PVH (NYSE:PVH) Rating Lowered to Hold at Zacks Research

PVH (NYSE:PVH) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

A number of other research analysts have also weighed in on PVH. The Goldman Sachs Group decreased their price objective on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a report on Friday, June 5th. Weiss Ratings raised shares of PVH from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, June 8th. UBS Group reduced their target price on shares of PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research report on Friday, June 5th. Telsey Advisory Group restated a “market perform” rating and set a $74.00 price target on shares of PVH in a research report on Wednesday, April 1st. Finally, BTIG Research reaffirmed a “buy” rating and set a $100.00 price objective on shares of PVH in a research note on Friday, June 5th. Seven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $86.14.

PVH Trading Down 1.1%

PVH stock opened at $72.61 on Tuesday. The company has a current ratio of 1.68, a quick ratio of 0.93 and a debt-to-equity ratio of 0.46. PVH has a 12-month low of $59.60 and a 12-month high of $100.75. The stock has a market cap of $3.35 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 0.98 and a beta of 1.71. The business’s 50-day moving average is $86.48 and its 200 day moving average is $74.95.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 EPS for the quarter, topping the consensus estimate of $1.80 by $0.21. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2 billion. PVH had a return on equity of 10.87% and a net margin of 1.76%.PVH’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period in the previous year, the business earned $2.30 EPS. 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 will post 12.06 EPS for the current fiscal year.

Institutional Investors Weigh In On PVH

Several hedge funds and other institutional investors have recently bought and sold shares of PVH. Danske Bank A S acquired a new position in PVH in the 3rd quarter valued at about $25,000. Saranac Partners Ltd acquired a new stake in shares of PVH during the 3rd quarter worth approximately $30,000. Global Retirement Partners LLC raised its position in shares of PVH by 513.9% during the 4th quarter. Global Retirement Partners LLC now owns 442 shares of the textile maker’s stock valued at $30,000 after buying an additional 370 shares during the period. Eurizon Capital SGR S.p.A. purchased a new stake in shares of PVH during the 4th quarter valued at approximately $36,000. Finally, Meeder Asset Management Inc. acquired a new position in PVH in the fourth quarter valued at approximately $48,000. 97.25% of the stock is currently owned by institutional investors and hedge funds.

About PVH

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.