Allspring Global Investments Holdings LLC Boosts Stake in PVH Corp. $PVH

Allspring Global Investments Holdings LLC raised its holdings in PVH Corp. (NYSE:PVH) by 0.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,072,713 shares of the textile maker’s stock after purchasing an additional 15,700 shares during the period. Allspring Global Investments Holdings LLC’s holdings in PVH were worth $176,471,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new position in shares of PVH during the second quarter worth about $38,000. UMB Bank n.a. lifted its holdings in PVH by 63.3% during the 2nd quarter. UMB Bank n.a. now owns 619 shares of the textile maker’s stock worth $42,000 after buying an additional 240 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of PVH by 1,284.4% in the 2nd quarter. Hantz Financial Services Inc. now owns 623 shares of the textile maker’s stock worth $43,000 after acquiring an additional 578 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of PVH by 45.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 907 shares of the textile maker’s stock worth $62,000 after acquiring an additional 284 shares in the last quarter. Finally, Blue Trust Inc. increased its holdings in shares of PVH by 41.2% in the 2nd quarter. Blue Trust Inc. now owns 952 shares of the textile maker’s stock valued at $65,000 after acquiring an additional 278 shares during the last quarter. 97.25% of the stock is currently owned by hedge funds and other institutional investors.

PVH Stock Down 0.2%

Shares of PVH stock opened at $68.06 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.47 and a quick ratio of 0.72. PVH Corp. has a 1-year low of $59.28 and a 1-year high of $109.88. The business’s fifty day moving average price is $77.01 and its two-hundred day moving average price is $77.37. The company has a market capitalization of $3.12 billion, a P/E ratio of 10.20, a PEG ratio of 2.42 and a beta of 1.74.

PVH (NYSE:PVH) last posted its quarterly earnings data on Wednesday, December 3rd. The textile maker reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.56 by $0.27. PVH had a net margin of 3.87% and a return on equity of 11.44%. The business had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.28 billion. During the same quarter last year, the business earned $3.03 earnings per share. The business’s revenue for the quarter 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. As a group, research analysts forecast that PVH Corp. will post 11.67 EPS for the current year.

PVH Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Wednesday, November 26th were given a dividend of $0.0375 per share. This represents a $0.15 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, November 26th. PVH’s payout ratio is presently 2.25%.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wall Street Zen downgraded shares of PVH from a “buy” rating to a “hold” rating in a research report on Saturday, December 13th. Citigroup decreased their target price on PVH from $83.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of PVH in a report on Wednesday, October 8th. BTIG Research reissued a “buy” rating and issued a $100.00 price target on shares of PVH in a report on Friday, December 5th. Finally, Jefferies Financial Group restated a “buy” rating on shares of PVH in a research report on Thursday, October 23rd. Nine equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, PVH presently has an average rating of “Moderate Buy” and a consensus price target of $92.80.

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.