PVH Corp. $PVH Shares Acquired by Blue Trust Inc.

Blue Trust Inc. grew its holdings in PVH Corp. (NYSE:PVH) by 41.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 952 shares of the textile maker’s stock after purchasing an additional 278 shares during the period. Blue Trust Inc.’s holdings in PVH were worth $65,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also modified their holdings of the business. KLP Kapitalforvaltning AS lifted its stake in shares of PVH by 3.8% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 11,000 shares of the textile maker’s stock valued at $755,000 after purchasing an additional 400 shares during the last quarter. Capricorn Fund Managers Ltd purchased a new stake in shares of PVH in the 2nd quarter valued at $3,430,000. QRG Capital Management Inc. raised its holdings in shares of PVH by 11.7% in the 2nd quarter. QRG Capital Management Inc. now owns 6,750 shares of the textile maker’s stock valued at $463,000 after buying an additional 706 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of PVH by 45.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock valued at $62,000 after buying an additional 284 shares during the period. Finally, Truist Financial Corp raised its holdings in shares of PVH by 57.3% in the 2nd quarter. Truist Financial Corp now owns 10,978 shares of the textile maker’s stock valued at $753,000 after buying an additional 3,997 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Morgan Stanley boosted their price objective on PVH from $64.00 to $70.00 and gave the company an “equal weight” rating in a report on Thursday, August 28th. JPMorgan Chase & Co. boosted their price objective on PVH from $76.00 to $87.00 and gave the company a “neutral” rating in a report on Monday, July 28th. UBS Group boosted their price objective on PVH from $146.00 to $148.00 and gave the company a “buy” rating in a report on Thursday, August 28th. TD Cowen restated a “hold” rating and set a $74.00 price target (down previously from $98.00) on shares of PVH in a report on Wednesday, July 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. Ten research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $95.56.

PVH Trading Up 0.2%

NYSE:PVH opened at $81.92 on Friday. The stock has a 50-day simple moving average of $82.35 and a 200-day simple moving average of $76.04. The stock has a market cap of $3.94 billion, a P/E ratio of 9.18, a P/E/G ratio of 2.57 and a beta of 1.89. PVH Corp. has a 1 year low of $59.28 and a 1 year high of $113.47. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.63 and a current ratio of 1.37.

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

PVH Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 3rd were given a $0.0375 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.15 dividend on an annualized basis and a dividend yield of 0.2%. PVH’s dividend payout ratio is 1.68%.

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.