Caisse DE Depot ET Placement DU Quebec Acquires New Position in PVH Corp. $PVH

Caisse DE Depot ET Placement DU Quebec acquired a new stake in PVH Corp. (NYSE:PVH) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 127,062 shares of the textile maker’s stock, valued at approximately $8,213,000. Caisse DE Depot ET Placement DU Quebec owned 0.24% of PVH as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PVH. Mariner LLC lifted its stake in shares of PVH by 14.7% in the fourth quarter. Mariner LLC now owns 4,535 shares of the textile maker’s stock valued at $480,000 after purchasing an additional 580 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of PVH by 252.1% in the fourth quarter. Tower Research Capital LLC TRC now owns 4,637 shares of the textile maker’s stock valued at $490,000 after purchasing an additional 3,320 shares during the period. Price T Rowe Associates Inc. MD lifted its stake in shares of PVH by 14.0% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 62,274 shares of the textile maker’s stock valued at $6,587,000 after purchasing an additional 7,632 shares during the period. Boothbay Fund Management LLC acquired a new stake in shares of PVH in the fourth quarter valued at about $433,000. Finally, Northern Trust Corp lifted its stake in shares of PVH by 29.1% in the fourth quarter. Northern Trust Corp now owns 549,642 shares of the textile maker’s stock valued at $58,125,000 after purchasing an additional 124,022 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

Insider Buying and Selling

In related news, CEO Stefan Larsson purchased 15,645 shares of the company’s stock in a transaction that occurred on Thursday, June 26th. The stock was purchased at an average price of $63.92 per share, with a total value of $1,000,028.40. Following the completion of the transaction, the chief executive officer owned 269,438 shares of the company’s stock, valued at approximately $17,222,476.96. This trade represents a 6.16% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jesper Andersen purchased 600 shares of the company’s stock in a transaction that occurred on Wednesday, June 11th. The shares were bought at an average cost of $66.10 per share, with a total value of $39,660.00. Following the transaction, the director directly owned 736 shares of the company’s stock, valued at $48,649.60. The trade was a 441.18% increase in their position. The disclosure for this purchase can be found here. Insiders own 1.20% of the company’s stock.

PVH Stock Performance

NYSE:PVH opened at $81.72 on Thursday. The firm has a 50 day simple moving average of $73.28 and a 200-day simple moving average of $72.90. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.11 and a quick ratio of 0.53. The firm has a market cap of $3.93 billion, a PE ratio of 9.16, a P/E/G ratio of 1.70 and a beta of 1.84. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $113.47.

PVH (NYSE:PVH) last posted its quarterly earnings data on Tuesday, August 26th. The textile maker reported $2.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.97 by $0.55. The business had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.11 billion. PVH had a net margin of 5.34% and a return on equity of 11.82%. The company’s revenue was up 4.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.01 earnings per share. PVH has set its Q3 2025 guidance at 2.350-2.50 EPS. FY 2025 guidance at 10.750-11.00 EPS. On average, equities analysts expect that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 3rd will be given 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, September 3rd. PVH’s payout ratio is currently 2.12%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. UBS Group cut their target price on shares of PVH from $150.00 to $146.00 and set a “buy” rating for the company in a research report on Friday, June 6th. Wells Fargo & Company cut their target price on shares of PVH from $100.00 to $80.00 and set an “equal weight” rating for the company in a research report on Thursday, June 5th. Telsey Advisory Group restated an “outperform” rating and set a $90.00 target price on shares of PVH in a research report on Wednesday. Evercore ISI cut their target price on shares of PVH from $105.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, June 5th. Finally, Barclays lifted their target price on shares of PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday. Nine equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $95.40.

PVH 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.