Saxon Interests Inc. Makes New Investment in PVH Corp. $PVH

Saxon Interests Inc. purchased a new stake in PVH Corp. (NYSE:PVH) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 11,716 shares of the textile maker’s stock, valued at approximately $817,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Goldman Sachs Group Inc. lifted its position in PVH by 79.8% in the 1st 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. Jupiter Asset Management Ltd. raised its stake in shares of PVH by 87.5% in the 4th quarter. Jupiter Asset Management Ltd. now owns 406,536 shares of the textile maker’s stock valued at $27,246,000 after purchasing an additional 189,666 shares during the period. LSV Asset Management raised its stake in shares of PVH by 8.4% in the 4th quarter. LSV Asset Management now owns 2,127,646 shares of the textile maker’s stock valued at $142,595,000 after purchasing an additional 164,343 shares during the period. Invenomic Capital Management LP lifted its holdings in shares of PVH by 32.3% in the fourth quarter. Invenomic Capital Management LP now owns 652,967 shares of the textile maker’s stock valued at $43,762,000 after purchasing an additional 159,532 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in shares of PVH by 7.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 2,218,143 shares of the textile maker’s stock worth $150,434,000 after buying an additional 145,430 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. UBS Group dropped their target price on PVH from $130.00 to $121.00 and set a “buy” rating on the stock in a research report on Friday, June 5th. Wells Fargo & Company decreased their price target on shares of PVH from $85.00 to $78.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Telsey Advisory Group reissued a “market perform” rating and issued a $74.00 price objective on shares of PVH in a research report on Wednesday, April 1st. Wall Street Zen cut shares of PVH from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Citigroup reiterated a “buy” rating on shares of PVH in a research note on Friday, June 5th. Seven analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $84.71.

PVH Trading Up 0.5%

Shares of NYSE:PVH opened at $77.20 on Wednesday. The stock has a market cap of $3.56 billion, a PE ratio of 24.43, a P/E/G ratio of 1.13 and a beta of 1.75. The company has a quick ratio of 0.93, a current ratio of 1.68 and a debt-to-equity ratio of 0.46. PVH Corp. has a 12-month low of $59.60 and a 12-month high of $100.75. The business has a 50 day moving average of $83.21 and a 200-day moving average of $74.94.

PVH (NYSE:PVH) last issued its quarterly earnings data on Wednesday, June 3rd. The textile maker reported $2.01 earnings per share 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 during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the previous year, the company earned $2.30 EPS. The business’s 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. As a group, equities research analysts forecast that PVH Corp. will post 12.03 earnings per share for the current year.

PVH Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 3rd were paid 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 was Wednesday, June 3rd. PVH’s dividend payout ratio (DPR) is 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.