Stefan Larsson Acquires 14,179 Shares of PVH (NYSE:PVH) Stock

PVH Corp. (NYSE:PVHGet Free Report) CEO Stefan Larsson acquired 14,179 shares of the business’s stock in a transaction on Friday, September 11th. The stock was acquired at an average price of $70.53 per share, for a total transaction of $1,000,044.87. Following the acquisition, the chief executive officer owned 349,889 shares of the company’s stock, valued at approximately $24,677,671.17. This trade represents a 4.22% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

PVH Stock Up 1.8%

Shares of NYSE PVH traded up $1.23 on Friday, reaching $70.58. 873,238 shares of the company’s stock traded hands, compared to its average volume of 1,015,107. The business’s 50 day simple moving average is $79.06 and its two-hundred day simple moving average is $79.15. PVH Corp. has a 12 month low of $59.60 and a 12 month high of $100.75. The company has a market cap of $3.26 billion, a price-to-earnings ratio of -19.08, a price-to-earnings-growth ratio of 0.87 and a beta of 1.72. The company has a quick ratio of 0.93, a current ratio of 1.65 and a debt-to-equity ratio of 0.47.

PVH (NYSE:PVHGet Free Report) last posted its quarterly earnings results on Wednesday, September 2nd. The textile maker reported $3.70 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.62. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.09 billion. PVH had a positive return on equity of 11.94% and a negative net margin of 1.89%.The firm’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.52 EPS. PVH has set its Q3 2026 guidance at 2.500-2.650 EPS and its FY 2026 guidance at 11.800-12.100 EPS. As a group, equities research analysts forecast that PVH Corp. will post 12.06 EPS for the current fiscal year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd will be given a $0.0375 dividend. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Wednesday, September 2nd. PVH’s payout ratio is currently -4.05%.

Analyst Ratings Changes

Several analysts recently commented on PVH shares. Evercore set a $79.00 price objective on shares of PVH and gave the company an “in-line” rating in a research report on Thursday, June 4th. The Goldman Sachs Group dropped their target price on shares of PVH from $93.00 to $87.00 and set a “buy” rating on the stock in a research note on Friday, June 5th. JPMorgan Chase & Co. decreased their price objective on shares of PVH from $84.00 to $83.00 and set an “underweight” rating for the company in a report on Thursday, September 3rd. Zacks Research raised PVH from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 2nd. Finally, BTIG Research reiterated a “buy” rating and set a $100.00 target price on shares of PVH in a research note on Friday, June 5th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $86.55.

Check Out Our Latest Research Report on PVH

Hedge Funds Weigh In On PVH

Several hedge funds and other institutional investors have recently modified their holdings of the company. Neuberger Berman Group LLC grew its position in PVH by 4.7% during the fourth quarter. Neuberger Berman Group LLC now owns 3,467 shares of the textile maker’s stock valued at $232,000 after buying an additional 155 shares during the period. GAMMA Investing LLC grew its position in shares of PVH by 10.2% during the 2nd quarter. GAMMA Investing LLC now owns 1,708 shares of the textile maker’s stock valued at $127,000 after acquiring an additional 158 shares during the period. NewEdge Advisors LLC increased its stake in shares of PVH by 1.1% in the 1st quarter. NewEdge Advisors LLC now owns 16,212 shares of the textile maker’s stock worth $1,131,000 after purchasing an additional 171 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in PVH by 15.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 1,381 shares of the textile maker’s stock worth $94,000 after purchasing an additional 180 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in PVH by 12.4% in the 2nd quarter. Osaic Holdings Inc. now owns 1,672 shares of the textile maker’s stock worth $114,000 after purchasing an additional 184 shares during the period. 97.25% of the stock is owned by institutional investors.

PVH Company Profile

(Get Free Report)

PVH Corp. (NYSE: PVH) is a global apparel company that owns and operates internationally recognized fashion brands. Its principal brands are Calvin Klein and Tommy Hilfiger, which offer clothing, accessories, footwear, underwear, and related lifestyle products across a range of consumer categories.

The company sells its products through wholesale customers, company-operated and franchised stores, e-commerce platforms, and licensing arrangements. PVH serves customers in North America, Europe, the Asia-Pacific region, and other international markets through its retail, digital, and distribution networks.

PVH traces its origins to 1881 and has expanded through brand development and acquisitions, including its acquisition of Tommy Hilfiger and the Calvin Klein business.

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