Hsbc Holdings PLC Makes New Investment in PVH Corp. $PVH

Hsbc Holdings PLC acquired a new position in shares of PVH Corp. (NYSE:PVH) in the 2nd quarter, Holdings Channel reports. The fund acquired 16,820 shares of the textile maker’s stock, valued at approximately $1,248,000.

Several other hedge funds have also recently made changes to their positions in PVH. Danske Bank A S acquired a new position in shares of PVH in the 3rd quarter valued at $25,000. Global Retirement Partners LLC acquired a new stake in PVH during the 2nd quarter worth about $26,000. Eurizon Capital SGR S.p.A. purchased a new stake in PVH during the 4th quarter valued at about $36,000. Allworth Financial LP purchased a new stake in PVH during the 2nd quarter valued at about $41,000. Finally, Quarry LP acquired a new position in shares of PVH in the third quarter valued at about $58,000. 97.25% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Weiss Ratings cut PVH from a “hold (c)” rating to a “hold (c-)” rating in a research note on Tuesday, July 14th. The Goldman Sachs Group dropped their target price on PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a research report on Friday, June 5th. Citigroup reiterated a “buy” rating on shares of PVH in a report on Friday, June 5th. Needham & Company LLC reduced their price target on shares of PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Finally, UBS Group decreased their price objective on shares of PVH from $130.00 to $121.00 and set a “buy” rating for the company in a research note on Friday, June 5th. Six equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $86.82.

PVH Stock Down 2.5%

PVH opened at $73.93 on Tuesday. The company has a fifty day moving average of $79.48 and a two-hundred day moving average of $79.07. The stock has a market capitalization of $3.41 billion, a price-to-earnings ratio of 23.40, a PEG ratio of 1.12 and a beta of 1.74. PVH Corp. has a fifty-two week low of $59.60 and a fifty-two week high of $100.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.93 and a current ratio of 1.68.

PVH (NYSE:PVH) last posted its earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.80 by $0.21. PVH had a net margin of 1.76% and a return on equity of 10.87%. The business had revenue of $2.03 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the prior year, the company posted $2.30 EPS. The company’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, research analysts expect that PVH Corp. will post 12.01 earnings per share for the current year.

PVH Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 2nd will be given a dividend of $0.0375 per share. The ex-dividend date is Wednesday, September 2nd. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. PVH’s dividend payout ratio is currently 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.