Federated Hermes Inc. Boosts Stake in PVH Corp. $PVH

Federated Hermes Inc. raised its position in shares of PVH Corp. (NYSE:PVH) by 9.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 281,149 shares of the textile maker’s stock after buying an additional 23,203 shares during the quarter. Federated Hermes Inc.’s holdings in PVH were worth $19,287,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in PVH. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new stake in shares of PVH during the 2nd quarter worth approximately $38,000. UMB Bank n.a. increased its stake in PVH by 63.3% during the second quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after acquiring an additional 240 shares during the last quarter. Hantz Financial Services Inc. lifted its position in PVH by 1,284.4% in the second quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock worth $43,000 after buying an additional 578 shares during the last quarter. Smartleaf Asset Management LLC lifted its position in PVH by 30.0% in the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the textile maker’s stock worth $52,000 after buying an additional 185 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in PVH by 45.6% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock worth $62,000 after buying an additional 284 shares during the period. Institutional investors own 97.25% of the company’s stock.

PVH Stock Performance

PVH stock opened at $76.13 on Wednesday. PVH Corp. has a one year low of $59.28 and a one year high of $111.71. The firm has a market cap of $3.66 billion, a price-to-earnings ratio of 11.41, a PEG ratio of 2.65 and a beta of 1.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.72 and a current ratio of 1.47. The firm has a 50-day simple moving average of $80.43 and a two-hundred day simple moving average of $77.77.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, topping the consensus estimate of $2.56 by $0.27. PVH had a net margin of 3.87% and a return on equity of 11.44%. The firm had revenue of $2.29 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same quarter in the previous year, the business posted $3.03 EPS. PVH’s revenue was up 1.7% on a year-over-year basis. PVH has set its Q4 2025 guidance at 3.200-3.350 EPS and its FY 2025 guidance at 10.850-11.000 EPS. On average, equities analysts forecast that PVH Corp. will post 11.67 EPS for the current fiscal year.

PVH Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 17th. Stockholders of record on Wednesday, November 26th will be issued a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Wednesday, November 26th. PVH’s dividend payout ratio is currently 2.25%.

Analysts Set New Price Targets

A number of research analysts have recently commented on PVH shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $95.00 target price on shares of PVH in a research note on Thursday, December 4th. Wells Fargo & Company reduced their target price on PVH from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Friday. UBS Group reiterated a “buy” rating and set a $148.00 target price on shares of PVH in a research report on Tuesday, November 25th. Wall Street Zen upgraded shares of PVH from a “hold” rating to a “buy” rating in a report on Sunday, October 12th. Finally, 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 report on Thursday, December 4th. Nine research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $92.80.

PVH Profile

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.