Arrowstreet Capital Limited Partnership Sells 93,004 Shares of PVH Corp. $PVH

Arrowstreet Capital Limited Partnership lowered its stake in PVH Corp. (NYSE:PVH) by 11.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 736,355 shares of the textile maker’s stock after selling 93,004 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in PVH were worth $50,514,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Pzena Investment Management LLC lifted its position in PVH by 4.0% during the second quarter. Pzena Investment Management LLC now owns 6,407,637 shares of the textile maker’s stock worth $439,564,000 after purchasing an additional 246,070 shares during the period. Allspring Global Investments Holdings LLC increased its holdings in PVH by 170.6% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 2,057,013 shares of the textile maker’s stock valued at $147,262,000 after buying an additional 1,296,881 shares during the period. American Century Companies Inc. raised its position in shares of PVH by 31.8% in the 2nd quarter. American Century Companies Inc. now owns 1,059,155 shares of the textile maker’s stock valued at $72,658,000 after buying an additional 255,755 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of PVH by 3.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 646,995 shares of the textile maker’s stock worth $41,822,000 after acquiring an additional 19,340 shares during the period. Finally, Swedbank AB lifted its holdings in shares of PVH by 33.6% during the 1st quarter. Swedbank AB now owns 588,586 shares of the textile maker’s stock worth $38,046,000 after acquiring an additional 148,103 shares during the period. Institutional investors and hedge funds own 97.25% of the company’s stock.

PVH Trading Down 11.9%

Shares of NYSE PVH opened at $77.14 on Friday. The firm has a 50 day moving average price of $80.95 and a two-hundred day moving average price of $78.01. The stock has a market cap of $3.71 billion, a P/E ratio of 11.56, a price-to-earnings-growth ratio of 2.76 and a beta of 1.74. PVH Corp. has a 52-week low of $59.28 and a 52-week 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 issued its quarterly earnings results on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping analysts’ consensus estimates of $2.56 by $0.27. The company had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. PVH had a net margin of 3.87% and a return on equity of 11.44%. PVH’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.03 earnings per share. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. As a group, equities analysts forecast that PVH Corp. will post 11.67 EPS for the current year.

PVH Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be paid a $0.0375 dividend. The ex-dividend date of this dividend is Wednesday, November 26th. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. PVH’s dividend payout ratio is presently 1.68%.

Analyst Ratings Changes

A number of research analysts recently issued reports on PVH shares. JPMorgan Chase & Co. lifted their price objective on shares of PVH from $82.00 to $83.00 and gave the company a “neutral” rating in a research note on Thursday. Wall Street Zen raised PVH from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Barclays lifted their price target on PVH from $83.00 to $101.00 and gave the company an “overweight” rating in a research note on Wednesday, August 27th. UBS Group restated a “buy” rating and set a $148.00 price objective on shares of PVH in a research report on Tuesday, November 25th. Finally, Telsey Advisory Group reaffirmed an “outperform” rating and issued a $95.00 price objective on shares of PVH in a research note on Thursday. Ten research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $94.25.

About PVH

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.