Shares of PVH Corp. (NYSE:PVH) have been assigned a consensus rating of “Buy” from the eighteen research firms that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $122.06.

Several research firms have weighed in on PVH. Cowen and Company increased their price objective on PVH Corp. from $118.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, May 25th. Piper Jaffray Companies set a $120.00 target price on PVH Corp. and gave the company a “buy” rating in a research note on Wednesday, June 14th. ValuEngine cut PVH Corp. from a “buy” rating to a “hold” rating in a research note on Saturday, June 3rd. B. Riley restated a “buy” rating and issued a $128.00 target price on shares of PVH Corp. in a research note on Sunday, June 4th. Finally, Zacks Investment Research cut PVH Corp. from a “buy” rating to a “hold” rating in a research note on Monday, May 29th.

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Shares of PVH Corp. (NYSE PVH) opened at 112.33 on Tuesday. PVH Corp. has a one year low of $83.80 and a one year high of $115.40. The company has a market capitalization of $8.74 billion, a P/E ratio of 23.22 and a beta of 0.47. The firm has a 50-day moving average price of $103.30 and a 200-day moving average price of $97.25.

PVH Corp. (NYSE:PVH) last released its quarterly earnings data on Wednesday, May 24th. The textile maker reported $1.65 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.05. PVH Corp. had a return on equity of 11.57% and a net margin of 4.69%. The business had revenue of $1.99 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter last year, the business posted $1.50 EPS. The business’s revenue was up 3.7% on a year-over-year basis. Equities analysts forecast that PVH Corp. will post $7.50 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 20th. Investors of record on Thursday, May 18th were given a dividend of $0.038 per share. This represents a $0.15 dividend on an annualized basis and a yield of 0.14%. The ex-dividend date was Tuesday, May 16th. PVH Corp.’s dividend payout ratio (DPR) is presently 3.11%.

In related news, EVP David F. Kozel sold 5,636 shares of the firm’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $105.00, for a total transaction of $591,780.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Mark D. Fischer sold 1,500 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of $109.75, for a total value of $164,625.00. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 30,534 shares of company stock valued at $3,188,110. 1.50% of the stock is owned by corporate insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Renaissance Technologies LLC raised its position in PVH Corp. by 238.5% in the fourth quarter. Renaissance Technologies LLC now owns 172,870 shares of the textile maker’s stock worth $15,600,000 after buying an additional 121,800 shares during the period. Janus Capital Management LLC raised its position in PVH Corp. by 981.4% in the fourth quarter. Janus Capital Management LLC now owns 519,093 shares of the textile maker’s stock worth $46,843,000 after buying an additional 471,093 shares during the period. USA Financial Portformulas Corp acquired a new stake in PVH Corp. during the fourth quarter worth approximately $2,246,000. Macquarie Group Ltd. raised its stake in PVH Corp. by 180.0% in the fourth quarter. Macquarie Group Ltd. now owns 128,287 shares of the textile maker’s stock worth $11,576,000 after buying an additional 82,472 shares during the last quarter. Finally, Prudential Financial Inc. raised its stake in PVH Corp. by 3.2% in the first quarter. Prudential Financial Inc. now owns 438,951 shares of the textile maker’s stock worth $45,419,000 after buying an additional 13,671 shares during the last quarter. 96.45% of the stock is owned by institutional investors.

PVH Corp. Company Profile

PVH Corp. is an apparel company. The Company operates through three segments: Calvin Klein, which consists of the Calvin Klein North America and Calvin Klein International segments; Tommy Hilfiger, which consists of the Tommy Hilfiger North America and Tommy Hilfiger International segments, and Heritage Brands, which consists of the Heritage Brands Wholesale and Heritage Brands Retail segments.

Analyst Recommendations for PVH Corp. (NYSE:PVH)

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