PVH Corp. $PVH Holdings Raised by Prospera Financial Services Inc

Prospera Financial Services Inc increased its position in shares of PVH Corp. (NYSE:PVH) by 115.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,902 shares of the textile maker’s stock after purchasing an additional 8,001 shares during the quarter. Prospera Financial Services Inc’s holdings in PVH were worth $1,022,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in PVH. Cetera Investment Advisers grew its position in shares of PVH by 63.5% during the 1st quarter. Cetera Investment Advisers now owns 6,468 shares of the textile maker’s stock valued at $418,000 after buying an additional 2,511 shares during the last quarter. Alberta Investment Management Corp boosted its stake in PVH by 41.5% in the first quarter. Alberta Investment Management Corp now owns 34,393 shares of the textile maker’s stock valued at $2,223,000 after acquiring an additional 10,093 shares during the period. Jump Financial LLC acquired a new position in PVH in the first quarter valued at approximately $6,346,000. Y Intercept Hong Kong Ltd bought a new position in shares of PVH during the first quarter valued at approximately $1,909,000. Finally, Pzena Investment Management LLC raised its position in shares of PVH by 15.1% during the 1st quarter. Pzena Investment Management LLC now owns 6,161,567 shares of the textile maker’s stock worth $398,284,000 after purchasing an additional 807,301 shares during the period. Institutional investors own 97.25% of the company’s stock.

PVH Stock Performance

Shares of PVH opened at $80.14 on Thursday. The firm has a market capitalization of $3.86 billion, a PE ratio of 8.98, a P/E/G ratio of 2.54 and a beta of 1.89. The company has a quick ratio of 0.63, a current ratio of 1.37 and a debt-to-equity ratio of 0.46. The firm has a 50-day moving average price of $82.66 and a 200 day moving average price of $77.55. PVH Corp. has a 52-week low of $59.28 and a 52-week high of $113.47.

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

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Investors of record on Wednesday, November 26th will be issued a dividend of $0.0375 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Wednesday, November 26th. PVH’s payout ratio is presently 1.68%.

Analyst Ratings Changes

Several brokerages recently issued reports on PVH. Telsey Advisory Group reissued an “outperform” rating and issued a $90.00 price target on shares of PVH in a report on Wednesday, August 27th. Barclays increased their target price on PVH from $83.00 to $101.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 27th. UBS Group boosted their price target on shares of PVH from $146.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Bank of America increased their price objective on shares of PVH from $76.00 to $88.00 and gave the stock a “neutral” rating in a report on Wednesday, August 27th. Finally, Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a research report on Sunday, October 12th. Ten equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $95.13.

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.