile maker's stock worth $4,634,000 after acquiring an additional 42,065 shares during the last quarter. Institutional investors and hedge funds own 86.84% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the stock. Stifel Nicolaus lowered their price target on shares of V.F. from $28.00 to $15.00 and set a "buy" rating for the company in a research note on Thursday, May 22nd. Wells Fargo & Company lowered their price target on shares of V.F. from $13.00 to $12.00 and set an "equal weight" rating for the company in a research note on Thursday, May 22nd. BNP Paribas Exane downgraded shares of V.F. from a "neutral" rating to an "underperform" rating in a research note on Thursday, July 31st. BNP Paribas downgraded shares of V.F. from a "neutral" rating to an "underperform" rating and lowered their price target for the stock from $11.00 to $10.00 in a research note on Thursday, July 31st. Finally, UBS Group boosted their price target on shares of V.F. from $12.00 to $16.00 and gave the stock a "neutral" rating in a research note on Monday, May 19th. Seven research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, V.F. presently has an average rating of "Hold" and a consensus target price of $16.20.

V.F. Trading Down 0.1%

Shares of NYSE VFC traded down $0.02 during midday trading on Monday, hitting $13.68. 6,257,837 shares of the company traded hands, compared to its average volume of 10,501,635. V.F. Corporation has a 12-month low of $9.41 and a 12-month high of $29.02. 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 stock has a 50-day moving average price of $12.35 and a 200 day moving average price of $14.61. The firm has a market cap of $5.34 billion, a P/E ratio of -105.23, a P/E/G ratio of 1.93 and a beta of 1.68.

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

V.F. Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 18th. Shareholders of record on Wednesday, September 10th will be issued a $0.09 dividend. This represents a $0.36 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Wednesday, September 10th. V.F.'s dividend payout ratio is -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.