PVH (NYSE:PVH) Shares Gap Down on Analyst Downgrade

PVH Corp. (NYSE:PVH) gapped down prior to trading on Thursday after Wall Street Zen downgraded the stock from a buy rating to a hold rating. The stock had previously closed at $98.00, but opened at $72.00. PVH shares last traded at $74.2050, with a volume of 1,182,477 shares trading hands.

PVH has been the subject of several other reports. Citigroup restated a “buy” rating on shares of PVH in a research report on Friday. Telsey Advisory Group restated a “market perform” rating and set a $74.00 target price on shares of PVH in a research report on Wednesday, April 1st. The Goldman Sachs Group reduced their target price on PVH from $93.00 to $87.00 and set a “buy” rating for the company in a research report on Friday. Zacks Research upgraded PVH from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 25th. Finally, Weiss Ratings upgraded PVH from a “sell (d)” rating to a “sell (d+)” rating in a research report on Wednesday, May 6th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, PVH currently has an average rating of “Hold” and a consensus price target of $86.14.

Key PVH News

Here are the key news stories impacting PVH this week:

• Positive Sentiment: PVH reported Q1 earnings of $2.01 per share and revenue of $2.03 billion, both slightly ahead of expectations, showing the business still has some near-term execution strength. Article Title
• Positive Sentiment: BTIG Research reaffirmed its Buy rating and $100 price target, suggesting upside if PVH can stabilize sales and margins. Article Title
• Neutral Sentiment: Bank of America and JPMorgan both kept neutral/hold-type views, but trimmed price targets, signaling analysts see value near current levels while remaining cautious on near-term demand. Article Title
• Neutral Sentiment: PVH’s earnings call highlighted progress in direct-to-consumer performance and brand momentum, but also acknowledged ongoing pressure in Europe, keeping the outlook mixed. Article Title
• Negative Sentiment: The main driver of the stock weakness is PVH’s decision to cut full-year revenue guidance to flat, down from prior expectations for slight growth, after management cited weak EMEA demand and the Middle East conflict. Article Title
• Negative Sentiment: Multiple articles and analyst notes describe the outlook cut as a “low-quality” update, and the sharp drop in the shares has also triggered securities investigations, adding legal overhang. Article Title

Hedge Funds Weigh In On PVH

A number of hedge funds and other institutional investors have recently modified their holdings of PVH. Danske Bank A S purchased a new position in shares of PVH in the 3rd quarter worth about $25,000. Saranac Partners Ltd purchased a new position in shares of PVH in the 3rd quarter worth about $30,000. Global Retirement Partners LLC boosted its holdings in shares of PVH by 513.9% in the 4th quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker’s stock worth $30,000 after purchasing an additional 370 shares in the last quarter. Eurizon Capital SGR S.p.A. purchased a new position in shares of PVH in the 4th quarter worth about $36,000. Finally, Meeder Asset Management Inc. purchased a new position in shares of PVH in the 4th quarter worth about $48,000. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH Stock Performance

The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.85 and a current ratio of 1.68. The business has a 50 day moving average price of $86.53 and a two-hundred day moving average price of $75.14. The company has a market cap of $3.55 billion, a P/E ratio of 24.52, a price-to-earnings-growth ratio of 0.86 and a beta of 1.71.

PVH (NYSE:PVH) last released its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating analysts’ consensus estimates of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter in the previous year, the company posted $2.30 EPS. PVH’s revenue for the quarter was up 2.1% on a year-over-year basis. PVH has set its Q2 2026 guidance at 3.000-3.10 EPS and its FY 2026 guidance at 11.800-12.10 EPS. On average, sell-side analysts anticipate that PVH Corp. will post 12.01 earnings per share for the current year.

PVH Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 3rd will be paid a $0.0375 dividend. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, June 3rd. PVH’s payout ratio is 4.75%.

PVH Company Profile

PVH Corp is a leading global apparel company known for its portfolio of iconic brands in the dress shirt, sportswear and lifestyle categories. The company designs, markets and distributes clothing, accessories and fragrances under both owned and licensed brands. PVH’s core brand holdings include Calvin Klein and Tommy Hilfiger, complemented by a range of heritage labels such as Van Heusen, IZOD, ARROW, Warner’s and Olga.

PVH’s operations span the entire value chain from product design and development to manufacturing, marketing and distribution.