Illinois Municipal Retirement Fund Increases Stock Position in PVH Corp. $PVH

Illinois Municipal Retirement Fund boosted its holdings in PVH Corp. (NYSE:PVH) by 32.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,275 shares of the textile maker’s stock after purchasing an additional 11,372 shares during the quarter. Illinois Municipal Retirement Fund owned about 0.10% of PVH worth $3,174,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of PVH in the second quarter valued at about $38,000. UMB Bank n.a. increased its position in PVH by 63.3% in the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock valued at $42,000 after acquiring an additional 240 shares during the period. Hantz Financial Services Inc. raised its stake in PVH by 1,284.4% during the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock valued at $43,000 after acquiring an additional 578 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in PVH by 30.0% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after acquiring an additional 185 shares during the period. Finally, Allworth Financial LP grew its stake in shares of PVH by 78.2% in the 1st quarter. Allworth Financial LP now owns 930 shares of the textile maker’s stock valued at $60,000 after purchasing an additional 408 shares during the last quarter. 97.25% of the stock is owned by hedge funds and other institutional investors.

PVH Stock Up 4.7%

PVH opened at $80.14 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37. The company has a market cap of $3.86 billion, a price-to-earnings ratio of 8.98, a PEG ratio of 2.54 and a beta of 1.89. PVH Corp. has a one year low of $59.28 and a one year high of $113.47. The business’s fifty day moving average is $82.66 and its two-hundred day moving average is $77.55.

PVH (NYSE:PVH) last released its quarterly earnings results on Tuesday, August 26th. The textile maker reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.97 by $0.55. PVH had a return on equity of 11.90% and a net margin of 5.34%.The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.11 billion. During the same quarter in the previous year, the company posted $3.01 EPS. The business’s revenue was up 4.5% on a year-over-year basis. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. Analysts anticipate that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 26th will be issued a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 26th. PVH’s dividend payout ratio is 1.68%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Wall Street Zen upgraded PVH from a “hold” rating to a “buy” rating in a research note on Sunday, October 12th. Telsey Advisory Group reissued an “outperform” rating and issued a $90.00 price objective on shares of PVH in a research note on Wednesday, August 27th. UBS Group raised their target price on shares of PVH from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. BTIG Research initiated coverage on shares of PVH in a report on Tuesday, October 14th. They issued a “buy” rating and a $100.00 target price on the stock. Finally, JPMorgan Chase & Co. increased their price target on shares of PVH from $76.00 to $87.00 and gave the stock a “neutral” rating in a report on Monday, July 28th. Ten investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $95.13.

PVH Company Profile

PVH Corp. operates as an apparel company in the United States and internationally. The company operates through Tommy Hilfiger North America, Tommy Hilfiger International, Calvin Klein North America, Calvin Klein International, and Heritage Brands Wholesale segments. It designs and markets men's, women's, and children's branded apparel, footwear and accessories, underwear, sleepwear, outerwear, home furnishings, luggage, dresses, suits and swimwear, activewear, sportswear, socks and accessories, outerwear, golf products, footwear, watches and jewelry, eyeglasses and non-ophthalmic sunglasses, jeans wear, performance apparel, intimate apparel, dress shirts, handbags, fragrance, small leather goods, and other related products; and men's and boy's tailored clothing products, duvets, pillows, mattress pads and toppers, and feather beds.