PVH Corp. $PVH Shares Bought by Wasatch Advisors LP

Wasatch Advisors LP raised its holdings in shares of PVH Corp. (NYSE:PVH) by 18.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,692 shares of the textile maker’s stock after purchasing an additional 8,640 shares during the period. Wasatch Advisors LP owned 0.12% of PVH worth $3,815,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in PVH. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in PVH by 26.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 24,931 shares of the textile maker’s stock valued at $1,612,000 after buying an additional 5,240 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of PVH by 79.8% during the first quarter. Goldman Sachs Group Inc. now owns 553,500 shares of the textile maker’s stock valued at $35,778,000 after acquiring an additional 245,740 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of PVH in the 1st quarter valued at approximately $226,000. United Services Automobile Association acquired a new stake in PVH in the 1st quarter worth approximately $240,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in PVH by 9.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 353,847 shares of the textile maker’s stock worth $22,873,000 after purchasing an additional 30,077 shares in the last quarter. Hedge funds and other institutional investors own 97.25% of the company’s stock.

PVH Stock Up 3.4%

Shares of PVH opened at $74.48 on Friday. PVH Corp. has a 52 week low of $59.60 and a 52 week high of $100.75. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $3.43 billion, a price-to-earnings ratio of 23.57, a PEG ratio of 0.99 and a beta of 1.71. The stock’s 50-day moving average price is $85.91 and its 200-day moving average price is $74.91.

PVH (NYSE:PVH) last announced its quarterly earnings results on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share for the quarter, beating the consensus estimate of $1.80 by $0.21. PVH had a return on equity of 10.87% and a net margin of 1.76%.The company had revenue of $2.03 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period last year, the business earned $2.30 earnings per share. PVH’s quarterly revenue 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, sell-side analysts predict that PVH Corp. will post 12.03 EPS for the current year.

PVH Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 3rd were paid a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Wednesday, June 3rd. PVH’s payout ratio is currently 4.75%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on PVH. Wall Street Zen lowered PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. BTIG Research reaffirmed a “buy” rating and set a $100.00 target price on shares of PVH in a report on Friday, June 5th. 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. JPMorgan Chase & Co. reduced their price target on shares of PVH from $79.00 to $70.00 and set a “neutral” rating for the company in a research report on Thursday, June 4th. Finally, Needham & Company LLC decreased their price objective on shares of PVH from $107.00 to $102.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. Seven investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $84.71.

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.